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ZipLine Medical also announced that it closed a Series “B” funding round for $5 million in the third quarter of 2011. Provider of drone delivery service designed to instantly deliver medications to health facilities. Information on acquisition, funding, investors, and executives for ZipLine (NPCA). ZipLine Medical, Inc. develops and commercializes wound closure technology. An example of this is Zipline, an on-demand drone-delivery company that uses aviation technology to distribute medical supplies to healthcare workers in Africa and all over the world. Wright Medical was founded in Arlington, Tennessee, in 1950. Zipline General Information Description. and is located in Silicon Valley, with access to a wealth of expertise in medical device research and development . The acquisition complements Stryker's spine business and will make K2M CEO Eric Major president of the division when the deal closes, which is expected in the fourth quarter of this year. Funding History. Zipline, a drone-delivery start-up, is now valued at $1.2 billion, CNBC has learned. Synergetics is a Missouri-based medical device company, from which Stryker has made previous acquisitions. Zipline Medical has announced that the company has closed on $9 million of new growth financing. Organized in 1993, M.A.C. ZipLine Medical was founded in 2009 by Amir Belson, M.D. According to the company, “Proceeds from the financing will be used to continue worldwide commercialization activities for its Zip Surgical Skin Closure products, and support the launches of ZipStitch, an over-the-counter laceration closure device, and PreLoc Wound Closure for chronic … Use the PitchBook Platform to explore the full profile. Medical Acquisition Company, Inc., or M.A.C., is a lien management and medical funding company specializing in third-party liability tort cases such as personal injury, premises liability, and product liability claims. The company's drone-delivery service offers delivering vaccines, medicine, blood and medical supplies to hospitals and health centers, enabling remote consumers to access essential medical products. ZipLine Medical touted a pair of studies highlighting the positives of its noninvasive Zip surgical skin closure device as an alternative to traditional staples.. The company delivers medical supplies, including blood, rabies vaccines and antivenom, to … Zipline intends to expand its drone delivery services into the U.S. this year, beginning with pilot programs in North Carolina. December 2009: $1.0M: April 2012: $5.0M: January 2014: $4.3M: October … Executives for zipline ( NPCA ) to expand its drone delivery service designed to deliver. Delivery services into the U.S. this year, beginning with pilot programs in North Carolina on acquisition,,... Also announced that the company has closed on $ 9 million of new financing. 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