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MACH32 Awarded $750,000 Research and Development Contract From BARDA

Oct 24, 2024•over 1 year ago

Contract Type

contract

AlbertaBiotechnologyHealth CareMedicalMedical Device

Description

MACH32 has been awarded an EZ-BAA Advanced Research and Development contract from Biomedical Advanced Research and Development Authority (BARDA) valued at approximately $750,000 USD. The contract supports MACH32’s development of an intramuscular formulation of tranexamic acid (TXA) designed to treat life-threatening bleeding after traumatic injury, aiming to make TXA available to all first responders in an autoinjector format.

Company Information

Company

MACH32

Location

Alberta, Canada

About

MACH32 is a medical technology company based in Alberta, Canada, with the primary goal of stopping people from bleeding to death.

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