OMNIlife Science

Deerfield provided OMNIlife science, Inc. with $27.5mm of new capital. As a result of this financing, the company will be able to fund its commercial expansion, including the placement of its computer navigation and robotic equipment. The capital will also strengthen the company’s balance sheet through a combination of debt repayment and debt conversions. Given the increasing adoption of computer navigation and robotics in Orthopedics for total joint replacement procedures for improved outcomes, and OSI’s model of bundling its automation system with its implants for clinical sites, Deerfield believes that OSI is well positioned to achieve significant growth in this stable and growing market segment.