BioMatrix B.V., a spin-off from the Dutch Technical University of Eindhoven (TU/e), is developing a gel to repair degenerative damage to the intervertebral discs located in the lower spine. The Brabant Startup Fonds is investing €350,000 in this low-risk treatment of back pain. Almost half a million people just in The Netherlands suffer from these problems. The spin-off wants to use the money to complete the preclinical study. According to CEO Bob Guilleaume, this will most likely lead to a pilot with patients early next year.
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