DC Medical
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DC Medical - overview
Established
2018
Location
Seoul, -, South Korea
Primary Industry
Medical Devices & Equipment
About
Founded in 2018, and based in South Korea, DC Medical operates as a medical technology company. In 2020, the company raised USD 10 million in a series A investment round led by Korean venture capital funds. As of 2022, the company is led by its CEO Dabriel Choi. DC Medical runs a technology commercialization platform that follows the NRDO (non-research, development only) business model, which entails working with other companies to commercialize patented technologies and produce market-ready medical products.
Its product portfolio includes Symimetic, an alternative to polypropylene mesh that can be used to treat stress urinary incontinence, pelvic organ prolapse, and hernias; EveryBaby, a preterm birth easier-to-use handheld diagnostic device; CryoFix, an atrial fibrillation surgical catheter; and finally, OPSL, an Organ Preservation Solution. The company expects its revenue to exceed USD 8. 7 million in 2024 and USD 21 million in 2025, with revenue expected to grow at a 35. 4 percent compound annual growth rate through 2033 as its market expands.
DC Medical plans to perform a multi-clinical study for its preterm birth diagnostic device in the United Kingdom, Dubai, South Korea, and Israel, and launch its technology into the worldwide market by 2023.
Current Investors
Brightstar Partners
Primary Industry
Medical Devices & Equipment
Sub Industries
Medical Devices & Equipment, Medical Software
Website
www.dcmedical.co.kr
Verticals
HealthTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
DC Medical - employee data
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