Solenic Medical is a medical device company that develops a non-invasive treatment for infected metallic implants in the body.
Solenic Medical, a medical device company that develops a non-invasive treatment for infected metallic implants in the body.The company leverages the properties of alternating magnetic fields (AMF) generated from external coils to eradicate biofilm on the surface of medical implants. This non-invasive treatment addresses a major complication of various surgeries, such as knee and hip replacements, as well as in trauma-related implants such as plates and rods. Its AMF technology has the potential to completely replace the very expensive and risky two-step revision surgical procedure, which is the current standard of care for chronic infections on medical implants.Rajiv Chopra and David Greenberg founded it in College Station, Texas in 2019.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Aug 1, 2020 | Grant | $1.30M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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National Institutes of Health | — | Grant |