- Early StageStartup in initial stages
- Website
- Location
- Company size
- 1-10 people
- Total raised
- $27K
- Company type
- Startup
- Market
Fosmo Med careers
Fosmo Med Introduced Maji™, a Forward Osmosis (FO) based field hydration solution for intravenously use (IV), to be created using any water at the point of care. The IV bags are shipped sans water, thus: reduce the shipping cost up to 75% or more; increase the product shelf life; reduce storage costs; and, reduces the risk of scrap due to leakage. For a product that costs less than a $1 to produce, often the logistical cost of shipping can be up to 10x the product cost in the US and multiple of that overseas.
That's one of primary reasons why US with 370 million people consume 51% of the overall products, while places like Asia with over 4.2 billion people uses less than 12% of the total consumption. Because of the difficulty in shipping this critical life saving devices, often people will die from dehydration related diseases like Cholera.
We have conducted tests at labs to prove the technology works. We have strong patents applied in 2013. We have clear paths defined for FDA/CE.
That's one of primary reasons why US with 370 million people consume 51% of the overall products, while places like Asia with over 4.2 billion people uses less than 12% of the total consumption. Because of the difficulty in shipping this critical life saving devices, often people will die from dehydration related diseases like Cholera.
We have conducted tests at labs to prove the technology works. We have strong patents applied in 2013. We have clear paths defined for FDA/CE.
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Ben Park, MBA
Founder & CEO of @Fosmo Med. Two previous exits. Co-founder of Scentric, sold to Broadcom, first non-engineer hired at Infrant Tech., sold to Netgear.
Debbie Morris
Co-founder @Fosmo Med • Strong leadership, risk management and communication skills. Patient/Customer focus. Worked at @Polyremedy and @Neoforma.
Total raised
$27K
Funded over
2 rounds
Latest round
Seed (May 2013)
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