A neutralization plate includes a main body, a pair of upper arms extending upwards from the main body, and a pair of lower arms extending downward from the main body to form a generally X-shape with the pair of upper arms. In addition, the neutralization plate includes a horizontal channel formed across a rear side of a midsection of the main body, an aperture formed in the main body between the pair of lower arms and contiguous to a bottom edge of the horizontal channel, and a lower chute formed between the aperture and a lower edge of the horizontal channel. The lower chute is configured for ends of a suture looped through a fractured bone to be passed through the aperture and down the lower chute to a front side of the main body to be anchored separately from the fractured bone.