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Monday, June 30, 2008

NewSpring invests $5M in Core Essence Orthopaedics
  NewSpring Capital newspringcapital.com says it led a group that invested $5 million in Core Essence Orthopaedics, Inc., Yardley, which makes arthroscopic surgery devices for treating damaged limbs. Release here.
  NewSpring's Zev Scherl joins the Core Essence board. Core Essence is run by CEO Shawn Huxel and cofounders Alan Miller and Jeff Miller. The trio previously worked at New York-based Small Bone Innovations (SBi).
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About Joseph N. DiStefano
Joseph N. DiStefano writes this blog to feed his PhillyDeals column in the Philadelphia Inquirer. Joe has been a member of Bloomberg LP’s New York Finance Team, wrote the book “Comcasted,” taught writing at St. Joseph’s University, and studied economics and history at Penn. Reach Joe at 215-854-5194 and JoeD@phillynews.com
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