Eugene Gordon
Mountainside, NJ (USA)
Role(s):
Germgard Lighting LLC
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Startup
Location:
Mountainside
Industry:
Healthcare
Year Founded:
2005
Number Employees:
INVALID
Description:
The Company is developing new technology for ending or greatly mitigating hospital acquired ('nosocomial') infections, which it plans to make and sell. It has 8 related patents pending and a number of hospitals that have expressed interest in being a beta site. FDA clearance or approval is not required. Current hand sanitation technology, handwashing and alcohol rubs, are totally inadequate and as a result annually there are 2.5 million nosocomial infections with ~100,000 deaths, costing over $30 billion to treat. The annual cost of alcohol rubs alone is $3 billion. The company's technology is fast, convenient, complete to 99.99%, and not irritating to hands. We expect conservatively over $100 million in sales in 5 years. After the seed round we will be using NIH SBIR funding for much of t