We fundamentally improve the production efficiency of drug encapsulation by taking a bottom-up rather than top-down approach with microfluidics.
Stage
Product In Development
Industry
Chemicals and Chemical Products
Location
Philadelphia, PA, US
Currency
USD
Founded
October 2015
Employees
4
Company Summary
Our product acts as an entire encapsulation facility in just a single chip. We reduce their cost from $25 per dose to 50¢ per dose. Drug production goes from 5 days per batch to 12 hours, greatly increasing profit margins. We’ll get consistent chip sale revenue during the drugs' lifecycles. We'll mark up orders of magnitude with value-based pricing and can sell multiple chips to each pharmaceutical company for every drug they want encapsulated.