Velico Medical, Inc.

Velico Medical, Inc. is a clinical-stage medical technology company based in Beverly, Massachusetts. The company specializes in developing innovative blood and plasma products aimed at reducing preventable deaths caused by bleeding. With over 20 years of experience, Velico focuses on enhancing the usability, accessibility, and shelf life of specialized blood products. The flagship product, the FrontlineODP™ System, is a novel dry plasma manufacturing system designed for deployment in blood centers worldwide. It produces FrontlineODP™ (On Demand Plasma), a spray-dried plasma product that can be quickly rehydrated at the point of care. This technology is particularly beneficial in pre-hospital settings, such as ambulances and military environments, where conventional plasma may not be readily available. The system includes components like a plasma pretreatment container, a drying chamber, and a sealing mechanism, all designed to ensure efficient production and storage of dry plasma units. Velico Medical collaborates with blood centers and healthcare providers to enhance the integration of its technology into blood component production, emphasizing ethical conduct and a commitment to saving lives through innovative solutions.

• Employees 44
• Founded 1991
• Annual Revenue $5800000
• Total Funding $19000000