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Home3D PrintingNew Funding Drives Craft Well being's 3D Printed Medication and Dietary supplements...

New Funding Drives Craft Well being’s 3D Printed Medication and Dietary supplements –

Singapore-based Craft Well being has secured a brand new spherical of funding. Beforehand, the corporate, which focuses on paste extrusion for drugs and diet utilizing a 3D printer powered by a Viscotec head, obtained a $1 million funding from buyers together with Jenny Chen. This newest funding contains contributions from Valuence Ventures, returning investor Mistletoe, Inc., and an angel investor. The funds are meant to bridge to a subsequent Sequence A spherical of funding and can help in additional growing the corporate’s merchandise.

CraftHealth has developed the CraftMake 3D printer, which is able to producing drugs, gummies, and different dietary merchandise. Paired with its CraftControl software program, the printer permits for the creation of novel shapes and formulations, customized drugs, and changes to components reminiscent of launch kinetics. Moreover, the corporate presents a platform akin to Thingiverse for paste extruded formulations, enabling customers to entry and make the most of these formulations in addition to their complete database.

“We’re delighted to bolster our investor base with companions who share our deep-tech imaginative and prescient and might impart their wealth of data, expertise, and community to scale Craft Well being. This spherical of funding will fine-tune our commercialization technique, refine our product choices, and set the stage for our anticipated Sequence A,” stated Craft Well being CEO Dr. Goh Wei Jiang, who we beforehand interviewed right here.

“We’re thrilled to announce our funding in Craft Well being, a pioneer in leveraging 3D printing expertise for compounding pharmacy. Craft Well being’s modern strategy aligns completely with our mission to assist ventures that redefine industries and enhance lives. We’re assured of their potential to revolutionize customized drugs and sit up for their continued progress and success in reworking affected person care globally. Craft Well being’s modern use of 3D printing expertise in compounding pharmacy not solely positions the corporate on the forefront of healthcare innovation but in addition aligns completely with our funding technique of supporting ventures which might be poised for vital impression and progress. We’re assured in Craft Well being’s imaginative and prescient and their skill to steer a brand new period in customized drugs, particularly within the space of superior supplies innovation,” acknowledged Dr. Gene Cho, a Common Associate of Valuence Ventures.

CraftHealth’s CraftMake 3D printer allows researchers, medical doctors, and nutritionists to create customized blends and formulations for analysis or patient-specific wants. The expertise may very well be notably transformative for compounding pharmacies and hospitals, permitting them to construct customized libraries of medicines or produce one-off formulations tailor-made to particular person sufferers. This printer has the potential to regulate drugs every day based mostly on the development of a illness or modify dosages in response to a affected person’s weight.

Wanting forward, it’s straightforward to examine CraftHealth’s machines being utilized in hospitals to tailor dietary dietary supplements to particular person affected person wants or to help in restoration by means of weight loss program optimization. Moreover, there’s potential for commercializing merchandise reminiscent of dietary gummies, just like these supplied by Nourished, utilizing these machines. Athletes may also leverage this expertise to obtain optimum ranges of dietary supplements tailor-made to their particular wants.

A brand new vary of customized drugs might emerge, with launch kinetics optimized by means of custom-made shapes. Furthermore, compounding pharmacies might drastically profit older adults or people with dementia by combining required vitamins and drugs right into a single, easy-to-take capsule.

CraftHealth is poised to capitalize on vital alternatives on this area. Whereas different firms like FabRX are additionally lively on this area, CraftHealth seems well-positioned to steer, given its modern strategy and technological capabilities. This positions them as frontrunners in what may very well be a pivotal shift in customized drugs and dietary assist.



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