Oxford Medical Products
Industrial Biotech
- Membership category
- Emerging Y3
Unit 3, Gateway, Windrush Park Road, Witney, OX29 7EY, United Kingdom
Oxford Medical Products at a glance
Oxford Medical Products is a clinical staged Medtech company. With the novel hydrogel, Oxford Medical Products have developed a unique obesity treatment.
About Oxford Medical Products
Oxford Medical Products (OMP) is a clinical staged, VC backed, company providing a non-surgical weight loss product that will redefine the obesity treatment market. Excessive weight affects almost 2 billion people worlwide, costing the US health system $148 billion annually. It is the second leading cause of cancer and is responsible for 80% of type 2 diabetes.
OMP's proprietary hydrogel pill is taken orally at home and works like a gastric balloon, without the expense or need for hospital visits. The pill fills 50% of the stomach volume, and stays in the stomach for several weeks, reducing hunger and leading to weight loss. The hydrogel is passed naturally with redosing 2-4 times a week.
Given the scale of the US market and the propensity of US citizens to engage in and pay for weight loss and obesity treatments, OMP's mission is to combine its revolutionary technology with a digital support platform. This platform will allow individualised treatments for both initial weight loss and subsequent weight maintenance through a tailored dosing regime.
The US is our first and largest market to address. Once the current safety phase1/2 trials are completed in the UK, OMP will look to conduct a control blinded trial in the US in 2023. They have already engaged with the FDA through a Q-sub to confirm our regulatory strategy in the States.