Mark Walker
West Nyack, NY (USA)
Role(s):
Other
Iodynamic, LLC
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Startup
Location:
La Jolla
Industry:
Healthcare
Year Founded:
2008
Number Employees:
1-10 people
Description:
Iodynamic, LLC has recently acquired the world-wide license for an exclusive application in the wound care market.
This application is unique in its ability to deliver iodine and copper into a wound instantly and simply, with doses deemed safe and effective by the FDA.
The application’s significance to the wound care market is its ability to act as an effective antimicrobial agent in a market that is dominated by silver, a costly and toxic intervention agent that is impregnated into the wound through various contact delivery mediums.
Silver products represent approximately $730MM in existing sales between US and European markets; it has been estimated that only 30% of the outstanding infected wounds are currently receiving treatment (due to the cost of silver impregnated dressings, the majority of the market continues to be under-served).
The company plans to aggressively introduce this application as an alternative to the antimicrobial modalities that exist in the market today.
The opportunity for the application’s treated dressings will be accomplished through proprietary product development and product royalty arrangements.
Please let me know if you or the principals in your company would have any interest in discussing this further.