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Headquartered in San Diego, California, Medipacs is focused on commercializing the first non-mechanical infusion pump based on a new, expandable polymer. The Medipacs novel polymer technology enables drug infusion pumps are that are wearable, programmable and disposable to allow for greater accuracy, patient comfort and convenience at a lower cost. The Medipacs infusion pump can be used to deliver drugs that are currently transfused or injected including biologic medications, insulin, hormones, fertility drugs, anti-coagulation drugs and pain medication. Traditional methods of delivering these drugs can be expensive, complicated, inconvenient and uncomfortable because they require significant nurse time and complex capital equipment; are prone to infection and medical errors; and require multiple needle sticks. Medipacs has received Series A funding from Trailhead Ventures, Mesa Verde Ventures, angel investors and management. Medipacs was selected from more than 45 applicant companies to be a member of EvoNexus the free incubator for San Diego-based start-up companies. As a result, the company receives fully furnished office space, utilities, broadband, equipment and mentoring. Medipacs is also a member of the Arizona Center for Innovation, a high tech incubator promoting the development of high technology companies. Medipacs' senior management team, Board of Directors and team of advisors have extensive experience and successful track records introducing novel medical devices and infusion systems that have created meaningful business franchises and established significant value for physicians, patients, employees and shareholders. |