KeraCureĀ was formed to commercialize a simplified cell-based dressing that has utility across a number of medical disciplines. The firm's leading device, the KeraPacĀ dressing, is an interactive wound covering comprised of living human cells to be used in the treatment of chronic wounds. KeraCure believes its proprietary KeraPac has a number of advantages for patients and health care providers and will replace existing competitive products on the market today. KeraCure's unique, cell-based technology addresses one of the most pressing current and future medical challenges-effective treatment of chronic wounds. As the aging population continues to expand, the incidence of chronic wounds is increasing significantly. KeraCure believes that its KeraPac will improve the lives of more than 10 million patients requiring treatment each year. The chronic wound treatment market consists of multiple applications resulting in billions of dollars expended annually worldwide. KeraCure has a strong intellectual property position with assignments in five patents in the U.S., with PCT applications in Europe and has filed other key applications broadening the use of the platform. KeraCure has developed a plan to protect and enhance its core technology which will strengthen the long-term commercial value of these patents. KeraCure is currently conducting a Multicenter Pivotal Trial in the treatment of diabetic foot ulcers and will seek regulatory approval * Diabetic Foot Ulcers o Due to poor circulation and/or lack of sensation, diabetics often develop foot ulcers from traumatic or pressure related events such as cuts or shoes that do not fit correctly. These ulcers are the leading cause of hospitalization among diabetics in the U.S. * Venous Stasis Ulcers o Venous ulcers are caused by the cessation or impairment of venous flow in the lower extremity. Ulceration occurs as an end result of sustained high pressure in the veins. * Pressure Ulcers o Pressure ulcers are caused by prolonged pressure on an area of the body having a bony prominence with a thin covering of flesh, such as the "tailbone", hips, heels, elbows and shoulder blades.
