Home >> Professional Blog

Petit Raises $5 Million to Expand MiMedx

Healthcare industry heavyweight and life sciences research benefactor Pete Petit has raised $5 million to help finance a corporate expansion of MiMedx Group Inc.

Located in Kennesaw, Georgia MiMedx expects to add over 100 jobs, double their manufacturing capacity, and take an additional 20,000 square feet of production space.

MiMedx manufactures regenerative biomaterials and bioimplants processed from human amniotic membrane, for use in soft tissue trauma, burn healing, sports medicine and wound care.

MiMedx holds exclusive rights to 8 issued and 33 pending patent applications and is led by Pete Petit as Chairman, President and CEO.

  Read the full article