This move is a huge positive for KICVentures and AxioMed. Consolidating our talent and technologies will help us streamline our quality processes and improve our efficiency.
Boston, MA (PRWEB) December 05, 2015
KICVentures (http://kicventures.com) announced today that plans are underway to move its portfolio company AxioMed®, LLC from Cleveland, OH to KICVentures’ headquarter offices at 350 Main St. in Malden, MA.
M&K Engineering, a close partner of KICVentures and its portfolio company SpineFrontier®, will house all of AxioMed’s production and manufacturing equipment, including their clean room in Woburn, MA.
“This move is a huge positive for KICVentures and AxioMed,” said AxioMed President, Jake Lubinski. “Consolidating our talent and technologies will help us streamline our quality processes and improve our efficiency.”
M&K Engineering specializes in both the aerospace and medical industries, and is forging new territory in wedding the precision manufacturing methods of aerospace instruments to the manufacturing of spine fusion and motion preservation technologies. M&K Engineering has partnered with SpineFrontier to provide a comprehensive, one-stop shop, manufacturing facility for SpineFrontier’s implants and instruments. Dr. Kingsley R. Chin, CEO of SpineFrontier, and Keith Bernardo, President of M&K, have a shared vision for exceptional results in medical device manufacturing. Moving AxioMed into M&K’s facility is one more step towards this bold vision.
Mr. Lubinski has scheduled the move to be completed by the end of this year.
Founded in 2001, AxioMed (http://www.axiomed.com) began its journey of exhaustively proving the Freedom® Disc, a total disc replacement technology, through research, development and testing. In 2014, KICVentures recognized the disc’s enormous potential and acquired the company into their healthcare portfolio. AxioMed owns an exclusive viscoelastic material license on its proprietary Freedom Disc technology.
KICVentures (http://www.KICVentures.com) manages several portfolio companies, investing in disruptive technology in the health-tech sector. KICVentures acquires, creates, and nurtures companies and their technologies to their fullest potential.
About M&K Engineering
M&K Engineering (http://www.mkeng.com) is dedicated to providing precision machined components and assemblies. With a full range of CNC capabilities, M&K Engineering is a complete manufacturer of medical and aerospace components, from prototypes, to large volume and full turn-key assemblies. M&K prides itself on unparalleled quality backed by award winning customer service.