Bone Well being Applied sciences Raises $5 Million for Osteopenia Care –

Bone Well being Applied sciences Raises $5 Million for Osteopenia Care –

What it’s best to know:

  • Bone Well being Applied sciences (BHT), a well being know-how innovator growing breakthrough non-invasive options for bone well being, right this moment introduced that the corporate has raised a brand new spherical of $5 million in funding from main funding corporations together with Esplanade Ventures , Berkeley Catalyst Fund and strategic funding firms. investor and main international medical know-how supplier Terumo Medical. Ella Seitz of Esplanade Ventures and Yushin Yazaki of Terumo had been appointed as board observers.
  • This inflow of capital marks a pivotal second in BHT's mission to reshape the bone well being of postmenopausal girls, closing simply in time for de novo FDA approval. The funding will assist the ultimate levels of growth of BHT's flagship Osteoboost vibration wearable, which is predicted to launch later this 12 months.

Osteoboost: the way forward for bone well being administration

Osteoboost, a wearable sensible system worn as a hip belt, has been clinically proven to guard postmenopausal girls in opposition to the decline in bone density that sometimes accompanies menopause and growing old. By utilizing exact vibrations, Osteoboost prompts the physique's pure bone regeneration course of, lowering the possibility of people progressing from osteopenia to osteoporosis. In research, Osteoboost not solely considerably slowed bone density loss, but in addition boasted a formidable compliance price of over 80%, with no critical unintended effects reported.

At the moment, greater than 64 million individuals within the US wrestle with osteopenia and osteoporosis. Osteoboost stands out because the premier non-pharmacological, FDA-approved prescription drug tailor-made to this profitable $30 billion market. BHT is at the moment finalizing manufacturing and distribution logistics for the upcoming public launch of Osteoboost, anticipated later this 12 months. These fascinated about following the progress of the launch, together with sufferers and healthcare professionals, are inspired to enroll in a notification listing.

“Bringing a breakthrough, de novo, prescription medical system to market is a difficult path that requires endurance and perseverance,” stated Laura Yecies, CEO of Bone Well being Applied sciences. “We selected to validate the science behind Osteoboost by a rigorous scientific trial in order that postmenopausal girls and their medical doctors might believe in our knowledge. FDA approval was the final main exterior hurdle, and now our focus shifts to launch later this 12 months. We’re grateful for our first traders who believed in our imaginative and prescient, and for our new traders who leveraged the scientific knowledge and acknowledged the affect we will have for girls world wide.”

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