IHLD MedTech receives investment of $3 million
India, June 17 -- As India grapples with a growing burden of diabetes and chronic wounds, a network of specialised wound-care Centres of Excellence is set to be rolled out across the country over the next two to three years, offering integrated diagnosis, treatment and long-term monitoring for patients with chronic and non-healing wounds.
The centres are being developed under the Wound Heal Plus initiative of IHLD MedTech, which has received an initial investment tranche of US$3 million from Singapore-listed Ultra-Green.ai, with the potential for additional investments that could increase the total investment to up to US$12 million, subject to mutually agreed milestones and other agreed conditions. The funding will support the expansion ...
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