Medical Magnesium

About:

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

Website: http://www.medical-magnesium.com/en/

Top Investors: Rice University, VentureOut, Elevate Capital, TiE Angels

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.

Total Funding Amount:

$700000

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Aachen, Nordrhein-Westfalen, Germany

Founded Date:

2015-01-01

Contact Email:

info(AT)medical-magnesium.com

Founders:

Florian Coppers, Kilian Reuß

Number of Employees:

11-50

Last Funding Date:

2017-04-28

IPO Status:

Private

Industries:

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