GS Medical (GSM) has participated in FeelTect’s recent seed funding round. FeelTect are completing a €1.2m round that will enable the next steps in their path to commercialisation of their disruptive Wound Care technology, ‘Tight Alright’. This is the first connected-health technology for measuring and monitoring compression therapy, the gold-standard treatment for millions of people with venous leg ulcers.
As GSM plans growth in its key business/clinical areas of expertise they support early-stage companies like FeelTect with market intel, access, advice, and in some cases financial support. GSM is delighted to support FeelTect an NUIG BioInnovate spin-out company that is innovating in the Leg Ulcer space, a disease for which GSM provides products and technologies in its markets. GSM knows this space, understands the complexities and nuisances of the provision of care for these chronic cases, and therefore strongly supports and welcomes innovations like FeelTect’s.
GSM will continue to work with like-minded innovators in its key areas of expertise, namely; Surgery, Endoscopy, Wound, Infection & Neuro/Spine. Their goal is to help Healthcare Professionals to advance care, reduce time to healing and get patients back to a fully functioning life more quickly and safely.
About GS Medical – www.gsmedical.ie
GSM are a full-service distributor of medical consumables and devices in Ireland & UK. GSM focus on 5 Expert areas of Surgery, Wound, Infection, Endoscopy, Neuro & Spine as well as developing an own label suite of medical consumable product for Hospital based customers. GSM are keen advocates for the start-up ecosystem in Ireland and delighted to support a number of Irish Med Tech Innovators as they seek to transform patient care.
About FeelTect – www.feeltect.com
Feeltect’s vision is to see every wound care patient receiving individualized, optimized treatment, specific to their clinical and user needs. FeelTect intends that patients achieve their maximum rate of healing with minimal disruption to their quality of life. Additionally, the company aims to see the unsustainable burden of wound care lifted from healthcare systems, allowing for efficient management of wound patients and reallocation of vital resources (i.e. funding and personnel) to other areas of clinical need. Tight Alright is a wearable point of care solution and digital platform improves the application, maintenance, and self-management of treatment, thereby reducing healing times, reducing provider workloads, reducing treatment costs, and enhancing quality of life.
