April 27, 2018 - gel-e recognized by MedTech Daily as one of the 10 hottest medtech startups of 2018. The list includes companies from Silicon Valley, Boston and Europe; we are happy to rep the mid-Atlantic. Read the full article here.
February 19, 2018 - gel-e,Inc. gel-e Receives Grant to Develop New Internal Use Hemostats
gel-e Inc. announces two new grants that support the development of internal use hemostats. gel-e has been awarded a $1.4M grant from the Department of Defense (DoD) through the US Army Medical Research and Material Command (USAMRMC) to develop advanced solutions for prolonged field care. The grant supports the development of an expanding foam hemostat for the treatment of internal non-compressible hemorrhage. Internal non-compressible hemorrhage typically results from being struck by shrapnel or a significant concussive force. As an expansion of gel-e's hemostatic platform (see existing FDA clearances at http://www.gel-e.co/news.html), the Company has been optimizing flowable formulations for internal and surgical use. Consequently, certain product candidates have been identified that can be administered in far-forward locations to quickly stabilize internal injuries, allowing time for evacuation of the wounded to a field surgical OR.
Learn more about gel-e's product pipeline at http://www.gel-e.co/products.html.
“We are honored to be working with our military to develop such an important hemostatic application. This project is a natural extension of our previously published work using flowable formulations, from our biopolymer-based platform, to treat aggressive internal bleeding." said Dr. Matthew Dowling, CSO of gel-e. "It is gratifying to have the DoD recognize our technology platform and support the synergy of this project with the expansion of our product line from the broad treatment of external wounds to those arising from combat.”
“Internal non-compressible hemorrhage remains the single largest cause of in-combat hemorrhage-related death," said Dr. David King, MD, LTC and former Chief, Division of Trauma Surgery, 86th Combat Support Hospital, Baghdad, Iraq. "The evaluation of new approaches, like the one gel-e is using, will be important to improve outcomes for our wounded service men and women, both on and off the battlefield.”
gel-e has also been awarded an expansion of its SBIR Phase II grant, to support additional seminal research into the development of new flowable, internal-use hemostatic formulations. This award by the National Science Foundation, is based on the Company’s previous success as a Phase I and II recipient.
January 9, 2018 - gel-e,Inc., adds Dr. Grant Bochicchio to its Clinical Advisory Board.
gel-e,Inc., a clinical-stage medical device company developing versatile hemostatic products for surgical, medical, and consumer applications, announces the expansion of its Clinical Advisory Board (CAB) to include Dr. Grant Bochicchio, Chief of Acute and Critical Care Surgery at Washington University School of Medicine. The company's progress and proven platform, that includes two US FDA-cleared hemostatic indications, have allowed the Company to continue to attract key talent. Dr. Bochicchio brings significant expertise to gel-e from developing multiple marketed surgical hemostats. His 130 peer reviewed articles and national presentations have been supported by ~$30M in funding from agencies such as DARPA, the Department of Defense and the National Institutes of Health. As the designated Principal Investigator, Dr. Bochicchio has taken several advanced hemostats from the bench to the bedside, including a fibrin sealant patch and a fibrin sealant powder. Dr. Bochicchio joins an impressive advisory board that includes key opinion leaders from Harvard/Mass General and Weill Cornell Medical Center.
"Dr. Bochicchio was involved as an early collaborator in published efficacy studies based on our biopolymer-based platform. More recently, he's worked with us to test new product candidates." said Dr. Matthew Dowling, CSO of gel-e. "It's exciting to have Grant collaborating with our current advisors on this project, adding to gel-e's reservoir of clinical insight and surgical talent to guide, evaluate and validate surgical and other hemostatic products."
Visit www.gel-e.co/team.html to learn more about Dr. Bochicchio's background.
"I'm enthusiastic about joining the gel-e team," said Dr. Bochicchio. "The Company has built a solid scientific and regulatory foundation for external hemostasis and wound treatment and is poised to expand the platform into the surgical suite. I'm looking forward to help the team at gel-e design and evaluate new products that can be integrated into routine surgical practice."
January 2, 2018 - gel-e Presenting at the 10th Annual Biotech Showcase™ 2018 Conference
gel-e Inc. a privately held, clinical-stage medical device company, will be featured as a presenting company at The 10th Annual Biotech Showcase 2018 Conference. The conference is being held on January 8-10, 2018 at the Hilton Union Square in San Francisco, CA. Larry Tiffany, President, and Dr. Matthew Dowling, Chief Scientific Officer, are scheduled to provide a corporate presentation on Tuesday, January 9, 2018 at 9:30 AM PT. Additionally, gel-e will be presenting at the Digital Rx Showcase on Wednesday, January 10, 2018 at 10 AM PT. Mr. Tiffany and Dr. Dowling will be available to meet with investors who are registered to attend the conference. If you are an investor and wish to attend the Company's presentation or schedule a meeting, please click the following link: https://ebdgroup.knect365.com/biotech-showcase/.
December 22, 2017 - gel-e Expands Board of Directors with Domain & Commercial Strategy Expert
gel-e Inc. a privately held, clinical-stage medical device company, announces the expansion of its Board of Directors to include industry veteran Jim Buck.
gel-e's proven platform and continued success is attracting key talent. Chosen for his ability to guide the Company from an early-stage developer of cleared medical devices to becoming a global hemostatic brand, Jim brings highly relevant skillsets, experiences and relationships from over 25 years of working in the medical device field, particularly in the development and commercialization of hemostatic product lines. .
"We're fortunate to have talent the likes of Jim joining our Board, bringing with him experience in developing and commercializing hemostatic devices," said Alexander K. Arrow, MD, CFA, Director of gel-e. "I look forward to serving with him. Currently the President and CEO of Mardil Medical, Jim has a solid history of leadership within successful medical device developers, including St. Jude Medical, InnerPulse and SetPoint Medical. This, coupled with his experience in developing surgical hemostats at Johnson & Johnson's Closure Medical, provides a unique foundation for guiding strategy at gel-e as we expand the use of our platform from treating external to internal hemostatic clinical needs."
You can learn more about Jim's background by visiting www.gel-e.co/team.html.
"I'm enthusiastic about joining the gel-e team," said Buck. "The foundation that exits already at gel-e in technology, intellectual property and regulatory success are the core assets I've watched grow into other similar, now successful, medical device enterprises. Having watched the use of surgical hemostats expand over the past 20 years and with the marked increase in blood thinner prescriptions over the past few years, gel-e has the opportunity to be "the" platform for bleeding control in the operating room and in the backyard."
December 15, 2017 - gel-e receives US FDA clearance to expand its bandage product line for Rx and OTC use
gel-e Inc., a privately held, clinical-stage medical device company, announces the 510(k) clearance of its adhesive bandage by the U.S. Food and Drug Administration (FDA) for prescription (Rx) and over-the-counter (OTC) use.
This new bandage clearance expands the Company’s label to include the management of moderately to heavily exuding chronic wounds and acute wounds. Under medical supervision, this new adhesive bandage may be used for the management of pressure sores, diabetic ulcers, leg ulcers, donor sites and graft sites, surgical wounds, skin abrasions and lacerations, 1st and 2nd degree burns and traumatic wounds. No medical supervision is required for usage in the management of minor cuts, minor scalds and 1st degree burns, and minor abrasions and lacerations. This newly cleared bandage complements gel-e’s existing vascular closure device cleared for the “management of bleeding wounds such as vascular access sites and percutaneous catheters or tubes.”
“This clearance is the next step in expanding our external wound product line, and will be a key component of gel-e's 21st Century First Aid Kit™,” said Elsa Abruzzo, Head of Regulatory at gel-e . “We are developing a tool kit for clinicians and caregivers that will provide the best possible options for all manner of chronic and acute wounds and injuries. This bandage represents just the first tool in the kit.”
gel-e's technology platform harnesses the natural characteristics of an abundant and inexpensive natural polysaccharide. Through proprietary modifications, this advanced biopolymer is designed to be a durable, biocompatible, and highly functional tool for the treatment of human wounds and injuries.
November 15, 2017 - At the MTECH 30th Anniversary Maryland Industrial Partnerships (MIPS) Ceremony held on Nov 7 at The Hotel in College Park, gel-e was granted the University Spinout Company Award, highlighting the company as a standout in a rich history of Maryland-based start-ups based upon University technology. The Company thanks MIPS for early grants related to the gel-e platform, which allowed us to go on to achieve key milestones in our product development pipeline via non-dilutive grant funding.
October 16, 2017 - gel-e will be presentating at the Q3 Ernerging Medical Technologies (EMT) Spotlight event on Friday Oct 20, 2017
September 13, 2017 - gel-e Expands Core Team with Regulatory, Manufacturing and Financial Talent
gel-e Inc. a privately held, clinical-stage medical device company, announces the recent expansion of its core team, adding Elsa Abruzzo as Head of Regulatory, Bruce Choi as Head of Manufacturing, and Rich Vincent as the CFO.
Supported by its recent financing, the Company has been able to attract an experienced and talented group to support key corporate objectives: expanding gel-e’s initial U.S. FDA regulatory clearance to a broader hemostatic product line for the treatment of external wounds, establishing cGMP manufacturing of gel-e's active ingredient, and preparing for the commercialization of its growing product line.
“Elsa, Bruce and Rich have already started making contributions as part of our expanded gel-e team," said Larry Tiffany, President and Director of gel-e "Elsa has been instrumental in designing and implementing our regulatory strategy in order to expand our label claims for a variety of hemostatic products. Integrated into this strategy, Bruce is leading our core team to establish a manufacturing facility using a modular manufacturing approach that will support scale-up while ensuring we meet our quality, productivity and efficiency goals. Rich helped us close the recent equity round, and brings his expertise from many successful West Coast life science start-ups and commercial companies, including raising $650M in private and public financings, most recently for Genoa Pharmaceuticals." To learn more about each of their backgrounds, please visit our team page.
July 13, 2017 - gel-e Secures $3.1 Million Financing
gel-e Inc., announces that it has raised $3.1 million in a private financing, led by early-stage investment funds and life science investors.
The financing allows gel-e to expand its initial U.S. FDA regulatory clearance for the management of bleeding wounds, including vascular access sites (Vascular gel-e®) to a broader hemostatic product line for the treatment of external wounds. In parallel, this funding allows the company to establish cGMP manufacturing of gel-e's active ingredient. If you'd like to learn more visit http://www.gel-e.co.
"gel-e exemplifies an ideal investment for us," said Jim Hughes, Director, UM Ventures. "By strategically deploying grants, gel-e has built an impressive corporate foundation, such as achieving its first regulatory clearance, securing an issued patent estate, and recognition through numerous peer-reviewed publications. We are excited to be a part of this financing that supports the next phase in the company's growth."
gel-e's mission is to develop a broad range of game-changing hemostatic and wound treatment products, including bandages for the treatment of routine cuts and scrapes, foams and putties for traumatic and military injuries, and surgical gels and powders. The path created by Vascular gel-e® facilitates expansion of the company's portfolio, while gaining greater confidence about the platform's safety and efficacy for future indications, including internal surgical use.
Prior to this financing, gel-e was funded by grants from the National Science Foundation (through the SBIR), the United States Army Research Lab, Maryland Industrial Partnerships, and the Technology Development Corporation (TEDCO).
"I've had the chance to apply the technology in a few research studies," said Dr. Mayur Narayan, attending trauma surgeon and Associate Program Director of the Surgical Critical Care Fellowship at Weill Cornell Medical College/ New York Presbyterian Hospital. "These studies involved lethal bleeding in large animal models, where we were able to achieve rapid hemostasis using gel-e hemostats with superior results to competitive products."
February 1, 2017 - New Notice of Trademark Allowance
The USPTO issued a notice of trademark allowance on the name "gel-e," which is at the core of our branding. This allowance continues the build of our intellectual property estate, and we believe it to be an important asset moving forward.
See Trademark Serial Number: 87/045,953
January 15, 2017 - Biz Dev deal signed with the Jai Group
The Jai Group (JG) is a West Coast business development firm with a focus on pharmaceutical and medical device partnerships in Latin America. gel-e and JG just inked a deal through which JG will identify the best Latin American partners for gel-e's currently cleared Vascular Access product as well as future products. JG has an excellent track record of obtaining valuable licensing and distribution partnerships in Latin America for their clients.
September 15, 2016 - New Supplemental Grant from the National Science Foundation
gel-e is the recipient of a supplemental grant to our current SBIR Phase II Award from the National Science Foundation for $100,000. The award, called Small-Business / ERC (Engineering Reserach Center) Collaborative Opportunity (SECO), will go towards evaluating the safety of our chitosan-based foam in internal surgical applications. The Company will collaborate with Dr. Steven Stice who works at the Regenerative Engineering and Medicine Research Center, University of Georgia, where the studies will be conducted. This is an exciting development for our internal surgical research program.