Wize Lite Technologies

Company Overview

Snapshot

Founded in January 2023, Wize Lite Technologies operates with 1–10 employees. The company has raised $120K across two funding rounds, developing a wearable UV phototherapy medical device. The device has a patent pending and meets FDA standards for efficacy, positioning it for clinical use.

Business overview

Wize Lite Technologies develops wearable medical devices utilizing UVB phototherapy, primarily targeting dermatologists and their patients. The company's core product is a custom-configurable device designed for home use, offering a comfortable, convenient, and safe alternative to clinical office units for treating skin diseases like psoriasis. Wize Lite Technologies operates within the Health Tech & Life Sciences sector, specifically focusing on Medical Devices and Medical Treatment & Therapeutics, serving the healthcare industry with a B2B and B2C business model.

Company Intelligence Q&A

What is Wize Lite Technologies' primary product?

Wize Lite Technologies has developed a functioning prototype of a wearable UV phototherapy medical device. This device is custom-configurable for home use, aiming to provide a comfortable, convenient, safe, and effective treatment option comparable to clinical office units.

What is the target market for Wize Lite Technologies' device?

The target users for Wize Lite Technologies' device are dermatologists and their patients suffering from medium to severe psoriasis and other skin diseases for which phototherapy is prescribed. The primary customers include dermatologists, clinics, and HMOs.

What is the current development stage of Wize Lite Technologies' product?

Wize Lite Technologies' product is currently in the clinical trial stage. The company has a functioning prototype of its wearable UV phototherapy medical device.

Has Wize Lite Technologies secured any intellectual property for its device?

Yes, Wize Lite Technologies has a patent pending for its wearable UV phototherapy medical device. The device also meets FDA standards for efficacy.

When was Wize Lite Technologies founded?

Wize Lite Technologies was founded in January 2023.