Dgimed Orthopedics Seeks $2M for Bone Fracture System

Minnetonka, Minn.-based Dgimed Orthopedics is looking to raise $2 million from the sale of equity and warrants of a nail and drill system, according to a Med City News report.

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Dgimed’s Distalock nail and drill system allows orthopedic surgeons to quickly and accurately insert locking screws used to stabilize rod-like implants in patients suffering from long bone fractures. The company said the technology can lower costs by speeding surgeries and reducing or eliminating the need for X-rays, according to the report.

Dgimed had raised $550,000 as of Monday.

Read the Med City News report on Dgimed’s bone fracture system sale.

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