Endomedix
Company

Last deal

$4.2M

Amount

Seed

Stage

01.07.2018

Date

3

all rounds

$7.3M

Total amount

General

About Company
Endomedix is a medical device start-up company that develops hydrogel medical devices using natural biopolymers.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2005

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Endomedix has developed a platform technology called PLEXimine™ based on novel polysaccharide chemistry that can produce an array of different properties for use in the development of a series of separate product categories. The company has been awarded 7 NIH SBIR & 1 NYS grants, and has obtained 9 issued patents based on this technology. The first device using this technology will be PlexiClot™ Absorbable Hemostat for brain & spinal surgeries, an underserved $1.7B niche. Additionally, the Company has entered into a Cooperative Research and Development Agreement (CRADA) with the US Army Medical Materiel Development Command (USAMMC) for the development of a treatment system for ocular projectile battlefield trauma using PLEXimine technology. The company has raised $3.3 M in private investment.
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