C-Major is aiming to bring to market a unique patented medical device, designed to prevent needle-stick injuries and the subsequent risk of illnesses such as HIV and Hepatitis. The company’s auto-retraction technology aims to disrupt the $5.5bn safety syringe market, which is growing at 9% each year.
A needle-stick injury (NSI) occurs when a needle used on a patient cuts someone else’s skin. A global problem, over 2m people suffer a NSI every year and are at risk of contracting serious blood-borne viruses such as Hepatitis and HIV.
The most effective existing solutions are auto-retracting syringes where stored energy is used to retract the needle as quickly and safely as possible. However, when the needle springs back, it can result in blood splatter, meaning the blood (and any viruses it contains) can spread easily to others. As such, these solutions are used only for injections and not for aspirating (taking blood).
Since starting in 2018, C-Major has undertaken a number of user trials. Our “Controlled Helical Retraction Device” aims to be the first auto-retracting technology on the market for blood collection. The device contains a ‘helical track’ mechanism for controlled acceleration of the needle during retraction as well as a ‘sealed port’ to minimise splatter. This technology is fully patented in target markets and, upon securing regulatory approval, has a broad range of applications.
With the safety syringe market expected to be worth $8.4bn by 2024, we are now raising funds to complete the design for manufacture and assembly process ahead of a Series A round in 2021.