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Medtech

Magloy Tech: Singapore Medtech Startup Founded by Manakari and Parande

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Forbes
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TL;DR

Magloy Tech, a Singaporean medtech startup founded by Manakari, Parande, and Professor Gupta, created OrthoMag, a biocompatible magnesium alloy bone implant. Designed to dissolve over time, OrthoMag eliminates the need for a second surgery to remove it, leading to reduced patient risk, with Magloy Tech also receiving funding from firms such as Origgin Ventures and Startup SG Tech.

Key takeaways

  • A Forbes article profiles Magloy Tech, a Singaporean medtech startup co-founded by Manakari, Parande, and their Ph
  • supervisor, Professor Manoj Gupta, from the National University of Singapore
  • Magloy Tech's primary innovation is OrthoMag, a biocompatible magnesium alloy bone implant designed to dissolve within the body over time
A Forbes article profiles Magloy Tech, a Singaporean medtech startup co-founded by Manakari, Parande, and their Ph.D. supervisor, Professor Manoj Gupta, from the National University of Singapore. Magloy Tech's primary innovation is OrthoMag, a biocompatible magnesium alloy bone implant designed to dissolve within the body over time. This novel technology potentially reduces patient risk and recovery time by eliminating the need for a secondary surgery typically required to remove conventional steel or titanium implants. The startup has secured funding from investors, including Origgin Ventures and Singapore's Startup SG Tech.

Related Topics

medtechSingaporestartupMagloy TechManakariParande

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