Hylomorph AG

Industry
Medical Technology
Founded Year
2014
Headquarters
Technoparkstrasse 1, Zurich, Switzerland
Employee Count
13

Key People

  • Simone Bottan - CEO & Co-founder
  • Aldo Ferrari - CSO & Co-founder
  • Francesco Robotti - COO & Co-founder
  • Sebastian Cavalli - CRQO
  • Georgios Stefopoulos - Head of Product Development

Assessment

Team
Aspect: First-time 10+ yrs
Summary: The founding team comprises individuals with over a decade of experience in the MedTech industry.

The leadership team, including CEO Simone Bottan and CSO Aldo Ferrari, brings significant expertise in medical technology, enhancing the company's potential for innovation and market penetration.

Clinical Need
Aspect: Very Strong
Summary: Hylomorph addresses a critical need by preventing postoperative complications associated with implantable devices.

By developing biomaterials that optimize the interface between implants and biological tissues, Hylomorph aims to improve patient outcomes and reduce healthcare costs, addressing a pressing need in the medical community.

Competition
Aspect: Somewhat crowded
Summary: The market for implantable device biocompatibility solutions has several players, but Hylomorph's technology offers differentiation.

The presence of multiple companies in this space necessitates strong differentiation. Hylomorph's proprietary CellSense technology positions it favorably, but market penetration will require strategic efforts.

Technical Challenge
Aspect: Moderate
Summary: Developing biomaterials for implantable devices presents moderate technical challenges.

While the development of such biomaterials involves complex processes, the team's background and the technology's foundation at ETH Zurich provide a solid basis for overcoming these challenges.

Patent
Aspect: Strong
Summary: Hylomorph holds strong patents in the field of medical biomaterials.

With patents primarily in the 'Medical Or Veterinary Science; Hygiene' category, Hylomorph secures its innovations, providing a competitive advantage and potential for licensing opportunities.

Financing
Aspect: Well-funded
Summary: Hylomorph has secured substantial funding through multiple investment rounds.

With a CHF 4.5 million Series B2 financing round led by EFI Lake Geneva Ventures and additional non-dilutive funds, Hylomorph is well-positioned to advance its product portfolio and achieve regulatory approvals.

Regulatory
Aspect: Pivotal Trial
Summary: Hylomorph is conducting pivotal trials to obtain regulatory approvals.

By preparing for first-in-man clinical trials and aiming for FDA and CE mark approvals, Hylomorph demonstrates commitment to meeting regulatory standards essential for market entry.

Opportunity Rollup

Odds of Success
3.55
Peak Market Share
4.6
Segment CAGR
9.1%
Market Segment
Cardiovascular Devices
Market Sub Segment
Cardiac Rhythm Management Devices
Year Post Launch Market Penetration (%)
1 0.23
2 0.69
3 1.61
4 3.22
5 4.60

Key Takeaway

Hylomorph's innovative approach to enhancing implant biocompatibility addresses a significant clinical need, positioning the company for growth in the cardiovascular device market.