Flex Biomedical raises nearly $1 million and moves to WI
August 14, 2009 - Flex Biomedical, Inc., a privately-held orthopedics company focused on developing novel treatments and diagnostics for orthopedic diseases today announced it has raised $985,000 including a $150,000 Technology Venture Fund Loan from the state of Wisconsin. The company is moving its operations from Boston, MA to Madison, Wisconsin.

Wisconsin woos Boston-based biotech with VC funds, loan
August 13, 2009 - Score one for Wisconsin's biotech economic development team. Dangling close to a million dollars in new investment capital and a loan, the state hooked the Boston-based biotech Flex Biomedical, which will now move from the big biotech hub in Bean Town to Madison.

Governor Doyle Announces $150,000 Loan to Flex Biomedical, Inc.
August 12, 2009 - Governor Jim Doyle today announced that Flex Biomedical, Inc. will receive a $150,000 loan from the Technology Venture Fund in the Department of Commerce, aiding the company in its plans to relocate from Boston to Madison.

Biotech company raises venture capital, will move to Madison
Aug. 12, 2009 - Flex Biomedical Inc., a privately held company developing treatments for orthopedic diseases, said it has raised $985,000 in Wisconsin, including a $150,000 loan from the state's Technology Venture Fund, and will move its operations to Madison from Boston.

Boston orthopedic technology firm courts Wisconsin investors for possible move
January 22, 2009 - Former Wisconsin biotech executive Sal Braico, now CEO of the Boston-based Flex Biomedical, says his new company would move to Madison if it secures angel funding from Wisconsin investors.

BU Startup Flex Biomedical, Inc. Receives Launch Award
February 19, 2008 - Boston University's Office of Technology Development (OTD) today announced that Flex Biomedical, Inc. is the recipient of a $200,000 OTD Launch Award.

Biotech startup Flex Biomedical flexes BU with funding
February 11, 2008 - Boston University has hatched biotech startup Flex Biomedical Inc. to develop one of its professor's inventions for treating arthritic knees.

Osteoarthritis patient population will double by 2020 due to the overweight and aging population.