Quick-Med Technologies Inc (QMDT)

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Quick-Med Technologies (QMT) medical device company trading under the symbol QMDT, holds the patent and license to technology sold under the name “Stay-Fresh.”

Stay-Fresh is a safe and environmentally friendly antimicrobial textile treatment technology under development for a broad range of applications, including healthcare textiles, commercial uniforms and essential wear.  It maintains “full kill” efficacy even after 75 laundering cycles and is highly effective against drug resistant bacteria – even in cold water laundering.

QMT wants to expand its market share and license its Stay-Fresh technology to private sector companies as well as government buyers including the US military.

Solution

QMT hired Grau & Associates (G&A) to:

develop a federal market analysis for Stay-Fresh; and identify private sector companies whose research and development divisions are willing to independently test the Stay-Fresh technology.

That testing provides unbiased verification of Stay-Fresh’s effectiveness for use with federal buyers and possible direct licenses to the private sector clothing companies.

Results

G&A completed its federal market analysis identifying potential points of entry and is successfully making headway with the private sector research and development divisions of companies like New Balance, Under Armour, and Proctor & Gamble.

G&A’s milestone based fee schedule allows companies like QMT to affordably leverage G&A’s networks and resources and pay for its services only as each milestone is successfully reached.

 

CATEGORIES:DATE: 11 SEPTEMBER 2014CLIENT: QUICK-MED TECHNOLOGIES

http://grauandassociates.com/portfolio-item/quick-med-technologies/