Perfusion Medical is commercializing PM-208, a patent-protected drug addressing acute kidney injury and cardiac bypass dysfunction. It was supported by $19 million in federal funding from the U.S. Department of Defense and the National Institutes of Health. The drug features a simple formulation and mechanism, and a strong pre-clinical safety profile.
Developed by Dr. Jonathan Isaacs, professor and chair of VCU’s Division of Hand Surgery, Nerve Tape is a groundbreaking biologic wrap designed to simplify and enhance the repair of severed peripheral nerves. It reduces surgical time and lowers costs, while improving the quality of care and it has applications in orthopedic, reconstructive, and other surgeries. Funded by the National Institutes of Health, the product was featured in the 2024 Congressional Budget Justification for the National Institute of Neurological Disorders and Strokev, highlighting it as an example of impactful federally funded research.