July 31, 2014 9:58 PM ET

Healthcare Equipment and Supplies

Company Overview of PolyRemedy, Inc.

Company Overview

PolyRemedy, Inc. provides integrated wound management systems. The company offers Personalized Woundcare System, an evidence-based wound management system that provides nurses, physicians, and patients with the resources for in-home chronic wound treatment; and hyaluronic acid that accelerate the healing process in burns, epithelial surgical wounds, and chronic wounds. It enables clinicians to document care through Web-based assessment tools and order personalized wound dressings. The company was founded in 2004 and is headquartered in Mountain View, California with additional offices in Boston, Massachusetts.

2637 Marine Way

Suite 100

Mountain View, CA 94043

United States

Founded in 2004

Phone:

866-609-3515

Fax:

650-960-2406

Key Executives for PolyRemedy, Inc.

Chief Executive Officer and Member of The Board of Directors
Age: 53
President and Chief Operating Officer
Chief of Clinical Affairs and Medical Director
Vice President of Software Development
Director of Product Management
Compensation as of Fiscal Year 2014.

PolyRemedy, Inc. Key Developments

PolyRemedy, Inc. Launches HealSmart(TM) Hyaluronic Acid Dressing Enhancement

PolyRemedy, Inc. announced the enhancement of its HealSmart Antimicrobial Dressings with the addition of Hyaluronic Acid (HA), a naturally occurring solution in the body known to assist in wound healing. HA is an FDA cleared substance. It has been shown to aid in cell proliferation and migration, and its constructive role in wound healing has been studied by many physicians. A systematic review and meta-analysis of randomized controlled trials for HA in aggregate show that HA derivatives accelerate the healing process in burns, epithelial surgical wounds, and chronic wounds. Additional studies indicate that in order to optimize its wound healing properties, HA is best utilized in a sterilized, electrospun wound dressing which is the process PolyRemedy uses to create HealSmart Antimicrobial Dressings with HA (patent pending).

Polyremedy, Inc. Announces Results of Clinical Study and Releases New HealSmart(TM) Software

PolyRemedy, Inc. announced results from a recent clinical study along with a new version of its HealSmart Software Platform. The prospective observational study of 155 home care patients was conducted at St. James Home Health Services (Chicago Heights, Ill.) and compared healing rates of 73 chronic wounds treated using company's HealSmart Personalized Antimicrobial Dressings to 82 chronic wounds using other modalities. Patients treated with the HealSmart dressings demonstrated better healing rates over a 120 day period including: more healed wounds (44% vs. 33%); fewer stalled or deteriorating wounds (18% vs. 28%); Increased Median Wound Area Reduction (86% vs. 72%). In addition to the clinical study, the Company also announced the release of its HealSmart 3.0 software system. This release includes features to simplify the user workflow and provide enhanced analytics, as well as architecture enhancements such as HTML5 and RESTful web services to support integration with other IT platforms and electronic health record systems.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 30, 2014
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