Medical Magnesium

Medical Magnesium develops metallic bioabsorbable implants for orthopaedic and trauma surgical operative therapy.

Business Model:

Revenue: $0

Employees: 11-50

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Detailed Medical Magnesium Information

Geographic Data

Medical Magnesium headquarters map

Address:

City: Aachen

State: Nordrhein-Westfalen

Zip:

Country: Germany

Financial Info

Stage:

seed

Raised Last:

$700k

Raised Total:

$700k

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0Website Global Rank

0Website Monthly Traffic

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Description

Medical Magnesium develops metallic bioabsorbable implants for orthopedic and trauma surgery. The implants are mechanically stable and physiologically degradable after fracture healing. Our goal is to offer surgeons and patients tailor-made, highly functional magnesium-based solutions. We want to contribute to the next generation of implants, which make more and more single-surgery therapies possible. Metal removal is no longer necessary using innovative bioabsorbable implants. As a startup from RWTH Aachen University, we bring results from interdisciplinary research in engineering and medicine into surgical practice. The material technology has been developed and extensively tested as the basis for first implant products.

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Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
4/2017 Seed Round 3 $700k Elevate Capital
Rice University
TiE Angels
Elevate Capital
Rice University
TiE Angels
Announced Date Name Price

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