Medical Magnesium
Offering innovation in implant technology to surgeons to eliminate risk and cost.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 91 % | 29 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | 3 % | 2 % | - |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Medical Magnesium specializes in developing bioabsorbable metal implants for orthopedic and surgical applications. These implants are designed to be absorbed by the body over time, eliminating the need for a second surgery to remove them. The company serves surgeons and healthcare providers in the orthopedic and surgical markets. Its business model revolves around the research, development, and commercialization of these innovative implants. Revenue is generated through the sale of these implants to hospitals and surgical centers. The company operates in the medical technology sector, focusing on improving patient outcomes and reducing healthcare costs.
Keywords: bioabsorbable, implants, orthopedic, surgical, healthcare, innovation, patient outcomes, medical technology, resorbable, magnesium.