Moximed
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | N/A | Seed | |
N/A | $45.8m | Series A | |
$1.8m | Early VC | ||
$33.0m | Series B | ||
$12.6m | Series B | ||
$50.0m | Series C | ||
* | $20.0m Valuation: $250m | Series C | |
* | $20.0m | Debt | |
* | N/A | Late VC | |
* | $61.0m | Series D | |
Total Funding | AUD346m |
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Recent News about Moximed
EditMoximed is a medical technology startup that specializes in the development and distribution of the MISHA Knee System, an implantable shock absorber (ISA) for the knee. This innovative product is designed to alleviate pain and improve function for patients suffering from medial knee osteoarthritis (OA), a condition that causes pain and inflammation in the knee joint.
The company's primary clients are healthcare providers who treat patients with knee OA, particularly those who have not found relief from non-surgical or surgical treatments, continue to experience pain that interferes with daily activities, or are ineligible for or unwilling to undergo arthroplasty (joint replacement surgery) due to age or absence of advanced arthritis.
Moximed operates in the medical device market, a sector that is expected to grow as the global population ages and the prevalence of conditions like OA increases. The company's business model revolves around the sale of the MISHA Knee System to healthcare providers.
The MISHA Knee System is marketed as a quick and efficient solution for knee OA, offering patients a swift recovery time and the ability to return to normal activities within days. This positions Moximed as a provider of innovative, patient-centric solutions that not only improve the quality of life for patients but also enhance the practice of healthcare providers who incorporate the MISHA Knee System into their treatment offerings.
Keywords: Moximed, MISHA Knee System, Implantable Shock Absorber, Knee Osteoarthritis, Medical Technology, Healthcare Providers, Medical Device Market, Non-Surgical Treatment, Arthroplasty, Patient-Centric Solutions.