Arbutus Medical received an investment of $1.13 million to support the development of TrakPak, a complete single-use procedure kit for skeletal traction with everything a surgeon needs in one place, pre-sterile, ready to use at the bedside. The kit may save orthopedic trauma teams upwards of 45 minutes of preparation time per procedure.
Arbutus Medical adapts DEWALT power tools into sterile surgical drills for hospitals and field settings. The company has developed methods to create a sterile enclosure around a nonsterile power drill so it can be safely used in surgery. This technology means that hospitals do not need to sterilize a drill between surgeries, providing a significant cost advantage compared to conventional sterilizable drills. The system has been cleared by FDA and Health Canada. TrakPak is the company’s first complete procedure kit to include their novel drill technology.
“We are setting a new standard of care for skeletal traction,” says Lawrence Buchan, Chief Executive Officer at Arbutus Medical Inc. “The current workflow for these procedures takes a very long time, frustrates staff, and slows down treatment for someone with a horrible injury.
“The TrakPak® skeletal traction procedure kit eliminates this problem and delivers a better solution for patients, providers, and the hospital’s bottom line. This financing will allow us to launch the next generation of TrakPak in 2023 and rapidly scale up.”
Arbutus Medical received an investment of $1.13 million to support the development of TrakPak, a complete single-use procedure kit for skeletal traction with everything a surgeon needs in one place, pre-sterile, ready to use at the bedside. The kit may save orthopedic trauma teams upwards of 45 minutes of preparation time per procedure. ...
Arbutus Medical received an investment of $1.13 million to support the development of TrakPak, a complete single-use procedure kit for skeletal traction with everything a surgeon needs in one place, pre-sterile, ready to use at the bedside. The kit may save orthopedic trauma teams upwards of 45 minutes of preparation time per procedure.
Arbutus Medical adapts DEWALT power tools into sterile surgical drills for hospitals and field settings. The company has developed methods to create a sterile enclosure around a nonsterile power drill so it can be safely used in surgery. This technology means that hospitals do not need to sterilize a drill between surgeries, providing a significant cost advantage compared to conventional sterilizable drills. The system has been cleared by FDA and Health Canada. TrakPak is the company’s first complete procedure kit to include their novel drill technology.
“We are setting a new standard of care for skeletal traction,” says Lawrence Buchan, Chief Executive Officer at Arbutus Medical Inc. “The current workflow for these procedures takes a very long time, frustrates staff, and slows down treatment for someone with a horrible injury.
“The TrakPak® skeletal traction procedure kit eliminates this problem and delivers a better solution for patients, providers, and the hospital’s bottom line. This financing will allow us to launch the next generation of TrakPak in 2023 and rapidly scale up.”
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