Bone Biotech PolyPid Ltd. Files For A $24 Million IPO

PolyPid, an early stage drug delivery biotech developing an antibiotic coating for bone repair, filed on Tuesday with the SEC to raise up to $24 million in an initial public offering.

PolyPid's two lead candidates, BonyPid-1000 and BonyPid-500, combat bacterial infection around implanted bone substitutes (for open bone fractures) and around dental implants by coating the bone substitute with an antibiotic that uses its proprietary drug delivery technology.

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