Hyalex Orthopaedics announced it raised $14.9 Million in an initial filing from an offering of $18.1 Million

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Hyalex Orthopaedics is a venture backed Boston-based medical device start-up focused on developing and commercializing new products that feature HYALEX® materials technology. Unlike other polymers, synthetic HYALEX material has the unique capability of maintaining low friction and low wear under the high loads encountered in human joints. Hyalex Orthopaedics’ knee implant is an investigational device limited by Federal (or United States) law to investigational use.