Invivo Therapeutics (NVIV)

Overall impact
B (73)

Commentary

Invivo Therapeutics is a strong overall performer. With a 'B' rating of 72.7 for overall impact (86th percentile compared to all companies), Invivo Therapeutics ranks 205th out of 585 industry peers, behind Biogen, Amgen, Regeneron Pharmaceuticals and 201 others, and ahead of Grifols, Ionis Pharmaceuticals, Gilead Sciences and 377 others. On top material causes for Invivo Therapeutics's industry (Pharmaceuticals & Biotech), Invivo Therapeutics performs well in Child and Maternal Health (95.0 score), Child and Maternal Health (95.4), Accountable Institutions (88.3) and 5 other causes where it received an 'A' score and performs poorly in Reduced Green House Gas Emissions (35.7 score).
Impact
Cause NVIV
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Company
Founded
2005
Employees
6
Sector
Health Care
Industry
Biotechnology
Sub-industry
Biotechnology
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Ma, United States
Share classes
NVIV
Description
InVivo Therapeutics Holdings Corp. operates as a research and clinical-stage biomaterials and biotechnology company in the United States. The company engages in developing and commercializing biopolymer scaffolding devices for the treatment of spinal cord injuries (SCI). It is developing a Neuro-Spinal Scaffold implant comprised of biocompatible and bioresorbable polymers, which includes Poly lactic-co-glycolic acid, a polymer that is widely used in resorbable sutures and provides the biocompatible support for the Neuro-Spinal Scaffold implant. Additionally, it utilizes Poly-L-Lysine, a positively charged polymer used to coat surfaces to promote cellular attachment. The company was incorporated in 2003 and is headquartered in Cambridge, Massachusetts. On February 1, 2024, InVivo Therapeutics Holdings Corp. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. It is in joint administration with InVivo Therapeutics Corporation.
Material causes
Ethos considers the following causes material for Invivo Therapeutics, based on its industry sub-industry Biotechnology. Learn more about material causes in our methodology overview.

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