Friday, June 5, 2009

Alphatec Spine Gains $10M In PIPE

Carlsbad-based Alphatec Holdings, the parent firm of medical device firm Alphatec Spine, announced Friday that the firm has raised $10M in a private placement. According to the company, the funding came from Healthpoint Capital Partners II, L.P. The firm said the funding would go towards general working capital purposes. Thomas Weisel Partners was the placement agent in the round.