4 years ago
Inotec AMD Secures £3.7 Million for Wound Healing Innovation
Inotec AMD, a UK-based wound healing medtech firm, has raised £3.7 million in Series C funding led by Wealth Club
The investment will be used for commercial expansion in the US and other markets
Inotec AMD's patented NATROX oxygen therapy treatment has proven effective in healing previously untreatable wounds, including diabetic foot ulcers
The company has a strong track record of success, having supplied to the US Department of Veterans Affairs and treating over 1,000 patients
The investment was also backed by high-profile investors, including Amadeus Capital Partners and Jonathan Milner, of Abcam fame.
ProblemHealthcare
"Healing untreatable wounds, even those that had been open for months or years, in any setting, at home or in-clinic"
Solution
"Applying oxygen therapy through patented NATROX system, which can heal or improve 88% of previously untreatable wounds"