Novosteo, test the efficacy of a new drug to help reduce complications from a broken bone due to a fall.
Novosteo, Inc. is a startup developing and delivering new drugs for the treatment of bone injury and diseases that impact patients' morbidity, mortality and loss of mobility and productivity associated with bone fractures, bone metastasis and infection. Scientific co-founders Stewart Low and Philip Low of Purdue University have created a proprietary chemistry approach to bone targeting and have discovered novel biologics that accelerate bone regeneration by delivering anabolic agents preferentially to fracture surfaces.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Sep 27, 2018 | Grant | $1.70M | 1 | National Institutes of Health | — | Detail |
Investor Name | Lead Investor | Funding Round |
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National Institutes of Health | Yes | Grant |