Traditional methods of suturing and stapling are effective, yet not ideal. For example, suturing is cost-effective but time-consuming and user-dependent; and while stapling offers a more rapid and consistent solution, it is significantly more expensive and associated with suboptimal cosmetic results, anastomotic strictures and potential for leaks in internal applications.
IonMed’s BioWeld1 incision closure and skin graft fixation system introduces a new process based on cold plasma (ionized gas) used in combination with chitosan film (biological material) for incision closure and skin graft fixation without staples or sutures.
ChitoplastTM, a medical adhesive plaster that incorporates a chitosan film, is applied over incision edges. Cold plasma is applied to the chitosan film and incision area for an effective closure and to start the healing process.
The IonMed BioWeld1 system provides an entry point into the more than $5 billion surgical closure market and wound care market, which is expected to reach $14.8 billion in 2018 (Global Industry Analysts, Inc.). Overall, there are 5 million skin grafts annually in the EU and a comparable number in the United States (venous and diabetic ulcers, skin malignancies, and burns). There are more than 70 million surgeries in the United States annually, which require incision closures, including 40 million in operating room settings and 30 million in outpatient settings.
Surgical wound closure and healing
Stage: Business development
Investors: The Trendlines Group and Generali Financial Holdings Fund
IP: Strong IP, including broad coverage of the plasma-generating device and its use in medical applications and broad coverage of the Chitoplast components and their use in tissue welding
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