October 02, 2014 12:28 PM ET

Healthcare Equipment and Supplies

Company Overview of Plasma Technologies, Inc.

Company Overview

Plasma Technologies, Inc., a medical technology company, designs, develops, patents, and markets medical devices for wound healing, tissue regeneration, and sterilization applications. It offers plasma medical devices for the sterilization of live tissue; and blood coagulation, as well as to kill cancer cells; and treat and prevent infections. The company also provides plasma sterilization applications to sterilize air, surfaces, and foods. Its plasma devices are used in hospitals and nursing facilities, clinics, public buildings, and food processing plants, as well as on the battlefield. The company was founded in 2007 and is based in Corpus Christi, Texas.

615 North Upper Broadway

Suite 1950

Corpus Christi, TX 78401

United States

Founded in 2007

Phone:

361-887-7771

Fax:

361-887-7773

Key Executives for Plasma Technologies, Inc.

Vice President of Community and Governmental Relations
Compensation as of Fiscal Year 2014.

Plasma Technologies, Inc. Key Developments

Access Pharmaceuticals Signs Exclusive Global License Agreement with Plasma Technologies for the Development and Commercialization of its Proprietary Plasma Fractionation Process

Access Pharmaceuticals announced that it has signed an exclusive, global license agreement with Plasma Technologies (PlasmaTech) for the development and commercialization of its proprietary plasma fractionation process. Concurrently, the company announced a new corporate management team and its intention to strategically refocus and rebrand the company as PlasmaTech Biopharmaceuticals, Inc.â ¢, and its plans to pursue a national listing for its common shares. Under the terms of the licensing agreement, the company will pay a license fee of $5 million in a combination of cash and common stock subject to the achievement of certain events, including, a regulatory approval milestone payment in common shares upon the first FDA regulatory approval of a drug derived from the PlasmaTech fractionation process, and a tiered royalty on annual net sales of plasma fractions produced with the proprietary fractionation process.

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