Startup company Medow has entered into an agreement with global medical device company Baxter, which will thereby include Medow’s IV bracelet in its product catalog for distribution starting in Sweden. Medow is a company in the SmiLe business incubator, which is located in Medicon Village in Lund, Sweden.
Medow has developed an IV bracelet, a wristband that effectively ensures that intravenous tubes remain in place when used for functions such as dialysis or intravenous therapy. Tubes are usually held in place with just tape, which can be an unreliable method and may feel uncomfortable.
The agreement with Baxter gives the right at this time to distribute Medow’s wristband in Sweden. The rights are not exclusive, and Medow has previous agreements with other companies in Sweden, Denmark and Norway.
“We see great potential in this agreement and hope that it can lead to more. We are pleased that this agreement will provide more patients with the opportunity to experience the benefits of using the IV bracelet,” says Frida McCabe, co-founder.
The IV bracelet has been developed to be easy to use, provide secure attachment for up to three tubes and feel comfortable for the patient. Its cheerful color is also meant to brighten the hospital environment.
For more information, please contact: Frida McCabe, co-founder and product developer, +46 (0)703 327559, email@example.com; or Linn Wrangmark, co-founder and product developer, +46 (0)707 816012, firstname.lastname@example.org
SmiLe enables a future of better healthcare by building a community of world-class life science innovators. Located in Medicon Village, a life science cluster in Lund, Sweden, SmiLe facilitates startups looking to develop next-generation healthcare and life sciences technologies. By bringing together life-science entrepreneurs, investors, scientists, the university and the municipality, we create an attractive, forward-thinking atmosphere that enables creativity and smart science to thrive. Being a not-for-profit organization gives companies the security of knowing that we work only in the interests of the entrepreneurs we sponsor.