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Mesynthes

Lower Hutt firm Mesynthes is gearing up to take the plunge in the lucrative United States wound care market and has set its sights on the bigger business of soft tissue repair.

 

The company took out the supreme award at the Wellington business Gold Awards last week, as well as the research and development award for its work developing a regenerative tissue substitute.

Total investment in the company to date has been about $4 million plus $1m in grants from New Zealand Trade and Enterprise and the former Foundation for Research, Science and Technology.

It will need a further $4m-5m in investment to advance product development and get sales momentum, and is looking to investors at home and in Australia and the US.

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