Broecker Device Startup Gaining Traction

Posted: Updated:
Broecker says the company has been "operating mostly in virtual mode" so far. Broecker says the company has been "operating mostly in virtual mode" so far.
INDIANAPOLIS -

One of the biggest names in Indiana life sciences is finding success with a new startup. Indianapolis-based Zorion Medical Inc., which is developing medical device technology that absorbs in the body, has leased lab space and joined the Indiana Biosciences Research Institute's SPARK program. Founder David Broecker, who left his post as IBRI's CEO last year, says joining the program will give Zorion access to the institute's resources, including microscopy, 3-D printing and other equipment.

Broecker says most implant devices are made of metal and stay in the body permanently. With absorbable bio-metals, which he says are mostly made of magnesium, can be naturally absorbed. He says the SPARK program will allow Zorion to prototype, test and optimize the devices. The company hopes to begin testing in humans within 24 months.

Although the company has been "operating mostly in virtual mode" so far, Broecker says recent breakthroughs "have now given us the confidence to build capabilities that will enable us to move forward rapidly." Zorion is working with medical wire manufacturer Fort Wayne Metals on the product design.

Zorion Medical Program Director Mark Paquin says previous absorbable medical devices are polymer-based and can remain in the body for years. He says Zorion's products can safely absorb in months, which can avoid complications. The company's initial area of focus is peripheral vasuclar disease, which often requires permanent devices like stents.

Broecker says, with Indiana's orthopedics strength and available manufacturing partners like Fort Wayne Metals, "There really is no other place in the country that has that kind of concentration of expertise and capabilities."

  • Perspectives

    • How Well Are You Tracking Your Marketing?

      One of the first metrics business owners learn about is return on investment, or ROI. Earning the highest possible ROI is critical when running a business. You make investments with the expectation that you’ll have something to show for them. So how's the ROI on your investment in marketing and advertising? If you’re like most business owners, your answer is something like "I think it's pretty good" or "things seem to be working."

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Triple XXX Root Beer Appears in Prime Time

      A soft drink that carries the name of an iconic West Lafayette restaurant has been featured on a national television series. In a message on the Triple XXX Family Restaurant's Instagram page, co-owner Carrie Ehresman said the recent appearance of Triple XXX Root Beer on NBC's "Chicago Fire" was not product placement. She said the show's producers reached out through the restaurant's website and "we weren't sure we'd make the final cut until it aired!"

    • $13M Townhome Development Debuts in Carmel

      Indianapolis-based real estate developer Onyx and East has unveiled a $13 million luxury townhome development in Carmel. The Uptown at WestClay is set to hold its grand opening the first weekend in June.

    • Indy Dealership Owner Charged With Money Laundering

      An Indianapolis man is facing federal charges for allegedly laundering the proceeds of an international advance-fee scheme through his used car dealership. The U.S. Department of Justice says Tochukwu Nwosisi, the owner of Indyrides LLC, allegedly use the money for personal use and to purchase vehicles that were shipped to the scheme's perpetrators in Nigeria.

    • Despite Profit Increase, Shoe Carnival Predicts Store Closings

      Evansville-based Shoe Carnival Inc. (Nasdaq: SCVL) is reporting fiscal first quarter net income of $13 million, up from $8.2 million during the same period last year. Despite the increase, the company says it expects to close up to 25 stores throughout the fiscal year while adding three new locations.

    • Mecum Indy Auction Hits Record Sales

      The Mecum Auction's annual Original Spring Classic event at the Indiana State Fairgrounds set a record. The organization says overall sales grew 24 percent from the previous year, generating nearly $70 million. Mecum says 1,406 vehicles were sold at the auction with the highest-selling vehicle being a 2017 Ford GT that sold for $1.8 million.