Background
With extensive preclinical research at Lund University Moroxite AB was founded in 2020 based on nano and micro apatite technology platforms for targeted drug delivery with initial focus on tumour, bone infection and fragility fracture fixation. The intellectual property is protected by several applications in Europe and US.
Moroxite F AB
The fragility fracture fixation concept has been tested and proven in-vitro, in vivo and in osteoporotic human bone explants and is currently undergoing a feasibility study. The compelling research data obtained over the years and the ongoing research has created a strong basis for a focused path for enhancing fracture fixation in osteoporotic bone.
In December 2021, the Board of Moroxite AB decided to spin-off the fracture fixation area into an independent company Moroxite F AB.
Private placement
Moroxite F AB has raised capital 10 MSEK in a private placement on February 11, 2022 from two investors, Fåhraeus Startup & Growth and ALMI invest with 6 MSEK and 4 MSEK respectively.
The board believes that the spinoff will create value for the shareholders with a strategic and operational focus to accelerate company growth.