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Sanara MedTech Inc. (SMTI)

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Last Post: 1/23/2021 7:00:00 AM - Followers: 16 - Board type: Free - Posts Today: 0



Wound Management Technologies, Inc. is an emerging commercial stage company with its primary products in the $5B worldwide advanced wound care market. Wound Management's primary focus is the distribution of its unique, patented collagen product, CellerateRX®, which is FDA cleared and reimbursable under Medicare Part B. Wound Management has other advanced biotech products in development including a patented resorbable bone wax line that is in late stages of development, as well as a subsidiary focused on technology for secure healthcare communications, data collaboration and storage.

Rapid revenue growth is projected from our leading FDA cleared CellerateRX wound care products, which recent market and clinical validations show to be clinically cost effective with broad uses. CellerateRX has a competitive proprietary feature and performance advantages over other collagen-based products. It is available in powder (95% collagen) and gel (65%) forms that don't need special handling (like refrigeration). It is active in all 4 phases of wound healing. As CellerateRX revenues grow, the company is positioned to become cash flow positive and profitable in 12-18 months.

CellerateRx Activated Collagen targets a multi-billion dollar domestic and international wound care market with over 60% profit margins. A large part of the growth in the wound care markets is from diabetic ulcers.  In people with compromised health or circulation, the difference in wound healing can be significant. You can read through numerous evidence-based studies on the www.celleraterx.com website.

Wound Management Activates Orthopedic Business; Partner Chosen to Develop Products Based on its Patent; Initial License Fee Received

FORT WORTH, Texas, November 11, 2011 PRNewswire-FirstCall -

Wound Management Technologies, Inc., (OTCQB: WNDM | WNDM.PK) a leading innovator in advanced wound care solutions, today announced that its subsidiary, Resorbable Orthopedic Products, LLC, has entered into a Development and License Agreement with Newport Beach, CA-based BioStructures, LLC to develop products for bone remodeling in the human skeletal system based on ROP's patent.  BioStructures has paid ROP an initial $100K licensing fee and the agreement calls for ROP to receive additional license fees as well as royalties on sales throughout the life of the patent.  Under this contract, minimum royalties will begin in 2013 and last until 2023. Initial commercial sales from this business are expected in 2013.

"This transaction allows us to combine our portfolio of proprietary biomaterials with a patented resorbable wax carrier.  The combination of these products will further enhance the dynamic product lineup of BioStructures," said Russell Cook, CEO of BioStructures, LLC.

"We are pleased to have reached a license agreement with BioStructures to develop many of the orthopedic products related to Resorbable Orthopedic Products' patent on resorbable bone wax and bone void fillers. This agreement is the first commercial agreement for our subsidiary ROP and marks the start of a second product line for WNDM," said Deborah Hutchinson, president of Wound Management Technologies.  "We believe that BioStructures is the right partner to develop and market these important orthopedic products and we look forward to strong success of these products in the marketplace."

ROP's patent was developed by WNDM advisor Barry Constantine and his associates and was acquired by WNDM in 2009. Mr. Constantine will oversee ROP's development responsibilities with BioStructures.  "Commercialization of the BioStructures product containing the ROP technology in addition to the development and commercialization of other embodiments within the ROP patent advances the practice of orthopedic surgery," said Barry Constantine. "We are excited to see our technology move into product development with BioStructures."

Resorbable Orthopedic Products may commercialize additional products covered by the patent, including a resorbable orthopedic hemostat (resorbable bone wax), a resorbable orthopedic hemostat antimicrobial dressing and products for the veterinary market.


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SMTI News: Sanara MedTech reports FY results 03/31/2021 10:45:23 AM
SMTI News: Annual Report (10-k) 03/30/2021 05:09:52 PM
SMTI News: Current Report Filing (8-k) 02/23/2021 09:02:34 AM
SMTI News: Prospectus Filed Pursuant to Rule 424(b)(5) (424b5) 02/16/2021 05:05:48 PM
SMTI News: Sanara Medtech slumps 32% on capital raise 02/12/2021 09:58:33 AM
#1218   Anyone following this company? Seems like they are cjlct123 01/23/21 07:00:00 AM
#1217   SMTI moved to the Nasdaq from the OTC: Renee 11/02/20 06:36:32 PM
#1216   Well that was a fun ride to 20. toddski 04/24/20 06:25:55 PM
#1215   Some individual or entity just put $ 45,000.00 PithicusKong 12/13/19 10:18:18 AM
#1214   I would agree.....A company cannot grow without investment..." PithicusKong 11/16/19 09:10:08 AM
#1213   Significantly upped net loss, however they invested heavily toddski 11/15/19 01:34:49 PM
#1212   Any opinions on the 10 Q? PithicusKong 11/15/19 08:42:53 AM
#1211   Considering where this stock has come from in PithicusKong 11/13/19 11:14:36 AM
#1210   Looking good going forward here with that $ imo...GL Golden_Cross 10/23/19 02:43:07 PM
#1209   Market Beat Insider Trades, Tuesday Oct 22, 2019 PithicusKong 10/23/19 02:01:55 PM
#1208   News - Sanara MedTech Inc. Announces Closing of Golden_Cross 10/16/19 09:11:41 AM
#1207   I know growth is expensive, and sales are Harvick 08/19/19 08:38:13 AM
#1206   SMTI- BULLISH BUT WAIT FOR $10 TO GO LONG TFMG 08/11/19 01:20:27 PM
#1205   Today also.....the trend is our friend. PithicusKong 08/08/19 09:53:22 PM
#1204   Nice little bump today! Harvick 08/06/19 04:36:13 PM
#1203   BEWARE....the devil is on the bid at $ PithicusKong 07/22/19 09:54:22 AM
#1202   IHub still doesn’t recognize the SMTI symbol so Harvick 07/05/19 03:16:38 PM
#1201   What is also wired is E-Trade is showing Harvick 07/05/19 01:39:00 PM
#1200   Why does no one here want to actually toddski 07/03/19 02:16:13 PM
#1199   Thus company is so weird. They increased a toddski 06/29/19 04:46:20 PM
#1198   Someone did a tidy little trade early last PithicusKong 06/15/19 08:58:55 AM
#1197   Effective June 7,2019 WNDMD will change to SMTI: Renee 06/06/19 09:26:53 AM
#1196   Really not too bad of a report. 2.49M toddski 05/20/19 08:17:41 PM
#1195   Some good news this AM....three new products in PithicusKong 05/17/19 09:35:18 AM
#1194   Thank you! Harvick 05/13/19 06:17:40 PM
#1193   I messaged Charles Schwab today and they are Tanker12 05/13/19 06:08:17 PM
#1192   Can anybody see the new ticker on IHub? Harvick 05/13/19 04:55:46 PM
#1191   Mine were converted on Friday. Harvick 05/13/19 04:15:34 PM
#1190   Has anyone had their shares converted yet. I Tanker12 05/13/19 12:42:24 PM
#1189   WNDM: effective May 10,2019 Wound Management Technologies Inc. Renee 05/09/19 09:45:34 AM
#1188   .01 incoming. 420man 05/09/19 07:38:32 AM
#1187   Thank you Tanker12 05/09/19 07:10:37 AM
#1186   1:100 R/S Tomorrow, per FINRA: https://otce.finra.org/otce/dailyList davidsson10 05/09/19 05:32:47 AM
#1185   I would agree. The volume has dropped to Tanker12 05/08/19 01:28:45 PM
#1184   I think everyone is waiting for the reverse Harvick 05/07/19 04:39:09 PM
#1183   Does this stock still trade??? BIGHUNGRY 05/07/19 11:40:22 AM
#1182   Thanks! Hopefully it will stock or better yet Tanker12 05/03/19 11:38:10 AM
#1181   There is your .06! Hope nobody drives it Harvick 05/03/19 09:34:49 AM
#1180   Thank you to who ever bought 500 shares Tanker12 05/02/19 10:41:23 AM
#1179   I would feel better if the price was Tanker12 04/30/19 03:29:13 PM
#1178   Not today! I wonder what the hold up Harvick 04/30/19 12:16:09 PM
#1177   The trading volume has almost stopped! I guess Tanker12 04/29/19 12:57:03 PM
#1176   I tried...but somebody keeps driving it back down?!?! Harvick 04/25/19 01:26:41 PM
#1175   Somebody is trying to help move the price Tanker12 04/25/19 10:19:23 AM
#1174   Does any know what the date is for Tanker12 04/23/19 01:10:27 PM
#1173   I threw a little more at it at Harvick 04/18/19 03:57:39 PM
#1172   I guess no one has anything to say Tanker12 04/18/19 01:32:59 PM
#1171   I would have to agree. It sure seems Tanker12 04/15/19 05:18:29 PM
#1170   After yesterday trading it looks like somebody wants Harvick 04/12/19 07:08:35 AM
#1169   These guys lost over $500,000 in the toddski 04/07/19 09:12:04 PM
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