Bengaluru-based healthcare start-up Axio Biosolutions' innovative "smart bandage" that stops profuse bleeding within a few minutes was showcased in Israel during Prime Minister Narendra Modi's historic visit to the country which concluded on Thursday, the makers of the product said.
The product, Axiostat, which is being extensively used by Indian armed forces and para-military forces and at various conflict zones across 75 battalions, was appreciated by the leaders of both the countries, the company said.
It has supplied 25,000 to 40,000 units to the Indian armed forces across 75 battalions.
"It was a proud moment for us to have been acknowledged for our innovation by the leaders of the two countries. Our aim is to make Axio a global name in the haemostat space and ensure that our commitment to 'save lives' reaches people across the globe," said Leo Mavely, Founder, Axio Biosolutions.
Axiostat is a sponge-like dressing made using a biomaterial platform based on 100% chitosan technology that works on charge interactions between negatively charged blood components and positively charged Axiostat.
Made of chitosan, a naturally occurring polymer found in shellfish, this smart bandage is "India's first trauma haemostat", according to a company statement.
"Axio was the only defence med-tech company from India to be invited to be part of the PM's delegation," the statement added.
Axio comes in three different variants.
The emergency variant is used in ambulances, road accidents and trauma centres. It stops moderate to severe bleeding due to cuts, abrasions, lacerations, and venous or arterial bleeding.
Second is the vascular variant that can be used to stop bleeding during vascular procedures, where bleeding can be stopped within five minutes compared to traditional compression methods that can take up to 30-40 minutes.
And the final variant is the dental one, which is its smallest product designed to optimally fit into a bleeding cavity and control severe bleeding during dental procedures.
The pricing differs for every segment but the per-unit cost varies from Rs 75 for the dental variant to Rs 3,000 for the military variant.
Axiostat is present in 12 countries and is also being used by hospitals in ambulances and emergency care/trauma units.
It is being used by defence forces, paramilitary forces and armies across India, the Middle-East and Europe. It was also used in the Russia-Ukraine war front in 2014.
Concluding his visit to Israel, the Indian Prime Minister on Thursday left for Hamburg, Germany, to attend the G20 Summit.
(With IANS inputs)