TouchMedical

Patch Pump for Drug Delivery

Health Tech & Life Sciences
Non Active, Jan 2024 ceased to operate
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Company Overview

Snapshot

Founded in April 2010, TouchMedical operated with 1–10 employees, developing medical devices. The company ceased operations in January 2024.

Business overview

TouchMedical developed a closed-loop, handle-free syringe medical pump designed to offer a safe, small, easy-to-use, and inexpensive alternative for adults and children requiring daily medication via pumps or syringes. The company's technology focused on improving drug delivery, particularly for conditions like diabetes, by providing a compact and accurate solution. TouchMedical operated within the Health Tech & Life Sciences sector, specifically targeting the Medical Devices and Medical Treatment & Therapeutics markets, with a focus on patients and healthcare providers.

Strategic signal

TouchMedical ceased operations in January 2024, indicating a significant shift in its corporate trajectory. This event signals to investors and innovation teams that the company is no longer active in the medical device market, despite its earlier efforts to develop innovative drug delivery solutions.

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Company Intelligence Q&A

What is TouchMedical's primary focus?
TouchMedical developed a closed-loop, handle-free syringe medical pump designed for safe, small, and inexpensive drug delivery for adults and children.
When was TouchMedical founded?
TouchMedical was founded in April 2010.
What is the current operational status of TouchMedical?
TouchMedical ceased to operate in January 2024.
What markets did TouchMedical target with its products?
TouchMedical targeted markets including China, India, and the United States with its medical pump technology.
What type of customers did TouchMedical serve?
TouchMedical served both B2C and B2B customers, including patients, healthcare providers, and pharmaceutical companies.
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