Magnesium Development Company LLC

Pioneering resorbable metal technology for superior sports medicine solutions.

General Information
Company Name
Magnesium Development Company LLC
Founded Year
2014
Location (Offices)
+1
Founders / Decision Makers
Number of Employees
2
Industries
Medical Devices
Funding Stage
Series A
Social Media

Magnesium Development Company LLC - Company Profile

Magnesium Development Company LLC is a medical devices startup specializing in creating innovative medical devices from a novel resorbable metal alloy, delivering the strength and handling advantages of metal while ensuring full absorption. The company's focus is on providing superior solutions in sports medicine orthopedics, addressing persistent issues such as incomplete resorption, loose fragments, cyst formation, and mechanical failures in current surgical materials.

Founded in 2014, Magnesium Development Company, LLC aims to revolutionize the treatment of soft tissue injuries in areas such as knees, shoulders, and lower extremities. With the rising frequency of sports-related injuries, the need for effective solutions becomes increasingly crucial, driven by the expectations for a swift return to activity. The company's approach focuses on enhancing natural absorption, offering the promise of smoother recovery and potential for stimulating bone growth, ultimately facilitating a quicker resumption of normal activities and lifestyle.

The company attracted a Series A investment on 11th March 2019 from Cultivate(MD), highlighting the confidence of investors in the potential of their innovative resorbable metal technology. This investment signifies a recognition of the pivotal role that Magnesium Development Company, LLC can play in revolutionizing sports medicine solutions and addressing the shortcomings of current surgical materials.

Taxonomy: resorbable metal technology, sports medicine, orthopedics, surgical materials, soft tissue injuries, resorbable metal alloy, bone growth, patient recovery, surgical repair, metal alloy technology, orthopedic devices, sports-related injuries, implantable devices

Funding Rounds & Investors of Magnesium Development Company LLC (2)

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Funding Stage Amount No. Investors Investors Date
Series A Unknown 1 11 Mar 2019
Seed Round $1.00M 2 21 Mar 2016

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