Finland: Globus Medical goes out on a limb for Synoste

The founders of Synoste

US medical device manufacturer Globus Medical has acquired Finland’s Synoste from High-Tech Gründerfonds (HTGF) and Evonik Venture Capital. Financial terms have not been disclosed. Founded in 2012, Helsinki and Düsseldorf-based Synoste is a spin-off of Aalto University in Helsinki, Finland. Together with Orton, a local hospital specialised in orthopaedics, Synoste developed a high-tech implant for…

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