One Line Pitch: SMP Materials Inc. developed a tunable biodegradable shape memory polymer (BSMP) which has extensive applications in different medical devices . They offer multiple products and operate in the biomedical segment of the market. Our shape memory polymer has an excellent shape memory recovery. Our product portfolio contains surgical splint, sutures and staples, dental wire, embolization coil and stents
Business Summary: We have developed a novel tunable Shape Memory Polymer that activates around body temperature, has excellent and reliable shape memory properties, and is biocompatible and biodegradable. Our strategy is carefully orchestrated to take into account the regulatory barrier that surrounds any medical applications. We will start with a low regulatory barrier product to generate positive cash flow and slowly climb the regulatory barrier ladder to capture the most profitable segment of the biomedical market
Sector: Life Science and at the TRL 7 stages