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With millions of more Americans becoming insured under the Affordable Care Act, the demand for physicians is rapidly increasing. However, our nation will likely face a shortage of physicians and will need to devise solutions to combat this looming crisis.

Amedica signed a definitive agreement with institutional investors to raise up to $15 million in a concurrent registered direct offering of common stock and Series B warrants and private placement of Series A warrants and Series C warrants.

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