B-Temia Inc., a Quebec City (Canada)-based medical device manufacturer, closed a funding round of undisclosed amount.
Backers included a group of Canadian private investors and the Toronto-based private healthcare fund Epic Capital Management Inc. In addition to the funding, B-Temia has appointed Dr. Sanjeev Sharma, formerly the founding CEO of Wellpoint Health Services, to its Board of Directors.
The company intends to use the funds to extend product commercialization and seek US market approval.
Led by Mr. Stéphane Bédard, President and CEO, B-Temia operates through two wholly-owned subsidiaries, B-TEMIA Health Inc. and B-TEMIA Military Inc.
The company, which owns a patent-pending wearable dermoskeleton technology that restores, maintains or enhances the mobility of users, has developed Keeogo™ www.keeogo.com, a powered assistive walking device worn on the lower body that provides individuals with the leg power they need to walk more, better and keep on going throughout their day.
Keeogo is designed for individuals who have limited walking endurance or mobility issues resulting from muscle weakness, aging in general or due to a number of medical conditions including knee/hip osteoarthritis, multiple sclerosis and Parkinson’s disease.