Product: Spincare system
Lifted: not disclosed
Founders: Nicast spin-off company with no specific founders
The treatment of burns, wounds and scars presents both psychological and physical barriers. This treatment also becomes complex, expensive and can deprive a patient of the use of that limb or area. Yet a biotechnology company, Nanomedic Technologies Ltd., has designed an artificial, 3D-printed skin that is affixed directly to a patient’s skin and, after 24 to 48 hours, allows patients to use that area as they wish. normally would, explained Gary Sagiv. , Vice President of Marketing and Sales at Nanomedic.
“We leveraged our electrospinning technology to develop a franchise-marketed portable wound care device that prints a nanofiber matrix directly onto a patient’s wound, via 3D printing, and addresses three specific areas. , mainly burns, trauma and wound care, ”said Sagiv. , adding, “People don’t care about our technology that reminds us of Spiderman. “
Miniaturize a product
Nanomedic is focused on the commercialization and development of its clinical research. Electrospun Healing Fibers (EHF) are integrated into skin cells to promote tissue regeneration. The portable device prints a nanofibrous healing matrix directly onto a patient’s wound. “By comparison, in the 1940s, computers took up an entire room and are now on your desk; likewise, we have minimized our technology. We then add an ampoule of polymer solution to it and 3D print this dressing on an injured arm or any part of the body, ”he noted. The company’s artificial dressing can treat all types of burns, whether from chemical or electrical fires, as well as patients with ski or motorcycle accidents or any type of physical skin abrasion. Sagiv added that it can be used for additional ailments such as diabetic foot injuries or even gunshot wounds.
The dressings are also airtight, which is a plus if there is a risk of infection. “It prevents bacteria from entering a wound, but our technology also allows patients to live normally. If you burn your hand, healthcare professionals bandage that area heavily. Your hand may be out of use for a month or more, until it heals. However, with our technology, we “spray” the bandage, and you can start using that limb again within 24-48 hours. Most people take these types of injuries to heart; they might even become a psychological problem, but our device allows people to get back to normal. Just as the Department of Health tries to encourage us to live our lives alongside Covid-19, we also try to encourage patients to live with their injuries, and not to let them dominate or inhibit their lives. ”
Nanomedic is a spin-off of a larger medical device company, Nicast, which pioneered electrospinning technology. In 2018, the company was founded to focus solely on the unique Spincare technology.
Enter new markets
Nanomedics has established itself worldwide and targets an $ 18 billion niche market. Its product is currently approved in Europe, awaiting FDA approval and is also expanding into the Asian market which is reopening the fastest after the Covid-19 crisis. The Spincare system is primarily located in the skin substitute market, although to date it has no direct competitors in this niche. “Our solution is more efficient than the other offerings, and has higher efficiency, and is much cheaper than the alternatives out there,” Sagiv said.
“We hope to be active in all countries of the world within two to three years. One thing we have learned from marketing is that it has to be done slowly, ”he said, adding that the company hopes to be successful in each market before moving on to the next. While some may find this approach conservative, he noted, “It’s the only right way to get things done. We have at least one or two interested parties in almost every country, and we think the future is bright. The world is our oyster.
Nanomedics is a private, well-funded company and its financial data is withheld at this time.