“Integrated medicine:” Clothing start-up that administers drugs raises $ 4 million

CONVERSION – In a SEC filingTextile-Based Delivery, Inc. claims to have raised just over $ 4 million, in a cycle that could result in $ 10 million. The company is also known as Nufabrx.

The company, which ranks in the top 1% of the 2021 Inc. 5000 list, or the 50th fastest growing company in the United States with a three-year growth rate of 6,684%, creates and manufactures clothing products that successfully administer pain relievers. to those who wear them.

“Clothes deliver the same dose of medicine just by dressing in the morning,” the Nufabrx FAQ site bed. “Welcome to the future of medicine; we call it HealthWear.

The technology developed by the company is clinically tested, FDA-compliant, and patented, according to the company’s website. The products are designed, the website read, “to safely deliver active ingredients to your body through the interaction of your skin with tissue.”

The company raised $ 4,011,235 from six investors, according to its file. The record shows the total bid amount of $ 10 million.

Nufabrx revealed that approximately $ 100,000 of the funding would be “used for payments to any of the persons to be appointed officers, directors or promoters,” it read.

The dossier is signed by Jordan Schindler, who is listed as the CEO of the company.

Source link

Virginia C. Taylor

Leave a Reply

Your email address will not be published.