GERMANY - HTGF and Life Science Fonds Esslingen invest in Amedrix
High-Tech Gruenderfonds and Life Science Fonds Esslingen have jointly invested a total of EUR 700,000 in the medical implants developer Amedrix GmbH.
The new funds enable the company to undertake the necessary steps to get approval for the first products and to build up its own production. Amedrix expects to launch its first products later in the year.
Esslingen-based Amendrix develops and produces acellular implants based on a collagen type I matrix as medical devices for human and veterinarian purposes.
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