SetBone Medical
Date | Investors | Amount | Round |
---|---|---|---|
* | $1.6m | Seed | |
Total Funding | $1.6m |
Recent News about SetBone Medical
EditSetBone Medical is pioneering the development of a novel bone cement specifically designed for the treatment of Vertebral Compression Fractures (VCF), which are predominantly caused by osteoporosis. The company aims to address the limitations of existing bone cements and provide a safer and more efficient solution for physicians.
SetBone Medical operates in the healthcare and medical devices market, targeting healthcare providers, particularly those specializing in orthopedics and radiology. The business model revolves around the research, development, and commercialization of advanced bone cement products. Revenue is generated through the sale of these specialized cements to hospitals, clinics, and medical practitioners involved in the treatment of VCFs.
The market opportunity is substantial, with osteoporosis leading to approximately 1.5 million fractures annually in the United States alone, half of which are VCFs. Traditional treatments like medication and physical therapy often fall short, making minimally invasive procedures such as vertebroplasty and kyphoplasty, which utilize bone cement, essential. SetBone's innovative approach aims to improve patient outcomes and procedural efficiency.
Keywords: bone cement, vertebral compression fractures, osteoporosis, vertebroplasty, kyphoplasty, medical devices, healthcare, orthopedics, radiology, minimally invasive.