Orthopedic bone cement company nabs $1.6M in financing

SetBone Medical received a $1.6 million investment round to support the development of its orthopedic bone cement.

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SetBone Medical’s patent-pending cement does not have any toxic monomers and is designed to be ready for use out of the box, according to a Jan. 26 news release. Its first application is expected to be for vertebral compression fractures caused by osteoporosis.

Investors in this round include the Trendlines Group and Chicago ArchAngels.

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