Duncan-based Global Transplant Solutions has received a $150,000 investment from SC Launch, SCRA’s entrepreneurial program. The company was accepted into SC Launch as a client company in 2017. The investment marks the second one for the company from SCRA.
Global Transplant Solutions is developing products for the human organ procurement and transplant marketplace, according to a news release. The company supplies organ preservation solutions to the Canadian transplant market and has received FDA clearance for two products in the United States market. The company is awaiting FDA clearance for four additional solutions.
Global Transplant Solutions has offices in Duncan, Columbia and Toronto, Canada. The investment will be used to finalize global sales, develop proprietary products and further research efforts, the release said.
“Global Transplant Solutions is proud to partner with SCRA and the SC Launch Program as we build our commercial business and further develop our proprietary hypothermia-inducing organ procurement product PerfeXslush,” said John Bruens, CEO of Global Transplant Solutions, in the release. “We look forward to future collaborations and expanding our footprint in South Carolina.”