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At MgShell we transform the treatment of retinal diseases with our controlled drug release technology, which eliminates the need for frequent eye injections. We focus on minimising patient drop-out rates to chronic treatments, optimising both clinical outcomes and healthcare costs.

39
days remaining
21 investors
Investment achieved
740.950€
Target
1.000.000€
Invested
74.1%
74.1% INVESTED
Maturity

Prototype/preclinical

Premoney valuation

8.000.000

Estimated exit

2029

Sector

Medical devices

Equity offered

14.5%

Minimum investment

1.000

IT based flag
Equity L
Tax deduction
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Overview: MgShell

Valuation 8.000.000
Estimated return x15
% Offered 14.5%
Estimated exit 2029

MgShell technology will allow patients to reduce the number of injections by 67%, which could improve adherence to treatment by 40%.

By combining our technology with existing medicines, pharmaceutical companies are expected to experience a 40% increase in revenues.

The MgShell solution will reduce patient injections by at least three times compared to current methods.

The AMD treatment market is projected to amount $10 billion by 2024, growing at 12% annually.

The MgShell drug delivery system will reduce treatment costs per patient by 67%, benefiting public health systems.

At MgShell we develop innovative solutions to improve the treatment of age-related macular degeneration (AMD), one of the leading causes of blindness in the over-50s. As the population ages, the prevalence of the disease continues to rise, with nearly 40% of patients failing to comply with their treatments, worsening vision loss and overburdening healthcare systems. To address this challenge, we created i3D, a controlled drug release device that reduces frequent injections.

Our device uses magnesium, a safe material that degrades in the eye while delivering precise doses over time, improving treatment adherence and reducing medical costs. In addition, we aim to collaborate with pharmaceutical companies to extend this technology to other eye treatments, offering more efficient and accessible solutions for patients.

Why is Capital Cell investing in this company?

Investing in MgShell presents a great opportunity in the field of eye health. Founded by an expert team that includes bioengineers and a retinal specialist, MgShell has developed i3D, an intravitreal drug delivery platform that uses magnesium for controlled drug release. This innovative technology addresses a critical need in the treatment of retinal diseases, such as geographic atrophy and wet AMD.

Current intravitreal injections are invasive and require multiple visits to the doctor, which decreases patient adherence. With i3D, fewer injections are needed, improving the patient experience and reducing healthcare costs. MgShell has demonstrated its viability not only through laboratory studies but also through animal studies, reinforcing the potential of its technology.

The company is in the fundraising stage to complete its preclinical activities and establish strategic collaborations with pharmaceutical companies. This is an attractive opportunity for investors, as MgShell prepares for its next growth phase in an expanding market with an innovative and effective approach.

Minimum investment: 1.000
Type of exit expected: Company acquisition
Drag-along rights
Tag-along rights
Tax deductions
Company eligible for tax incentives of 30% for Italian investors.
Main risks

The main challenge for MgShell lies in achieving the necessary validations, certifications, and approvals, which are standard processes for medical devices and pharmaceutical products. Although the risk of device rejection is low due to the promising results obtained in-vivo studies and the clinical use of magnesium in other applications, such as cardiovascular stents, the key challenge is the industrialization of the technology. This includes drug reformulation, loading into the device cores, and final assembly.