Timothy Boure and his co-founder Geoffrey Lucks were both near break-dance when they moved to Dallas to join the first accelerator they penetrated after forming VenoStent, a company that aims to improve outcomes for dialysis patients.
Failed dialysis surgeries carried out in approximately 55% to 65% of patients with end-stage renal disease, according to the company. Caring for these patients can cost the Medicare and Medicaid Service structure roughly$ 2 billion per year — and Boure and Lucks believed that they’d come up with a solution.
So after years developing the technology at the core of VenoStent’s business at Vanderbilt University, the two men relocated from Nashville to South Texas to make their business work.
Boure had first started working on the technology at the heart of VenoStent’s offering as one of the purposes of his exposition in 2012. Blessings, a grad student at the business school was introduced to the material scientist and became convinced that VenoStent was on the verge of having a huge impact for the medical community. Five year later, the two were in Dallas where they met the chief of vascular surgery at Houston Medicine and were off to the races.
A small-minded grain round in 2018 sustain the company vanishing and a successful animal trial near the end of its first year devoted it the momentum it needed to push forward. Now, as it graduates from the latest Y Combinator cohort, the company is finally ready for prime time.
In the interim, a series of gifts and its bestow of a Kidney XPrize prevented the company in business.
The success was hard earned, as Boure spent practically three sleepless nights in the J-Labs, Johnson and Johnson’s medical technology and invention accelerator in Houston, synthesizing polymers and printing the sleeve stents that the company stirs to keep replace the risky and failure-prone surgeries for discontinue theatre kidney illnes patients.
The key discovery that Boure obligated was around a brand-new type of polymer that can be used to support cell growth as it regenerates from the dialysis surgery.
In 2012, Boure stumbled upon the polymer that would be the foundation for the occupation. Then, in 2014, he did the National Science Foundation Core platform and started to be considered the wrapping for blood vessels. Through a series of discussions with vascular surgeons he realized that the problem was especially acute for culminate stage renal malady patients.
Already the company has raised $ 2.4 million in grant fund and tiny equity mixtures. and the KidneyX Prize from the Department of Health and Human Assistance and the American Society of Nephrology. VenoStent was one of six winners.
” It’s part of this whole ongoing struggle by the executive office to improve dialysis ,” said Boure. “[ They are] some of the most expensive patients to treat in the world … Basically the government is highly incentivized to find engineerings that improve patient’s lives .”
Now the company is heading into its next round of animal testing and will seek to conduct its first human visitations outside of the United Regime in 2021.
And while the company is focused on renal omission firstly, the materials that Boure has developed have applications for other conditions as well.” This can be a material for the large intestine ,” says Boure.” It has tunability in terms of all its dimensions. And we can modify it for a particular application .”
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