BioMendics lines up $7M, tests wound-healing gel

Story excerpt provided by Crain’s Cleveland Business.

Written by Chuck Soder.

Karen McGuire described it as an “oh my goodness” moment.

A few years ago, she received the results of an experiment designed to test whether the gel that she and her colleagues created might actually be able to heal wounds.

And the results were good: The mice in the experiment received wounds that would typically take 14 days to heal. But when the liquid crystal-based gel was applied, the wounds closed in five to seven days, McGuire said. That’s when she decided to approach her colleagues about starting a business.

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Originally published September 4, 2016.