Starfish of Sweden, a medtech company working with solutions for the prevention of pressure ulcers, has been accepted as member of SmiLe. The company is developing a completely new type of product concept to prevent pressure ulcers in healthcare. The innovation also has potential within the automotive and office industries.
Pressure ulcers caused by prolonged pressure on the skin in combination with friction, heat and moisture, are a big problem in healthcare. Despite major investments in preventive care the number of patients affected increase and with a rapidly growing ageing population all over the world, there is a great need for effective solutions.
The cost of pressure ulcers is estimated to be approx. 5% of the total healthcare budget in the European countries and in the United States the corresponding figure is around 11 billion dollars per year. Approximately 80% of these costs fall into the category for preventive measures.
The product is made of a recycled and washable material and has a strong focus on the environment as part of the circular society.
”We are thrilled to be accepted as members of SmiLe. As we are new to the life science industry we look forward to take part in SmiLes business development and industry expertise as well as their impressive network to be able to reach the market faster with our product,” says Jonas Ahlqvist, founder and innovator at Starfish of Sweden.
”We welcome Starfish to SmiLe and look forward to support the company with our broad competence and our network of life science contacts. Pressure ulcers are a big challenge in healthcare and we are excited to follow Starfish journey to the market with their innovative concept,” says Ebba Fåhraeus, CEO of SmiLe Incubator.
For more information about Starfish: Jonas Ahlqvist, founder of Starfish, +46( 0)73 2313632
For more information about SmiLe Incubator: Ebba Fåhraeus, CEO of SmiLe Incubator, +46 (0)73 4000433, email@example.com
SmiLe Incubator is a life science business incubator based in Medicon Village in Lund. SmiLe helps entrepreneurs to commercialize their ideas. There are currently more than 20 companies in SmiLe, which together with alumni companies, have attracted more than EUR 280 million in venture capital to date since 2014. SmiLe offers business coaching, a large network of contacts and a dynamic community, as well as well-equipped laboratories which is unique of its kind in Sweden. SmiLe is a non-profit organization and receives basic funding from Region Skåne, Lund Municipality, Lund University and Medicon Village. SmiLe´s sponsors are Agilent, Sparbanken Skåne, Awa, Høiberg, Prevas, Setterwalls, Zacco, Aqilion. SmiLe’s listed alumni companies have a market capitalization of almost EUR 750 million (Q4 2019). www.smileincubator.life