6 years ago
Inotec AMD Secures £7 Million to Revolutionize Chronic Wound Treatment
Cambridge-based medtech startup Inotec AMD has raised £7 million in funding to expand its global reach in treating chronic wounds
The company's innovative device offers a potential solution to a healthcare challenge costing billions annually
The funding round was led by Praetura Capital, with participation from Boundary Capital Partners LLP and existing investors.
ProblemHealthcare
"Chronic wounds causing significant distress and cost to patients and families, with amputation often the only course of treatment"
Solution
"Developed a novel device capable of healing complex chronic wounds, revolutionizing wound care and minimising pain and suffering for millions of patients worldwide"