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Remedium Technologies Wins Most Promising Security Idea at Global Security Challenge 2009 with Blood-Clotting Foam
Date:11/25/2009

COLLEGE PARK, Md., Nov. 25 /PRNewswire-USNewswire/ -- Remedium Technologies Inc., a company developing a shaving cream-like foam that stops severe bleeding, won first prize and $10,000 in the Most Promising Security Idea category of the Global Security Challenge 2009, company officials announce today.

Selected from more than 100 entries from around the world, Remedium's team pitched their invention at the GSC Security Summit conference held at the London School of Business.

Remedium (www.remediumtechnologies.com) is developing a high-pressure foam that can be sprayed into an injured body cavity, adhering to tissue and rapidly stopping bleeding as it expands.

"The summit was an outstanding event and an invaluable opportunity for us," says Matt Dowling, CEO of Remedium Technologies and a doctoral student in the Fischell Department of Bioengineering. "We are truly honored to have won our category and are more determined to turn our idea into a commercial reality as quickly as possible. We truly believe our sprayable hemostatic foam will have an enormous impact on global security and will save many lives in the future."

Remedium's hemostatic (blood-clotting) foam is a new product for the company, which is also developing a patent-pending, Velcro-like sponge and a spray, both of which stop hemorrhaging. Pre-clinical testing is underway for both products.

"Our new product is similar to a can of shaving cream -- you spray it into a wound, it becomes an expandable foam, fills the space, and stops the bleeding without using any pressure," says Dowling. "It doesn't require any special training to use, so it can be distributed to soldiers, paramedics, or civilians for emergency or mass-casualty situations. There are currently no products available to effectively treat non-compressible injuries."

Remedium's team includes CTO and
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