Company Overview
Snapshot
Founded in April 2010, TouchMedical operated with 1–10 employees, developing medical devices. The company ceased operations in January 2024, after having raised $58.5K across one funding round.
Business overview
TouchMedical developed a closed-loop, handle-free syringe medical pump designed to provide a safe, small, easy-to-use, and inexpensive alternative for adults and children requiring daily medication delivery. The company's core technology focused on syringe-based drug delivery, particularly beneficial for pediatric patients due to its small size and high accuracy. TouchMedical operated within the Health Tech & Life Sciences sector, specifically targeting the Medical Devices and Medical Treatment & Therapeutics markets, serving healthcare providers, patients, and pharmaceutical companies across geomarkets including China, India, and the United States.
Strategic signal
TouchMedical ceased operations in January 2024, indicating a significant shift in its corporate trajectory. This closure signals to investors and innovation teams that the company's patch pump technology for drug delivery is no longer actively being pursued, marking the end of its development and market efforts.
Company Intelligence Q&A
- What is TouchMedical's primary product?
- TouchMedical developed a closed-loop, handle-free syringe medical pump designed for safe, small, and accurate drug delivery for both adults and children.
- When was TouchMedical founded?
- TouchMedical was founded in April 2010.
- What is the operational status of TouchMedical?
- TouchMedical ceased to operate in January 2024.
- What was the total capital raised by TouchMedical?
- TouchMedical raised a total of $58.5K across one funding round.
- What markets did TouchMedical target?
- TouchMedical targeted geomarkets including China, India, and the United States with its medical pump technology.