Innovative Trauma Care takes home Top Innovator at Venture Summit

Posted by Rob Lewis

Last week a select group of 50 innovators from the life sciences, healthcare, pharmaceutical, medical device and healthcare IT sectors were chosen to present their technolgies to an audience of Venture Capitalists, Angels, and Strategic Partners at the 2012 Life Sciences and Healthcare Venture Summit in New York City.

And a company from a province better known for its oil and gas innovation took home the top prize.

Edmonton's Innovative Trauma Care (ITC) won best presenter and top innovator for its medical device for pre-hospital, point of injury medical care. ITC's Tactical Use Skin Closure device (pictured) is a mechanical wound/skin closure device that quickly controls massive bleeding by closing the skin to create a temporary, contained hematoma until surgical repair.

Based out of the Edmonton Research Park (ERP), ITC’s vision is to design products that allow medics, soldiers and first responders to treat three of the most preventable causes of trauma deaths: massive bleeding, tension pneumothorax and airway obstruction.

Since its inception in April 2010, ITC’s innovative technology has come to life with the development of a functioning prototype and successful proof of the concept on live tissue.

ITC was co-founded by Dennis Filips (pictured) and Ian Atkinson who have invested $500K in the startup to date. ITC is in the process of raising $2 million in private financing for the first of three stages of product rollout.

Company:
Innovative Trauma Care
Website:
http://iTraumaCare.com
Location:
Edmonton, Alberta, Canada

The ITClamp™ addresses massive hemorrhage – a leading cause of death in traumatic injury – by controlling critical bleeding in under 3 seconds. The clamping device works by sealing the skin closed to create a temporary pool of blood under pressure, which forms a stable clot until the wound can be surgically repaired. Incorporated in 2010 and based in Edmonton, Canada, Innovative Trauma Care is an early stage... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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