Provider of drone delivery service designed to instantly deliver medications to health facilities. Organized in 1993, M.A.C. ZipLine Medical also announced that it closed a Series “B” funding round for $5 million in the third quarter of 2011. Use the PitchBook Platform to explore the full profile. 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, a drone-delivery start-up, is now valued at $1.2 billion, CNBC has learned. and is located in Silicon Valley, with access to a wealth of expertise in medical device research and development . ZipLine Medical touted a pair of studies highlighting the positives of its noninvasive Zip surgical skin closure device as an alternative to traditional staples.. 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 … ZipLine Medical was founded in 2009 by Amir Belson, M.D. Information on acquisition, funding, investors, and executives for ZipLine (NPCA). Zipline General Information Description. ZipLine Medical, Inc. develops and commercializes wound closure technology. The company delivers medical supplies, including blood, rabies vaccines and antivenom, to … Zipline Medical has announced that the company has closed on $9 million of new growth financing. 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. December 2009: $1.0M: April 2012: $5.0M: January 2014: $4.3M: October … Zipline intends to expand its drone delivery services into the U.S. this year, beginning with pilot programs in North Carolina. Synergetics is a Missouri-based medical device company, from which Stryker has made previous acquisitions. 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. Wright Medical was founded in Arlington, Tennessee, in 1950. 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. Funding History. Medical was founded in Arlington, Tennessee, in 1950, in 1950 device research and.! Of new growth financing now valued at $ 1.2 billion, CNBC has learned to expand drone. 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