Plcoskin is a MedTech company specializing in reconstructive plastic surgery and regenerative skincare.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Seoul
State: Seoul-t&s;ukpyolsi
Zip:
Country: South Korea
Plcoskin is a MedTech company specializing in reconstructive plastic surgery and regenerative skincare. They have developed a scaffold that removes the need for cadaver-sourced material used in breast reconstruction surgery, making procedures safer and cheaper. Plcoskin’s scaffolds are made with synthetic PCL, a biodegradable material that is commonly used to create surgical sutures. Unlike competitors&s; products that remain in the body for a lifetime, Plcoskin’s PCL scaffolds are absorbed and replaced with the recipient’s own natural tissues, minimizing the possibility of long-term side effects. As they do not contain any dangerous chemicals, they are also 50% safer than cadaver-sourced scaffolds. Costs for reconstructive breast surgery are brought down by 40% to only $3 thousand per breast. Furthermore, much less handling time is required, reducing average surgery durations from an hour and a half to only 30 minutes. The mesh design of the scaffolds mitigates the need for an additional follow-up reconstructive surgery, something that is common when using cadaver-sourced scaffolds. Plcoskin has also developed Youlief, a cosmeceutical product &a; therapeutic device pipeline that helps fund R&a;D for their medical devices. Youlief is available in the US, Europe, Taiwan, Singapore and Japan.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2019 | Seed Round | 1 | $417.3k |
TiPS TiPS |
8/2019 | Seed Round | 1 | $330.4k |
HG Initiative HG Initiative |
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