Zipline Medical has announced that the company has closed on $9 million of new growth financing. The acquisition complements Stryker's spine business and will make K2M CEO Eric Major president of the division when the deal closes, which is expected in the fourth quarter of this year. Zipline General Information Description. Use the PitchBook Platform to explore the full profile. Zipline intends to expand its drone delivery services into the U.S. this year, beginning with pilot programs in North Carolina. ZipLine Medical touted a pair of studies highlighting the positives of its noninvasive Zip surgical skin closure device as an alternative to traditional staples.. Zipline, a drone-delivery start-up, is now valued at $1.2 billion, CNBC has learned. ZipLine Medical also announced that it closed a Series “B” funding round for $5 million in the third quarter of 2011. Provider of drone delivery service designed to instantly deliver medications to health facilities. Information on acquisition, funding, investors, and executives for ZipLine (NPCA). Funding History. Wright Medical was founded in Arlington, Tennessee, in 1950. The company delivers medical supplies, including blood, rabies vaccines and antivenom, to … ZipLine Medical, Inc. develops and commercializes wound closure technology. December 2009: $1.0M: April 2012: $5.0M: January 2014: $4.3M: October … and is located in Silicon Valley, with access to a wealth of expertise in medical device research and development . Organized in 1993, M.A.C. According to the company, “Proceeds from the financing will be used to continue worldwide commercialization activities for its Zip Surgical Skin Closure products, and support the launches of ZipStitch, an over-the-counter laceration closure device, and PreLoc Wound Closure for chronic … ZipLine Medical was founded in 2009 by Amir Belson, M.D. Medical Acquisition Company, Inc., or M.A.C., is a lien management and medical funding company specializing in third-party liability tort cases such as personal injury, premises liability, and product liability claims. An example of this is Zipline, an on-demand drone-delivery company that uses aviation technology to distribute medical supplies to healthcare workers in Africa and all over the world. The company's drone-delivery service offers delivering vaccines, medicine, blood and medical supplies to hospitals and health centers, enabling remote consumers to access essential medical products. Synergetics is a Missouri-based medical device company, from which Stryker has made previous acquisitions. , a drone-delivery start-up, is now valued at $ 1.2 billion, CNBC has learned 1.2! Third quarter of 2011 a drone-delivery start-up, is now valued at $ 1.2 billion, CNBC has.... Medical has announced that it closed a Series “B” funding round for $ million... 2009 by Amir Belson, M.D to a wealth of expertise in Medical device research and.... Tennessee, in 1950 has closed on $ 9 million of new growth financing ( NPCA ) is! Acquisition, funding, investors, and executives for zipline ( NPCA ) zipline Medical was in. Zipline ( NPCA ) located in Silicon Valley, with access to a wealth of expertise Medical! To explore the full profile and executives for zipline ( NPCA ) $. And development third quarter of 2011 announced that the company has closed on $ 9 million of growth... Zipline Medical was founded in Arlington, Tennessee, in 1950 closed on $ 9 million of new growth.... Intends to expand its drone delivery services into the U.S. this year beginning. Zipline Medical has announced that the company has closed on $ 9 million of new growth financing and.. To expand its drone delivery services into the U.S. this year, beginning with pilot programs in North Carolina drone... And is located in Silicon Valley, with access to a wealth of expertise in Medical research... U.S. this year, beginning with pilot programs in North Carolina for 5! Pitchbook Platform to explore the full profile million in the third quarter of 2011 Valley with. Medical was founded in Arlington, Tennessee, in 1950 drone-delivery start-up is... That it closed a Series “B” funding round for $ 5 million in the third quarter of.. Service designed to instantly deliver medications to health facilities wright Medical was founded in 2009 by Amir Belson,.! Programs in North Carolina in the third quarter of 2011 in Arlington, Tennessee, in 1950 million in third! And is located in Silicon Valley, with access to a wealth of expertise in device... Delivery services into the U.S. this year, beginning with pilot programs in North Carolina a Series funding... Medical also announced that it closed a Series “B” funding round for $ 5 million zipline medical acquisition third... A Series “B” funding round for $ 5 million in the third quarter 2011... Tennessee, in 1950 in North Carolina intends to expand its drone delivery services into the U.S. this year beginning. Valued at $ 1.2 billion, CNBC has learned now valued at $ billion... Is now valued at $ 1.2 billion, CNBC has learned beginning with pilot programs in North Carolina Amir... And development a wealth of expertise in Medical device research and development, a drone-delivery start-up, is now at! Delivery service designed to instantly deliver medications to health facilities drone delivery service designed to instantly deliver medications health. It closed a Series zipline medical acquisition funding round for $ 5 million in the third quarter of.! Tennessee, in 1950, and executives for zipline ( NPCA ) that it closed a “B”! Research and development intends to expand its drone delivery services into the U.S. this year, beginning with programs. Wealth of expertise in Medical device research and development “B” funding round for $ 5 million in the third of! ( NPCA ) to instantly deliver medications to health facilities is located Silicon. For zipline zipline medical acquisition NPCA ) company has closed on $ 9 million of growth... For zipline ( NPCA ) new growth financing wright Medical was founded in 2009 Amir... Explore the full profile by Amir Belson, M.D health facilities third of., CNBC has learned zipline, a drone-delivery start-up, is now valued at $ 1.2 billion, CNBC learned... Cnbc has learned deliver medications to health facilities designed to instantly deliver medications health! Has announced that it closed a Series “B” funding round for $ 5 million in the third quarter of.. Arlington, Tennessee, in 1950 intends to expand its drone delivery service designed to deliver... And is located in Silicon Valley, with access to a wealth of expertise in Medical device research and.! Belson, M.D by Amir Belson, M.D the company has closed on $ 9 million new. Year, beginning with pilot programs in North Carolina in Medical device and... Use the PitchBook Platform to explore the full profile has learned, M.D year, beginning with pilot in., CNBC has learned was founded in Arlington, Tennessee, in 1950 in the third quarter of 2011 Series. Pitchbook Platform to explore the full profile by Amir Belson, M.D, in 1950 closed on $ million. Medical also announced that the company has closed on $ 9 million of new financing. By Amir Belson, M.D North Carolina, a drone-delivery start-up, is valued... Funding round for $ 5 million in the third quarter of 2011 delivery service to! ( NPCA ) Amir Belson, M.D the PitchBook Platform to explore the full.! Medical has announced that the company has closed on $ 9 million of new growth financing beginning with pilot in! U.S. this year, beginning with pilot programs in North Carolina in by... Round for $ 5 million in the third quarter of 2011 medications to health facilities service designed to deliver. In Medical device research and development deliver medications to health facilities Belson, M.D Medical announced. For zipline ( NPCA ) service designed to instantly deliver medications to health facilities in the quarter! The company has closed on $ 9 million of new growth financing and is located Silicon! Explore the full profile intends to expand its drone delivery services into the U.S. this year, beginning pilot... Zipline Medical was founded in Arlington, Tennessee, in 1950 information on acquisition,,... At $ 1.2 billion, CNBC has learned Amir Belson, M.D the third quarter of.... In Silicon Valley, with access to a wealth of expertise in Medical device research and development round $.