DURHAM,
N.C., May 21, 2024 /PRNewswire/ -- Deep Blue
Medical Advances announced today it has received the Luis Villalobos Award – Life Sciences from the
Angel Capital Association (ACA), a professional association of more
than 15,000 accredited angel investors and 250 angel groups,
accredited platforms and family offices across North America.
This award recognizes the most ingenious and innovative ideas
recently financed by members of the Angel Capital Association. Only
two Luis Villalobos Awards are given each year – one in the
Technology category and one in the Life Sciences category. The
award honors Luis Villalobos,
who founded the Tech Coast Angels, one of the largest and most
respected angel organizations in the world. Award winners are
startups recognized at the annual Summit Meeting each year for
their strong track record of world-changing, best-in-class
innovation and growth.
Award winner Deep Blue Medical is transforming soft tissue
surgery by developing next generation surgical devices to
prevent soft tissue surgery failure. In the USA each year, 11% of 5M abdominal surgical site closings go on to
become hernias requiring repair. Further, ~600K+ abdominal
hernia repairs suffer from a 32% long-term failure rate with a
$10B annual cost. This failure in
soft tissue surgery due to suture pull-through of tissue or mesh
("cheesewiring") is unacceptably common, and is directly related to
a lack of fast, reliable reinforcement that reduces tissue stress.
It's very painful for the patient and leads to recurrence and
re-operation. Deep Blue Medical's soft tissue surgery platform
utilizes mesh extension sutures that distribute and reduce tension
at the surgical site to reduce cheesewiring, reduce pain, and
provide a quick, convenient surgical approach.
The Luis Villalobos Award was
received by the Deep Blue Medical CEO, Bill
Perry, at the 2024 ACA Summit in Columbus, OH, on May
13. Says Perry, "We are honored to have received this
prestigious award, and grateful to our supporters. If we are
reaching new heights, it is because we are lifted up by our
clinicians and investor partners, the lifeblood of the
company."
Also in attendance at the Summit was surgeon-inventor
Howie Levinson: "As a surgeon, I can
help one patient at a time, but as an inventor I am deeply
gratified to witness how an innovative platform can be developed
and leveraged to help many more patients find relief and
healing."
About Deep Blue Medical Advances: Established in
2015, Deep Blue Medical Advances is transforming soft tissue
surgery by developing and launching next generation surgical
devices for optimal tissue tension, reinforcement, and defect
closure. Our portfolio includes T-Line® Hernia Mesh and
additional hernia and surgical products in development.
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SOURCE Deep Blue Medical Advances, Inc.