Startup NICO raises another $1.73M
Indianapolis-based medical-device startup NICO Corp. has raised $1.73 million from investors.
Medical Devices
Articles
Startup NICO Corp. hopes to commercialize brain surgery device
Economists call it a “virtuous cycle” when successful entrepreneurs plow their gains into new businesses. Jim Pearson calls
it another day on the job. The former Suros Surgical Systems Inc. CEO is attempting to repeat what he already has done: Build
a company to bring a promising medical device all the way from the drawing board to the market.
Advantis Medical Inc. finds niche making orthopedic supplies
Advantis Medical Inc. manufactures custom trays and cases for orthopedic surgical devices. That core product line brought Advantis some $5.2 million in revenue in 2004, double the amount of the previous year, said Advantis President Jim Spencer.