Shoulder Innovations Announces Closing of a $40 Million Convertible Notes Financing
Proceeds from the financing will be used primarily to support continued commercialization of Shoulder Innovations' advanced implant systems for anatomic total shoulder arthroplasty (aTSA) and reverse total shoulder arthroplasty (rTSA), as well as for new product development.
Shoulder Innovations' InSet™ Glenoid technology serves as the foundation for the company's aTSA and rTSA implant systems and includes a novel biomechanical design that aims to reduce stress at the bone implant interface, improve fixation mechanics, enhance stability, and reduce micromotion to specifically address glenoid loosening, a primary problem in shoulder arthroplasty. Both implant systems leverage consistent surgical techniques and the same efficient, two tray instrumentation system.
'Shoulder Innovations is transforming shoulder surgical care with a purpose-built ecosystem, designed to deliver predictable outcomes and procedural efficiency across all sites of care,' said Rob Ball, CEO of Shoulder Innovations. 'We appreciate the support with this investment and believe these proceeds will help us to advance our mission to redefine shoulder arthroplasty and enable best-in-class outcomes for shoulder specialists and their patients.'
About Shoulder Innovations:
Shoulder Innovations is a medical technology company exclusively focused on transforming the shoulder surgical care market, with a current offering of advanced implant systems for shoulder arthroplasty. These systems are a core element of Shoulder Innovations' ecosystem, which is designed to improve core components of shoulder surgical care – preoperative planning, implant design and procedural efficiency – to benefit each stakeholder in the care chain.
Shoulder Innovations' ecosystem is also comprised of enabling technologies, efficient instrument systems, specialized support and surgeon-to-surgeon collaboration. Together, these elements seek to address the long-standing clinical and operational challenges in the shoulder surgical care market by delivering predictable outcomes, procedural simplicity, and efficiency across all sites of care.
View original content to download multimedia: https://www.prnewswire.com/news-releases/shoulder-innovations-announces-closing-of-a-40-million-convertible-notes-financing-302509149.html
SOURCE Shoulder Innovations
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
an hour ago
- Business Upturn
Minda Corporation partners with Qualcomm to develop next-gen smart cockpit solutions for Indian automotive market
By Aditya Bhagchandani Published on July 23, 2025, 11:31 IST Minda Corporation Limited, the flagship company of Spark Minda Group, announced a strategic technology collaboration with Qualcomm Technologies, Inc. to design and develop advanced smart cockpit solutions for the Indian automotive sector. Under this partnership, Minda Corporation will build next-generation cockpit domain controllers powered by the Snapdragon® Cockpit Platform, part of Qualcomm's Digital Chassis™ solutions. These advanced platforms aim to enhance in-vehicle experiences with rich multimedia, AI-driven interfaces, cloud integration, and seamless vehicle connectivity, enabling software-defined vehicles (SDVs). Speaking on the collaboration, Suresh D., Group CTO of Minda Corporation, said: 'This partnership marks a significant milestone in our journey to deliver next-generation digital cockpit solutions. Leveraging Qualcomm's cutting-edge automotive platforms allows us to offer intuitive human-machine interfaces, multi-display integration, and software-defined cockpit architectures built on Android and QNX. It aligns with our vision of delivering intelligent, connected, and user-centric experiences for OEMs and end-users.' Savi Soin, Senior Vice President and India President of Qualcomm Technologies, added: 'We are excited to collaborate with Spark Minda to deliver advanced, localized cockpit solutions tailored to India's evolving automotive landscape using our Snapdragon Cockpit Platform. Together, we aim to redefine the in-vehicle experience for Indian consumers.' These solutions are expected to bring premium features such as responsive displays, immersive audio, and enhanced cloud and AI integration to vehicles in India, while meeting the growing demand for connectivity and personalization. Minda Corporation is a leading automotive component manufacturer with a strong presence in India and abroad, offering products across mechatronics, connected systems, plastics, and interiors for 2-wheelers, passenger vehicles, and commercial vehicles. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Yahoo
2 hours ago
- Yahoo
Business Optimism Index for Q3 2025 declines, but sub-indices indicate resilience in the domestic economy
The Dun & Bradstreet Business Optimism Index reduced by 2.3% (q-o-q) for Q3 2025 MUMBAI, India, July 23, 2025 /PRNewswire/ -- Dun & Bradstreet, a global leader in business decisioning data and analytics, released the Business Optimism Index (BOI) for Q3 2025, which declined to 117—marking a 2.3% decline over the previous quarter. The modest decline was driven by a fall in optimism in the large and the medium sized firms, while small firms showed resilience. The moderation in sentiment stems largely from global economic uncertainty, prompting businesses to take a measured approach. However, the domestic outlook remains strong, supported by improving macroeconomic conditions. A marginal decline in selling volume q-o-q suggests businesses are skeptic about evolving demand conditions. The decline may reflect a dip in optimism around export orders, which had risen sharply in the previous quarter due to frontloading ahead of anticipated tariff announcements. In contrast, sentiment around domestic orders remained strong. The decline in optimism regarding selling prices likely reflects the subdued inflationary pressures in the economy. Overall, the survey indicates that firms are navigating the current landscape with measured confidence, balancing global risks with robust domestic opportunities. The Dun & Bradstreet Business Optimism Index, which has been tracking the changing business sentiment of India Inc. since 2002, continues to serve as a reliable leading indicator of India's economic growth, maintaining a strong correlation of approximately 80% with the Gross Domestic Product (GDP). Arun Singh, Global Chief Economist, Dun & Bradstreet, said, "While the Q3 2025 decline in the Dun & Bradstreet Business Optimism Index reflects a degree of caution among larger firms, the underlying resilience of the domestic economy stands out. Strong consumption fundamentals, rising investment activity, and targeted policy are lending support to business confidence, particularly among small businesses. The uptick in optimism around the domestic macroeconomic environment, despite global headwinds, signals trust in India's domestic growth momentum. As trade policy uncertainty clouds global demand, businesses are looking inward, with over half prioritizing the domestic market for future growth. Going forward, the recently signed India–UK Free Trade Agreement is expected to open new avenues for market access, improving trade through supply chain diversification. These developments are likely to boost business sentiment by enhancing export opportunities and driving innovation. Together, stronger external competitiveness and domestic market strength can sustain optimism and help Indian businesses navigate global volatility with greater confidence." Key findings from the Q3 2025 survey The optimism for sales volume decreased by 1 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The food, beverages, metals, and transportation sectors are the most optimistic, while construction and information & communication sectors show lower optimism. The optimism for domestic orders rose by 3 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The electricals, electronics, mining, textiles and leather sectors remain the most optimistic, while financial and insurance activities and automotive sectors report the lowest optimism. The optimism for export orders fell by 1 percentage points in Q3 2025 compared to the previous quarter Q2 2025. Electronics, metals, textile and leather sectors lead optimism, while financial and insurance activities and automotive sectors remain least optimistic. The optimism for selling prices fell by 11 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The metals, hospitality, and food and beverages sectors show the highest optimism, while electronics and automotive sectors report lower confidence. The optimism for net profit fell by 4 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The financial and insurance, construction, and hospitality sectors are the most optimistic, while electronics, automotive, and capital goods sectors show lower optimism. The optimism for the global macroeconomic environment fell by 5 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The chemicals sector, along with utilities and professional and administrative services, remain most optimistic, while automotive and hospitality sectors show lower confidence. The optimism for employment fell by 15 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The hospitality, food & beverages, and textiles sectors exhibit high optimism, while automotive, transportation, and capital goods sectors show lower optimism. The optimism for the domestic macroeconomic environment increased by 8 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The information & communication, financial services, wholesale & retail trade, and transportation sectors show the highest confidence, while hospitality and capital goods sectors are least optimistic. The optimism for input costs fell by 1 percentage points in Q3 2025 compared to the previous quarter Q2 2025. The metals, food and beverages sectors show higher optimism, while information & communication and financial services sectors report lower optimism. The optimism for inventory levels saw an increase of 10 percentage points in Q3 2025 compared to the previous quarter Q2 2025. Mining and automotive sectors are the most optimistic, while metals and food and beverages sectors report the lowest optimism. Notes to Editors The Dun & Bradstreet Business Optimism Index (BOI) is a quarterly survey-based index designed to measure the pulse of the Indian business community and has served as a reliable indicator of the economy. Dun & Bradstreet surveys respondents (senior management) pan India across the Manufacturing and Services sectors, covering businesses of varying scale (large, medium and small) to calculate the BOI. Respondents are asked about their expectations (in terms of increase, decrease, or no change) regarding their company's performance (Ten BOI Parameters) in the ensuing quarter over the same quarter in the previous year. About Dun & Bradstreet: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. For more information on Dun & Bradstreet, please visit Dun & Bradstreet Information Services India Private Limited is headquartered in Mumbai and provides clients with data-driven products and technology-driven platforms to help them take faster and more accurate decisions in domains of finance, risk, compliance, information technology and marketing. Working towards Government of India's vision of creating an Atmanirbhar Bharat (Self-Reliant India) by supporting the Make in India initiative, Dun & Bradstreet India has a special focus on helping entrepreneurs enhance their visibility, increase their credibility, expand access to global markets, and identify potential customers & suppliers, while managing risk and opportunity. India is also the home to Dun & Bradstreet Technology & Corporate Services LLP, which is the Global Capabilities Center (GCC) of Dun & Bradstreet supporting global technology delivery using cutting-edge technology. Located at Hyderabad, the GCC has a highly skilled workforce of over 500 employees, and focuses on enhanced productivity, economies of scale, consistent delivery processes and lower operating expenses. Visit for more information. Click here for all Dun & Bradstreet India press releases. Photo: View original content to download multimedia:
Yahoo
2 hours ago
- Yahoo
'The Laws of LinkedIn': Unlocks psychology-driven growth to build influence, attract clients & grow income on the world's #1 professional platform
Now an Amazon #1 Bestseller — Cullen P. Haynes reveals 23 psychology-based laws that transformed his LinkedIn presence into a client-generating influence engine. SYDNEY, July 23, 2025 /PRNewswire-PRWeb/ -- Australia's #1 finance broker for lawyers, Cullen P. Haynes, makes his publishing debut with "The Laws of LinkedIn" (published by Balboa Press AU) — a high-impact guide for professionals ready to turn their LinkedIn presence into a pipeline for influence, clients, and income. Inspired by Haynes' journey from zero connections to becoming Australia's #1 finance broker for lawyers, "The Laws of LinkedIn" distills years of personal success into 23 actionable laws that are rooted in human psychology and tested by real-world success. Each law is designed to help professionals, entrepreneurs, and business owners leverage LinkedIn to create authentic engagement, elevate personal branding, and monetize their presence with confidence From enhancing visibility to building a loyal digital tribe and generating qualified leads, this book helps readers understand what truly drives results on the world's most powerful professional networking platform. "In an increasingly digital and competitive world, standing out and building an authentic online presence is more important than ever," Haynes states. "Unlike other LinkedIn guides that offer generic tips, this book provides specific laws and strategies that readers can implement right away. When you implement these laws, your LinkedIn presence will transform from a bland, two-dimensional resume into a dynamic, value-driven influence engine that helps you stand above your competition." As remote work, online visibility, and personal branding redefine how we build careers, "The Laws of LinkedIn" is the timely roadmap professionals need to expand their reach and income. Whether starting out or scaling up, these laws will help readers build real traction where it counts. Visit Amazon ( and Balboa Press ( to purchase a copy. "The Laws of LinkedIn" By Cullen P. Haynes Softcover | 6 x 9in | 274 pages | ISBN 9798765201077 E-Book | 274 pages | ISBN 9798765200858 Available at Amazon and Barnes & Noble About the Author Cullen P. Haynes is Australia's top finance broker on LinkedIn, specializing in serving legal professionals. With years of experience managing an award-winning brokerage, Legal Home Loans, he has built a top-tier reputation in the industry. His mastery of digital networking and human psychology has helped him create authentic connections and achieve significant business results. He leads both professional and business life with one guiding philosophy: "Leave everyone you meeting better than you found them." Balboa Press Australia is a division of Hay House, Inc., a leading provider in publishing products that specialise in self-help and the mind, body and spirit genre. Through an alliance with the worldwide self-publishing leader Author Solutions, LLC, authors benefit from the leadership of Hay House Publishing and the speed-to-market advantages of the Author Solutions self-publishing model. For more information or to start publishing today, visit or call 1-800-844-925. Media Contact Marketing Services, BalboaPressAU, 1-800-844-925, pressreleases@ View original content to download multimedia: SOURCE BalboaPressAU Sign in to access your portfolio
