// startup autopsy
OrthoScan
Mini C-arm imaging innovator acquired by Hologic after a decade of growth
acquisition gone wrongAcqui-hire
Fatal mistake: Operated in a niche medical imaging segment that was too small to support independent public company ambitions, making acquisition the only viable exit path.
Key Events Timeline
FOUNDING
OrthoScan founded in Scottsdale, Arizona, to develop compact mini C-arm fluoroscopy imaging systems for orthopedic and podiatric surgical use.
PRODUCT LAUNCH
OrthoScan receives FDA clearance and launches its first mini C-arm fluoroscopy system, gaining adoption in orthopedic surgical suites.
FUNDING
Additional funding secured to expand sales force and accelerate market penetration among orthopedic and podiatric surgeons.
FUNDING
Final funding round completed, bringing total to $8.325M; company explores strategic partnership and acquisition opportunities.
SHUTDOWN
Hologic acquires OrthoScan, integrating its mini C-arm technology into Hologic's medical imaging division and ending 11 years of independent operation.