Medical Magnesium Overview
- Year Founded
-
2015
- Status
-
Acquired/Merged
- Employees
-
15
- Latest Deal Type
-
M&A
Medical Magnesium General Information
Description
Developer of bioabsorbable implant technology designed to replace traditional surgical implants. The company develops magnesium implants that provide stabilized fracture healing before they dissolve and release nutrients to regrow the natural bone structure, enabling surgeons and clinics to improve patient care and recovery.
Contact Information
Website
www.medical-magnesium.com(Operating Subsidiary)
Corporate Office
- Philipsstraße 8
- 52068 Aachen
- Germany
Corporate Office
- Philipsstraße 8
- 52068 Aachen
- Germany
Medical Magnesium Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 24-Oct-2024 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 5. Accelerator/Incubator | 17-Feb-2022 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 3. Angel (individual) | 01-Jul-2017 | Completed | Startup | |||
| 2. Grant | 08-Apr-2017 | $708K | Completed | Startup | ||
| 1. Grant | Completed | Startup |
Medical Magnesium Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Medical Magnesium Patents
Medical Magnesium Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| DE-102022106581-A1 | Osteosynthesis system with bone plate and bone anchor made of magnesium alloys | Active | 21-Mar-2022 | ||
| DE-102022106581-B4 | Osteosynthesis system with bone plate and bone anchor made of magnesium alloys | Active | 21-Mar-2022 | ||
| EP-4496524-A1 | Osteosynthesis system with bone plate and bone anchor made of magnesium alloys | Pending | 21-Mar-2022 | ||
| US-20250152785-A1 | Osteosynthesis system with bone plate and bone anchor made of magnesium alloys | Pending | 21-Mar-2022 | ||
| WO-2023180076-A1 | Osteosynthesis system with bone plate and bone anchor made of magnesium alloys | Inactive | 21-Mar-2022 | A61L31/022 |
Medical Magnesium Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Medical Magnesium Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bundesministerium für Wirtschaft und Klimaschutz | Government | |||
| EIT Health | Accelerator/Incubator | Minority | ||
| Elevate Capital | Venture Capital | Minority | ||
| German Accelerator | Accelerator/Incubator | |||
| Houston Angel Network | Angel Group | Minority |
Medical Magnesium FAQs
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When was Medical Magnesium founded?
Medical Magnesium was founded in 2015.
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Where is Medical Magnesium headquartered?
Medical Magnesium is headquartered in Aachen, Germany.
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What is the size of Medical Magnesium?
Medical Magnesium has 15 total employees.
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What industry is Medical Magnesium in?
Medical Magnesium’s primary industry is Therapeutic Devices.
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Is Medical Magnesium a private or public company?
Medical Magnesium is a Private company.
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What is Medical Magnesium’s current revenue?
The current revenue for Medical Magnesium is .
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How much funding has Medical Magnesium raised over time?
Medical Magnesium has raised $200K.
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Who are Medical Magnesium’s investors?
Bundesministerium für Wirtschaft und Klimaschutz, EIT Health, Elevate Capital, German Accelerator, and Houston Angel Network are 5 of 7 investors who have invested in Medical Magnesium.
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When was Medical Magnesium acquired?
Medical Magnesium was acquired on 24-Oct-2024.
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Who acquired Medical Magnesium?
Medical Magnesium was acquired by KLS Martin.
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