ZSX Medical has developed the Zip-Stitch Surgical Closure System, a bioabsorbable suture alternative designed to close wounds from laparoscopic hysterectomies to speed healing and improve outcomes. The company aims to bring its lead device into the clinic, with the recently raised funds earmarked to support those efforts. ZSX is based in King of Prussia, Pennsylvania, and is an early-stage medical device company focused on women’s health. The firm has worked with local partners on product development: Definitive Design built prototypes, Kensey Nash is serving as a contract manufacturer for clip components, and Cargill BioEngineering provided design analysis. The company’s product development coincides with a broader shift toward laparoscopic hysterectomies, which have increased substantially over the past decade. Financially, ZSX has closed its first financing to advance clinical progress.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

May 2013