Friday, July 26, 2024
HomeFunding Lenoss Medical Secures Investment from Xcellerant Ventures

[Funding alert] Lenoss Medical Secures Investment from Xcellerant Ventures

Lenoss Medical Secures Investment from Xcellerant Ventures.The deal's total value was not made public.

Lenoss Medical Secures Investment from Xcellerant Ventures.The deal’s total value was not made public.

Read also – Turkey-based Getir Completes Acquisition of FreshDirect

With the funding, the business hopes to further the development and commercialization of OsteoPearl, a biological option for treating osteoporotic vertebral compression fractures that doctors can prescribe.

Read also – Webster Financial Corporation Acquire Ametros Financial Corp

Lenoss, under the leadership of CEO Dom Messerli, is developing the OsteoPearl VBA System, that utilises minimally invasive, cement-free technology along with healthy bone’s inherent healing abilities to provide a wholly biologic solution for stabilising spinal fractures.

About Lenoss Medical

Lenoss Medical, In vertebral body augmentation, a surgical tool is inserted into a broken vertebral body caused by osteoporosis or trauma. A device is inserted to fill the hollow and stabilise the fractured vertebrae once the cavity has been formed. A regenerative event takes place when a biologic is utilised to fill the void; new bone grows and the afflicted vertebrae gradually mend.

Read also – CA-based Distributional Secures $11m in Seed Funding

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular