Financial Highlights
Direct MagnetOs sales increased by 148% from CHF 4.9 million to CHF 12.2 million, total revenue from medical devices rose from CHF 5.7 million to CHF 12.9 million
Medical Devices segment achieved a positive EBITDA of CHF 2.2 million driven by MagnetOs
Cash & cash equivalents amounted to CHF 16.9 million, funds available (including trade, and other receivables) totaled at CHF 22.0 million as of June 30, 2023
Operational Highlights
Accelerated commercial roll-out of MagnetOs in the U.S. on track
Key efficacy data on MagnetOs bone graft published in two prestigious, peer-reviewed scientific journals
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