The TaMI StatClip, created by Tampa Medical Innovations, is an externally applied clip that stops blood from escaping when the needle is removed during IV line insertion. This reduces the risk of cross contamination and the spread of infections. The company focuses on simple, low-cost medical devices with large market potential. They have partnered with leading clinical and academic institutions to commercialize their innovative portfolio of products. Currently in the Prototype & Use Verification Stage, Tampa Medical is a joint venture of Moffitt Cancer and MDDG.