November 23, 2014 12:25 PM ET

Healthcare Equipment and Supplies

Company Overview of Spiracur Inc.

Company Overview

Spiracur Inc., a medical device company, develops wound healing solutions for patients and clinicians. Its products include smart negative pressure (SNaP) wound care system that includes cartridge, hydrocolloid dressing, and interface layer for the treatment of chronic and acute wounds; and ciSNaP closed incision systems, including sterile cartridges, controlled tension relief layers, advanced surgical dressing, and straps for patients undergoing high-risk procedures, including orthopedic, abdominal, vascular, and podiatric surgeries. The company offers its products through distributor partners. Spiracur Inc. was founded in 2007 and is based in Sunnyvale, California.

1180 Bordeaux Drive

Sunnyvale, CA 94089

United States

Founded in 2007

Phone:

408-701-5300

Fax:

650-364-1688

Key Executives for Spiracur Inc.

Chairman
Age: 64
Founder and Chief Scientific Officer
Founder
Chief Financial Officer and Vice President of Finance & Administration
Vice President of R&D & Operations
Compensation as of Fiscal Year 2014.

Spiracur Inc. Key Developments

Spiracur Announces Three-Year Agreement With HPSI Purchasing Services

Spiracur Inc. announced that it has entered into a three-year strategic agreement with HPSI Purchasing Services, whereby HPSI will make available to its members the SNaP(R) Wound Care System. Spiracur's SNaP System and its suite of accessories combine the benefits of advanced wound care with non-powered NPWT, providing patients with a sophisticated, non-invasive and disposable NPWT system designed to promote wound healing. The small device weighs 2.2 ounces and does not require batteries or electricity. In addition, the SNaP System is silent and may be easily worn under clothing.

Spiracur Inc. Announces Renewal Contract with Novation, LLC for Advanced, Mechanically-Powered, Disposable Negative Pressure Wound Care Products

Spiracur Inc. announced it has been awarded a three-year contract renewal with Novation, LLC. Spiracur will continue to supply the SNaP Wound Care System, the ciSNaP Closed Incision System and new dressing kits to Novation members including VHA Inc., UHC and Provista, LLC. Spiracur is credited with creating a new category of chronic and acute wound management solutions that combine the benefits of advanced wound care with non-powered NPWT. The SNaP System provides patients with a sophisticated, non-invasive and disposable NPWT system designed to promote wound healing, which weighs only 2.2 ounces and does not require batteries or electricity. The SNaP System is reimbursed in hospital outpatient wound care clinics and physician offices.

Spiracur Appoints Chris Fashek as President and Chief Executive Officer

Spiracur announced the appointment of Chris Fashek as president and chief executive officer. Prior to joining Spiracur, Fashek served as president and vice chairman of Kinetic Concepts Inc. (KCI) USA.

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