BandGrip Company Research Report
Company Overview
Name and Mission of the Company
BandGrip
Mission: Based in Chicago, BandGrip was founded in 2015 with the goal of developing a faster, easier, and less invasive way to safely close wounds. The company aims to improve closure time, ambulation, and minimize scarring through medical innovation.
Founding Details
- Founded: 2015
- Founders: Keith D. Hoglund and Thomas W. Pruter
Key People
- Jeffrey M. Willis: CEO, Board Member
- Joined as CEO in February 2023, with 25+ years in the medical device industry. Background with Advanced Medical Solutions Group and roles in Kimberly-Clark Corporation and Abbott Laboratories.
- Keith D. Hoglund: Founder, Board Member
- Experience in venture capital projects and co-founder of RathunasTrading.
- Thomas W. Pruter: Founder, Board Member
- Involvement in startup companies and co-founder of NeoTek Software.
Headquarters
- Location: Chicago
Number of Employees
- No information is available.
Revenue
- No information is available.
Company Known For
BandGrip is known for its innovative wound closure solutions, primarily the BandGrip® Micro-Anchor® Skin Closure.
Products
BandGrip® Micro-Anchor® Skin Closure
- Description: A sterile, breathable, hypoallergenic adhesive bandage and medical device made of conformable reinforced micro-porous, non-woven material.
- Key Features:
- Heals wounds 50% faster
- Allows application by a wide range of healthcare professionals
- Reduces infections and adapts to patient swelling
- DIY patient removal and telehealth options available
- Supports patient ambulation and enhances recovery experience
- 10 patents pending/provisional
Recent Developments
New Products and Features
- Instant Stitches™:
- Designed to close deeper and longer open wounds
- Can be customized to size for ease of use
Partnerships and Innovations
- No information is available on new partnerships.
This report is based on available information regarding BandGrip and aims to provide a comprehensive view of the company, its products, and recent developments.