History
NanoMedical Systems (NMS) was founded by Randy Goodall, Mauro Ferrari and Dave Saathoff in 2007 to develop products and commercialize the PMDS drug delivery platform – a convergence of semiconductor, biotechnology, MEMS/NEMS, nano-materials, and pharmaceutical sciences. NMS is headquartered in Austin, Texas. The company is staffed with medical device and drug development experts and utilizes external contract services and facility partners to execute its development plans in a capital-efficient manner.
Mission
The mission of NMS is to meet the growing demand for improved safety, efficacy, and cost in patient treatment with a suite of innovative nanotechnology-based drug delivery devices offering life-changing, in-body, dynamic control of the delivery of therapeutic molecules.
Company Commitment
NMS will continue to use converging technologies to advance drug delivery therapies to achieve improved healthcare with minimal inconvenience to a patient’s lifestyle. We will provide drug delivery systems that allow for short- and long-term therapeutic effects that require as few medical facility visits as possible reducing the cost of healthcare world wide.
Business Strategy
NMS will partner with Pharma companies to deliver existing approved and pipeline drugs.
The strategic benefits for a Pharma company are:
- access to innovative new technology,
- new market demand
- lifecycle extension of approved drugs about to “turn generic”
- dramatically increased return on investment in R&D and marketing
The strategic benefits for a Investors:
- reduced risk,
- new market demand
- lifecycle extension of approved drugs about to “turn generic”
- dramatically increased return on investment in R&D and marketing
Management
Since it’s incorporation in 2007, NMS has been populated with people with extensive experience in the Medical and Semiconductor industries, thus converging expertise in every facet of the bio-medical drug delivery industry.
Board of Directors
From the Chairman of the Board to the individual Directors, NMS has been governed by some of the leading Business and Medical minds in the U.S.