Products/Indications
Indications
Wounds
In the United States and Europe, revenues in the wound care market continue to increase due to increased rates of obesity, diabetes, an aging population and improved access to health care, according to a report by Rodman & Renshaw, which also estimates the market is $15 billion per year. Chronic, non-healing wounds are prevalent and costly. More...
Traumatic Brain Injury
According to the Department of Defense Personnel and Procurement Statistics, 75% of all U.S. military casualties of Operation Enduring Freedom and Operation Iraqi Freedom are caused by explosive weaponry, resulting in TBIs and blast-induced neurotrauma, which have been called the “signature wounds” of these wars. They estimate that TBI accounts for about 22 percent of all casualties. More...
Decompression Illness
Decompression Illness (DCI), commonly known as “the bends”, is a serious condition that results from a reduction in the ambient pressure surrounding a body. A good example is what happens when a diver surfaces too quickly without giving his/her body a chance to acclimate to the change in pressure when they ascend. More...
Dermatology
It is well documented that oxygen has healing properties. Oxygen skin care is based on the premise that stable natural oxygen increases skin cell metabolism. More...
By DAVID RANII
Posted on Wednesday, Jan. 25, 2012
After a tumultuous year that featured the dismissal of its CEO, drug-development company Oxygen Biotherapeutics is starting 2012 in its best financial shape in years.
The small, publicly traded Morrisville company turned a financial corner at the end of last year when it sold $7.5 million in preferred stock and warrants to institutional investors. The company received $3.5 million in December, with the second installment expected midyear.
In the past, Oxygen Bio has raised money that would carry it forward for about six months, but this was a richer deal. More...