EO2 Concepts Aims to Impress CME With Med Device Study, Gain Funding
Summary
EO2 Concepts Aims to Impress CME With Med Device Study, Gain Funding Xconomy Texas — San Antonio — For chronic wounds, there’s a bevy of treatment options attracting the dollars spent on care, from stalwarts like Acelity’s negative-pressure therapies to more standard, basic dressings.And EO2 Concepts has released results from a recently completed clinical trial on its device—a therapy that uses a constant stream of oxygen to treat chronic wounds like ulcers—that it says showed the device performed better than the standard of care.The company also noted that wounds receiving treatment from its device healed faster than others, though it didn’t provide details in a news release.Other longer-standing treatments include San Antonio Acelity’s devices that use a vacuum of sorts to treat wounds, which has helped the company achieve billions of dollars in annual sales.The results of the study, Moffett says, may help him raise a round of capital this year to sell the product, if the company can get a new CMS code.
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