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Wound Management Technologies (OTCBB: WNDM) Reports Revenue Increase of 33.5%; Posts Evidence-Based Studies for CellerateRx; and Business Update
Date:11/23/2009

process of monetization.

  • Acquired Resorbable Orthopedics LLC, a private company, in an equity transaction. Through the acquisition the Company acquired patented technologies including a resorbable bone wax and a delivery system for orthopedic bone void fillers, among others.
  • Acquired BioPharma Management Technologies, Inc., a privately held biotechnology company, in an equity transaction. Through the acquisition the Company increased its platform of proprietary and patented technologies focused on the topical pain management and resorbable orthoses marketplace.

Technology Incubator Program

The Company announced that its BioPharma Management division expects to release news concerning its Technology Incubator Program shortly. The Company is in conversions with potential partners that can significantly advance the value of our technology relationships (including its license with VirtualHealth Technologies, Inc. for its Cifra secure healthcare platform) and other partnerships that have been previously announced.

With a synergistic focus on diabetic community the Company believes it is well positioned to provide further value to the medical community through its suite of technology relationships while further enhancing the fundamental value of the Company.

Public Company and Market Exposure Advancements

The Company is focused on increasing the market visibility and market exposure of the Company. With the achievements the Company has demonstrated over the last nine months and the goals that the company has set for 2010 we believe it would be a solid time to increase the exposure within the public markets. The increase in shareholder's equity was a major step forward in meeting the necessary requirement for listing on a national exchange during 2010, which the Company plans to work towards.

About Wound Management Technologies, Inc.


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Related medicine technology :

1. Reportlinker Adds The Future of the Wound Care Management Market to 2015
2. Filtrona Porous Technologies Realizes Innovative New Product Development Through Foam-Fiber Technology Synergy : Introducing MediSponge(R) RBR Wound Care Dressings
3. Tamaulipas Comparative Wound Healing Test Treatment Successfully Concluded
4. Wound Management Technologies (OTCBB- WNDM) Signs Biotech Agreement With Biocure S.r.l. of Milan, Italy
5. Derma Sciences Announces Multiple Clinical Presentations of MEDIHONEY(R) at Upcoming Major Wound Care Conference
6. Wound Management to Participate at Save A Leg, Save a Life Foundation National Conference
7. Wound Management Technologies Acquires Resorbable Orthopedics
8. Cardium Reports Non-Healing Wounds Continue to Challenge Patients and Healthcare Providers
9. New Data Supports ConvaTec Negative Pressure Wound Therapy
10. New Powder Speeds Healing of Difficult Foot Wounds
11. Clinician Reports Fast Healing of Intractable Wounds Using MEDIHONEY(R)
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