Transdermal Diagnostics
Private Company
Total funding raised: $2.0M
Overview
Transdermal Diagnostics, founded in 2016 as a UK MedTech spin-out, is developing a disruptive, needle-free CGM system. Its patented platform utilizes reverse iontophoresis via hair follicles to sample interstitial fluid, coupled with an array of electrochemical sensors for calibration-free measurement. The company is pre-revenue and has secured non-dilutive grant funding and a pre-seed investment round to advance its first product towards clinical validation. Its mission is to transform chronic disease management, starting with diabetes, by improving user adherence and accessibility through a pain-free wearable.
Technology Platform
Patented transdermal sensing platform using reverse iontophoresis to extract interstitial fluid through hair follicles. It combines a disposable adhesive patch with a miniaturized array of electrochemical sensors for needle-free, calibration-free biomarker extraction and quantification, connected to a reusable electronic controller and smartphone app.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
Competes directly with major invasive CGM players like Dexcom, Abbott, and Medtronic. Also faces potential competition from other non-invasive glucose monitoring technologies in development (e.g., using optical sensors). Its key differentiator is the claimed combination of being truly needle-free, calibration-free, and using a novel transdermal extraction method.