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Neoplas Med Secures $18M Investment to Advance Cold Plasma Wound Care Tech

The Owner Press by The Owner Press
November 29, 2024
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What You Ought to Know: 

– Neoplas Med GmbH, a Greifswald-based medical expertise firm, has secured an $18M funding from Niterra Ventures Company to additional develop and develop its modern chilly plasma wound care expertise. 

– The newest funding brings Niterra’s whole funding in Neoplas Med to $25M, following earlier funding rounds in 2022 and 2023.

Reworking Wound Care with Chilly Plasma

Neoplas Med is a pioneer within the discipline of chilly plasma expertise for medical functions. The corporate is the one producer of chilly plasma merchandise in Europe with European Medical Gadget Regulation (MDR) certification. Its patented argon jet chilly plasma remedy is broadly utilized in main clinics throughout Europe and the Center East. Neoplas Med has developed kINPen® MED, a pioneering “plasma pen” that makes use of argon chilly plasma to speed up wound therapeutic. This modern expertise provides important benefits over standard wound care strategies:

  • Sooner Therapeutic: Medical research have proven that kINPen® MED can scale back wound therapeutic time by as much as 50% in comparison with conventional remedies.
  • Painless and Protected: The argon chilly plasma jet is just about painless and has no identified uncomfortable side effects or danger of creating resistance.
  • Efficient for Varied Wounds: The expertise can be utilized to deal with each contaminated and continual wounds.

This new funding will allow Neoplas Med to:

  • Additional develop its expertise platform: Improve the capabilities and functions of its chilly plasma expertise.
  • Scale worldwide operations: Develop its attain into new markets, significantly the US, Europe, and the Center East.

Enhance manufacturing capability: Meet the rising demand for its modern wound care options.



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Tags: 18MAdvancecareColdInvestmentMedNeoplasplasmaSecuresTechThe School of TechWound
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