Gel-e said the Life Foam treatment is an expanding, injectable foam designed to stop bleeding from abdominal wounds in trauma and battlefield situations. It has received FDA breakthrough designation to accelerate its development. It uses natural biopolymers that are abundant and inexpensive.
Trauma from accidents is the third leading cause of death in the US after only heart disease and cancer. Approximately 85% of all hemorrhage-related deaths result from non-compressible internal bleeding, a condition that results from intracavitary (e.g. abdominal) bleeding that is not accessible to direct pressure and cannot be controlled by traditional methods, such as gauze or a tourniquet.
Wound care markets are worth a projected $7 billion combined. These also include films to treat chronic wounds and venous leg ulcers and high-performance first aid kits.
Breakthrough products are a medical device must provide more effective treatment of a life-threatening or irreversibly debilitating condition, and
(i) have no approved or cleared alternatives, or
(ii) offer significant advantages over existing alternatives, or
(iii) be in the best interest of patients.
Gel-e provided the FDA with information demonstrating that Life Foam meets all these criteria.
The Life Foam device is leading the company’s expansion into internal and surgical procedures. The foam is designed to expand quickly in the abdominal cavity to stabilize the patient, allowing transport to a trauma surgeon.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.