Our goal is to be a leader
in the development of technologies that provide safe, high quality,
and longer shelf life of biological materials that are used in saving
lives.
Today, the storage time for blood
platelets, the congealing component of blood, is limited to a government-mandated
period of 5 days after they are donated. In Japan the storage time
is only 3 days. These short shelf lives create logistical problems
and losses due to outdating (discarding). With two patents issued
and others pending, we are researching and developing unique methods
and technologies to preserve platelets for extended periods and
intend to market a platelet preservation system that is safe, practical
and cost effective. HBS technology and equipment may allow blood
centers and hospitals to recover more than $500 million in lost
revenue annually in North America, Western Europe and Japan.
The HBS system for extending the
preservation time of donor organs, currently under development,
is expected to cost less and provide several vital advantages and
benefits over currently available preservation solutions. Further
development, if successful, should increase the shelf life of organs
from a few hours to days, and possibly years, while maintaining
viability, quality and safety. Longer shelf life of organs should
be beneficial to patients, surgeons, hospitals and insurance companies.
HBS's opportunity in the blood platelet market is expected to exceed
300 million in 2007 and further expected to grow an additional ten
percent each year thereafter.
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