MedicaMetrix® is a Delaware company that produces urological medical devices with demonstrated “comparative effectiveness”, i.e., that reduce the cost of healthcare, while improving clinical outcomes.
MedicaMetrix’s first product, ProstaGlove®, enables the quantitative measurement of prostate size that will become the new “gold standard” for prostate exams and prostate cancer diagnosis. ProstaGlove enables the measurement of prostate volume which can be used to calculate PSA Density (“PSAD”) a much more effective marker for determining which men with elevated PSA should have a prostate biopsy.
MedicaMetrix plans to conduct manufacturing on an outsourced basis, retaining the quality control and product development functions. The company has an engineering and manufacturing support arrangement with Product Resources, Inc., and has entered into a Letter of Intent with Vystar Corporation, to utilize its natural rubber latex (NRL) product, Vytex, into ProstaGlove, with Vystar providing gloves for the company’s clinical trials. The company will seek sales and distribution partnerships to conduct sales of ProstaGlove. For Regulatory Strategy, MedicaMetrix is working with a Waltham, MA based CRO, Care-Safe, and for Reimbursement / Coding strategy, we are working with the Pinnacle Health Group
Site last updated: 10/16/2014
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