Velico Medical Inc

Velico Medical Inc. is a small company based in Beverly, Massachusetts, with a team of four employees. The company generates an annual revenue of $100 million. Velico Medical is developing a unique spray drying system that transforms liquid plasma into a dry powder form. This innovation allows for easier storage at standard refrigeration or room temperature. When needed, the powder can be swiftly reconstituted and administered to patients experiencing hemorrhaging. The company aims to provide regional blood centers globally with this technology, addressing the critical need for readily available, on-site dry plasma for transfusions. Velico Medical distinguishes itself through its pioneering approach to plasma preservation and delivery. The company's proprietary technology promises to enhance the efficiency and accessibility of plasma transfusions, ultimately saving lives in emergency situations. For more information about Velico Medical Inc. and its mission, please visit velicomedical.com.