Company with products to help wounds heal, fight infection joins Purdue Research Park
March 16, 2012
WEST LAFAYETTE, Ind. - Medical professionals may soon use patent-pending technology to both heal and fight infection that is being developed by a company based in the Purdue Research Park.
Medtric LLC was founded by Sean Connell, who currently is pursuing his doctorate at Purdue University's Weldon School of Biomedical Engineering, and Jianming Li, who earned his doctorate in biomedical engineering at Purdue. Connell is president and chief operating officer, and Li is the chief scientific officer.
Connell said Medtric's vision is to improve patients' quality of life by introducing the company's technology into the veterinary, human clinical and over-the-counter consumer markets within the next few years.
"Our products use an innovative technology that fights infection and enhances the wound-healing process. Current leading products do only one or the other," he said. "These clinical benefits, as well as the novel delivery methods like liquid sprays, contouring foams and moldable gels that improve the user experience, are factors that differentiate us from the competitive landscape."
Connell said the products are undergoing research and development. The company's primary market segment will be acute and chronic wounds.
"We also are exploring alternative market opportunities such as over-the-counter or health-and-beauty applications that may allow for quicker entry into the marketplace," he said. "We are actively seeking strategic partners to access these potential markets."
Li, who is currently an assistant research professor in Purdue's Department of Basic Medical Sciences, said the Purdue Research Park is an ideal strategic location for Medtric because of its proximity to the university and other high-tech startup firms.
"Early-stage interactions with these groups will be instrumental in refining our technology and business models," he said. "By leveraging the resources of the academic and entrepreneurial communities, we believe that Medtric will be well suited for growth and success in the near term."
About Medtric LLC
Medtric aims to provide the measurable difference by delivering clinically robust and economically sensible wound-care solutions.
About Purdue Research Park
The Purdue Research Park, with four locations across Indiana, has the largest university-affiliated business incubation complex in the country. The parks are home to about 200 companies that employ 4,000 people and are located in West Lafayette, Indianapolis, Merrillville and New Albany.
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