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NovoSource provides lowest total cost, stable-technology orthopedic implants that enable significant customer savings

  • Stage $1M in TTM Revenue
  • Industry Medical Devices and Equipment
  • Location Dayton, OH, USA
  • Currency USD
  • Founded April 2012
  • Employees 12
  • Website

Company Summary

NovoSource provides value-priced orthopedic systems. Leveraging stable-technology products and existing distribution channels created an immediately revenue-generating business model. Our 1st knee launched 2Q13 ($1.5MM in 2013 sales). Now raising capital to launch 2 additional knees (already FDA-cleared), and have a hip in with FDA. Our pricing and unique/aligned service model are a perfect fit with healthcare market trends and cost pressures.


  • Executive/consultant with 25 years in medtech general management, development, commercialization, operations, and strategy including a VP/Corporate Officer role at Roche and CEO roles at 3 early-stage medtech companies.

  • 1cb1e882 5a8f 433f a74a 4bcf7a1217a3
    Chairman/CEO, Co-Founder

    Involved in the ortho industry for 34 years via Leis Medical as it grew into IMDS, which he chaired. He is intimately familiar with the processes of developing and making orthopedic implants and has a deep understanding of the market dynamics.

  • E3e88db2 2de4 4892 88a0 4d9af9f4b32e
    VP Quality and Regulatory

    25 years in Quality Assurance/Quality Management, including 12 years in orthopedic medical device Quality Management, both at contract manufacturers and OEMs.

  • 8 years of orthopedic sales and distribution management with a $20MM distributor, founder of Epic Extremity, former professional athlete, Pittsburgh Pirates Baseball Club.

  • 9b515a31 f812 4a25 97a2 ec0842668fec
    VP Business Development

    20+ years of orthopedic experience with 3 of the top 5 Ortho companies in the world, where he held management positions and participated in several national product launches of total knee, hip, upper extremity, and trauma product lines.


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    Brennan, Manna, & Diamond
    CMS compliance law
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    Battelle Rippe Kingston LLP
    3c161625 5c0d 4360 9966 c6c93e97037a
    Chief Medical Adviser

Previous Investors

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    Dayton Regional Signature Fund I