Rejoni, Inc.
- Industry
- Medical Devices & Equipment
- Founded Year
- 2020
- Headquarters
- 201 Burlington Rd, Bedford, Massachusetts, 01730, United States
- Employee Count
- 17
Key People
- Amarpreet Sawhney - Founder, Chief Executive Officer, President & Board Member
- Nick Svencer - General Manager & Board Member
- Darshana Zaveri - Board Member
- Guneesh Batra - Board Member
Assessment
- Team
-
Aspect: Multiple successful MedTech entrepreneurs
Summary: Led by serial entrepreneur Amarpreet Sawhney with a proven track record in MedTech startups.
Amarpreet Sawhney has founded multiple successful MedTech companies, including Confluent Surgical, Ocular Therapeutix, and Augmenix, Inc., indicating a strong foundation for Rejoni's endeavors.
- Clinical Need
-
Aspect: Very Strong
Summary: Addresses a significant unmet need in preventing intrauterine adhesions post-gynecological procedures.
Intrauterine adhesions can lead to infertility and other complications. Rejoni's Juveena Hydrogel System aims to prevent these adhesions, fulfilling a crucial need in gynecological care.
- Competition
-
Aspect: First mover
Summary: Limited direct competition in the specific niche of intrauterine adhesion prevention.
While there are general surgical devices available, few are specifically designed to prevent intrauterine adhesions, positioning Rejoni as a first mover in this specialized market.
- Technical Challenge
-
Aspect: Moderate
Summary: Developing biocompatible hydrogels for intrauterine use presents moderate technical challenges.
Creating a hydrogel that is both effective and safe for intrauterine application requires careful formulation and testing, but Rejoni's background in biomaterials provides a solid foundation.
- Patent
-
Aspect: Strong
Summary: Possesses strong intellectual property in proprietary biomaterials for gynecological applications.
Rejoni's proprietary biomaterials are central to its product offerings, and strong patent protection ensures market exclusivity and deters potential competitors.
- Financing
-
Aspect: Well-funded
Summary: Secured $40 million in funding over two rounds, indicating strong investor confidence.
The Series A and B financing rounds, led by reputable investors, provide the necessary capital to advance Rejoni's product pipeline and market entry strategies.
- Regulatory
-
Aspect: Pivotal Trial
Summary: Currently conducting a pivotal IDE study for the Juveena Hydrogel System in the U.S.
The pivotal trial is a significant step in the regulatory pathway, and its outcome will determine the product's market readiness and potential impact on women's health.
Opportunity Rollup
- Odds of Success
- 3.35
- Peak Market Share
- 3.9
- Segment CAGR
- 4.6%
- Market Segment
- Reproductive Health Devices
- Market Sub Segment
- Intrauterine Adhesion Prevention
Year Post Launch | Market Penetration (%) |
---|---|
1 | 0.19 |
2 | 0.58 |
3 | 1.36 |
4 | 2.73 |
5 | 3.90 |
Key Takeaway
Rejoni's innovative approach to preventing intrauterine adhesions addresses a significant unmet need in women's health, supported by experienced leadership and strong financial backing.