Antibacterial wound dressing based on advanced nanotechnology to improve the efficiency of wound care

Nanordica aims to revolutionize wound care with an advanced antibacterial dressing that significantly reduces infections, lowers healthcare costs, and improves patient outcomes.

Subsidie
€ 2.402.750
2023

Projectdetails

Introduction

Infected wounds are a major cause of limb amputations among patients with chronic diseases like diabetes. 10 million amputations occur annually, causing 100 billion additional healthcare costs. During the COVID-19 pandemic, the number of amputations rose tenfold due to the low efficacy of current solutions.

Product Development

Nanordica develops an advanced Antibacterial Wound Dressing (AWD) to prevent and treat wound infections. We have demonstrated that our AWD removes bacterial infection 8 times better than the current best solutions. Our value propositions are high efficacy and low cost.

Market Overview

The global antibacterial wound dressing market is projected to reach 4.2 billion in 2026 at a CAGR of 5.7%.

Business Model

Our business model is B2B, using distributors to reach our customers, i.e., hospitals. We have a priority for intellectual property and have initiated a pilot clinical trial at the largest Estonian hospital.

Mission

Our mission is to bring AWD to the market to improve the outcome of wound infections, lower healthcare costs, and help hundreds of millions of patients.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.402.750
Totale projectbegroting€ 3.432.500

Tijdlijn

Startdatum1-4-2023
Einddatum31-3-2026
Subsidiejaar2023

Partners & Locaties

Projectpartners

  • NANORDICA MEDICAL OUpenvoerder

Land(en)

Estonia

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