KUOPIO, Finland, Aug. 20, 2024 /PRNewswire/ -- Bone Index Finland
Ltd, a pioneering company in medical technology, proudly announces
the completion of its latest financing round and a strategic
partnership with Lynx Financial (HK) Limited. This partnership aims
to enhance Bone Index's distribution and service capabilities in
North America and Asia Pacific.
The newly secured funds will bolster Bone Index's infrastructure
and operations, meeting the growing demand for its innovative bone
health diagnostics solutions in these key markets. The financing
round, led by Lynx Financial, participated by other European
financial investors and existing shareholders, highlights Bone
Index's commitment to further product offerings and services. Bone
Index core technology enables quick and accurate measurements of
bone health, in both early screening and hospital settings. The
company's product has achieved early commercialization and adoption
in Europe and the US. The
partnership with Lynx Financial is a major strategic decision for
Bone Index as the company to expand its product line and market
outreach.
Statements from Leadership
Janne Karjalainen, CEO of Bone
Index, expressed his enthusiasm for the strategic partnership and
financing round: "This investment and partnership with Lynx
Financial are pivotal steps in our growth journey. The funds will
significantly enhance our distribution and service capabilities in
North America and Asia Pacific, allowing us to bring our
state-of-the-art bone health diagnostics to a larger audience. We
are excited about the opportunities this collaboration brings and
are committed to delivering impactful health solutions
globally."
Tero Silvola, Chairman of the Board
of Bone Index, added: "We are thrilled to have Lynx Financial join
us as a partner. Their extensive experience in business
development, particularly in the healthcare sector, will be
invaluable as we expand our operations. Lynx's expertise and
strategic insights will significantly accelerate our growth and
help us achieve our vision.
Donald Xu, Managing Director of Lynx
Financial, commented: "We are excited about the potential of Bone
Index's innovative diagnostics technology. Bone Index's solution is
accurate and accessible and can democratize the way osteoporosis is
detected and diagnosed for consumers and patients. We believe Bone
Index is poised for significant growth and market penetration. We
are committed to supporting Bone Index to achieve its visions, in
Asia Pacific and globally.
About Bone Index
Bone Index Finland Oy is at the forefront of medical technology
innovation, dedicated to developing and commercializing advanced
bone health diagnostic solutions. The company's flagship product,
the Bindex® system, is a revolutionary point-of-care
device that provides accurate and rapid osteoporosis diagnostics.
Bindex® measures the cortical bone thickness of the
tibia, allowing for quick and reliable estimation of bone mineral
density at the hip. This portable, pocket-sized device has a 90%
accuracy rate, making it comparable to traditional DXA scans and
enabling early diagnosis and treatment of osteoporosis. In
addition, the technology has applications in various orthopedics
treatment settings. The device's ease of use and immediate
results significantly enhance patient care and reduce healthcare
costs.
About Lynx Financial
Lynx Financial is a boutique investment and investment banking
firm that specializes in Life Sciences and Medical Technology
sectors. With a global outreach and on-the-ground presence, Lynx
Financial fully leverages its expertise in deal structuring and
investments to help emerging innovative companies from around the
world gain access to funding and strategic resources in
Asia Pacific regions.
For more information:
Bone Index:
Janne Karjalainen, CEO
janne.karjalainen@boneindex.fi
+358 45 896 2650
Lynx Financial:
Rio Hong, Associate
rioh@lynx-financial.com
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