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TraumaCure of Bethesda awaiting decision from Pentagon on buying its WoundStat product
April 11, 2008

Two years ago, the founders of startup TraumaCure of Bethesda drove to Richmond, Va., to see a new wound-healing technique. They liked what they saw.

Today the company says it is prepared to equip every U.S. soldier in Iraq and Afghanistan with WoundStat, a product that’s 100 percent effective at stopping high-pressure bleeding in severe wounds, according to military experts.

Last month the Army Institute of Surgical Research announced that WoundStat was the most effective wound treatment available to stop severe bleeding. The product is a granular mix that comes in a lightweight pouch.

So far, TraumaCure has only a small sales order for WoundStat for special operations units — frontline fighting forces — in the U.S. military.

But the company has raised $5 million in private equity and has already spent most of it developing WoundStat, getting federal approval for it and manufacturing the 200,000 units now in its warehouse, said Chairman Jack McDonnell. ‘‘We could put one unit in the hands of every soldier in Iraq and Afghanistan right now if they want to buy it.”

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