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Colombian healthtech is looking for partners who distribute their products (medical devices)

Summary

Profile Type
  • Business Offer
POD Reference
BOCO20240311024
Term of Validity
11 March 2024 - 11 March 2026
Company's Country
  • Colombia
Type of partnership
  • Commercial agreement
Targeted Countries
  • Spain
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General information

Short Summary
This healthtech company has focus on discovering new collaborations with new partners who want to grow together. At the moment they are owning the 7% of the Colombia custom medical devices market and are a fast-growing player due to the quality of the products they offer, the time of response and the materials used.
Therefore, they are looking for international partners who wants to join their purpose of improving the quality of life of more people through the distribution of its products.
Full Description
A Colombian healthtech was founded in 2020 and was born from a Spin-Off of two universities in Colombia. They are dedicated to the design and development of custom medical devices obtained one by one according to the needs of each patient, using innovation and their own design and manufacturing processes, which not only focus on improving the quality of life of patients through functionality but also aesthetics. They offer customized craniomaxillofacial and orthopedic implants, digital surgical planning, and embrace research projects related to health tech.

They manufacture their products in the most used materials in the market, Titanium grade 5 (Ti6Al4V), Polymethylmethacrylate (PMMA), and Polyetheretherketone (PEEK), and in their own development, porous PEEK with Hydroxyapatite (HA). This last one is what makes them unique in the market, due to several companies worldwide making custom bone implants, nevertheless, they are the only ones with a material that resembles bone, osseointegrates with it, and allows radiographic follow-p.

Currently, they have 7 active dealers in Colombia and during this year they started some negotiations to sell their products in Latin America, in addition, they are working on their orthopedic and spine line to introduce it in the market. They are in a phase of expansion, and they want to scale up through the development and positioning of their raw material of porous PEEK with HA, leading that anywhere in the world can produce implants in this material.

For scaling up, they are looking for smart capital and partners who can get involved in the business.
Advantages and Innovations
Main advantages are the short delivery times they offer, the competitive prices, the support at all stages and their greater differentiator, porous PEEK with HA.

When they compare their porous PEEK with HA with other polymers commonly used in custom implants, they observe that it has grater advantages regarding the osseointegration capability, bioactivity, and regeneration. Moreover, it reduces stress shielding, eliminates growth restrictions, and allows the fixation of the implant with resorbable materials, therefore, the patient has no metal parts inside.

Right now, they are innovating in their orthopedic and spine line to increase their competitiveness and have a team of engineers that ensure that their devices perfect fit with the needs of each client.
Technical Specification or Expertise Sought
They are looking for a partner involved in the medical devices field, engineering materials, biomaterials, or health care field in general
Stage of Development
  • Already on the market
Sustainable Development Goals
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 3: Good Health and Well-being
IPR status
  • Secret know-how

Partner Sought

Expected Role of a Partner
They are actively seeking strategic partners who are already established in the market or are looking for new business opportunities to further increase sales. They are reaching out to businesses and non-governmental organizations or governmental organizations with the purpose of actively marketing and selling their products in their markets, providing new solutions to health issues with their medical devices.

General objective of the partnership: To establish strategic alliances that enable the creation of value with entities in the health sector, through the positioning and sale of its products on the international market.

Benefits:
-Knowledge transfer among companies to enhance innovation.
-Increase growth opportunities by gaining access to new markets.
Type and Size of Partner
  • University
  • SME 50 - 249
  • Big company
  • SME <=10
  • R&D Institution
  • SME 11-49
Type of partnership
  • Commercial agreement

Dissemination

Technology keywords
  • 02002013 - Moulding, injection moulding, sintering
  • 06001013 - Medical Technology / Biomedical Engineering
  • 06001012 - Medical Research
  • 06001024 - Medical Biomaterials
  • 06006002 - Bioplastics
Market keywords
  • 05003003 - Surgical implants
  • 05005017 - Dentistry / Odontology, Stomatology
  • 08001009 - Speciality/performance materials: producers and fabricators
  • 05005015 - Orthopaedics
  • 05005014 - Oncology
Sector Groups Involved
  • Health
Targeted countries
  • Spain

Videos

https://www.youtube.com/watch?v=LqLVFRWmVLw
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