T
Tepha
Medical device firm developing and commercializing a new class of absorbable biomaterials to be used in surgical procedures
About Tepha
Tepha, Inc., established in 1998 and headquartered in Lexington, MA, operates as a developer and manufacturer of medical devices focused on the biomaterials market. The company was founded by Dr. A. Anthony Sinskey and originated as a spin-off from Metabolix, Inc., holding exclusive licenses for technology initially developed at the Massachusetts Institute of Technology (MIT). In July 2021, the firm was acquired by Becton, Dickinson and Company (BD), a global medical technology company, marking a strategic move for BD to vertically integrate a key supply chain component and expand its capabilities in the surgical mesh market.
Tepha's core business revolves around its proprietary resorbable polymer, Poly-4-hydroxybutyrate (P4HB), which is produced via a patented recombinant DNA technology and fermentation process. This technology allows for the creation of a portfolio of bioabsorbable medical devices with tailored mechanical properties and degradation rates to support the body's natural healing process. The business model is centered on developing, manufacturing, and supplying these P4HB-based products, both directly and through partnerships with other medical device companies. Its clients are primarily in the medical field, including surgeons and hospitals that perform soft tissue repair, reconstruction, and regeneration procedures.
The company's product portfolio is extensive, featuring devices for various surgical applications. A cornerstone product is the TephaFLEX Absorbable Suture, which received its first FDA clearance in 2007. Other commercial products include surgical meshes, films, and scaffolds designed for hernia repair, plastic and reconstructive surgery, and orthopedic soft tissue repair. The GalaFLEX portfolio, for instance, consists of bioresorbable scaffolds used for soft tissue support in procedures requiring reinforcement. The defining feature of Tepha's P4HB products is their combination of strength, flexibility, and biocompatibility, offering prolonged strength retention while being safely absorbed by the body. This positions them as a compelling alternative to other commercially available resorbable polymers, as they have been shown to be less inflammatory.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1998
- Headquarters
- Lexington, United States
- Employees
- 12
- Open positions
- None listed
- Dealroom signal
- 29.4/100
- Industry
- Health
- Sub-industry
- BioTechnology, Medical Devices
- Sector
- Biotech & Life Sciences, Biotechnology, Biomaterials, Biotech and Pharma, Hard Tech, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jul 2021 | $0 | — | BD | — |
| DEBTDebt | Jan 2020 | $25M | — | Armentum Partners | — |
Growth signals
Latest recorded traffic for Tepha is 210 monthly website visits, down 8.7% over the last three months. Tepha's team declined 72.1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Yield10 Bioscience
Novartis Venture Fund- WMWestfield Capital Management
- IVIntegra Ventures
The Vertical Group
Series B and later1 investor entered at this stage
Armentum Partners
Other known investors2 additional known investors
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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