Post by Sia/LBG
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Exciting News from Sia LBG! We are thrilled to announce that we are working with Alliance Healing Technologies (AHT) on a strategic project centered around the licensing/divestiture of their groundbreaking wound care product, the Acutarex PDR 60 Healing System. This is the only commercially available, FDA 510(k)-cleared wound care product that actively promotes tissue growth and restores balance at the cellular level for chronic wound patients. The product improves wound care efficacy and significantly reduces patient recovery time from >90 to <60 days; thereby freeing up hospital capacity, reducing doctor visits and insurance payouts, reducing follow-on complications, and lowering costs to individual patients. The global wound care market is currently valued at nearly $25 billion, and more specifically, the global advanced wound care dressing market is valued at nearly $4 billion (USD) annually. With an aging population and an increasing prevalence of chronic wounds from primary disease indications that include Diabetic Foot Ulcers, Pressure Ulcers, Venous Leg Ulcers, Surgical and Traumatic Wounds, and Burns; there is a real need for a product like this and a unique opportunity to enter or expand within this lucrative market. Potential interest in this asset? Reach out to Michael McGinnis (Managing Partner, Sia LBG) at [email protected] for more information or to schedule an introductory meeting. #WoundCare #WoundHealing #ChronicWounds Alliance Healing Technologies, LLC