By Allan Maurer

DENVER, NC – Medical devices and supporting technologies continue to be one of the hottest areas in the startup space. BioMedFlex, a company selling a hard carbon biocompatible coating for use on medical implants, medical instruments and other applications, has raised $250,000 of a $500,000 equity offering, according to a regulatory filing.

The company disclosed the financing in a filing with the U.S. Securities and Exchange Commission. Eight investors contributed to the round thus far.

The firm BioMedFlex thin coatings feature chemical inertness, high flexural strength, wear resistence, low friction, non-reflective and electrically insulating characteristics, among others differentiating them from other coatings, says the company.

The company suggests the biocompatible coatings offer high wear resistance and reduced friction coefficients that can result in smaller implant designs.

Used for hospital instruments, the coatings reduce operating room light reflection and offer improved cleaning and sterilization and may save costs by extending instrument life, according to the company Web site.

It also has patents pending on its use on stents and for orthopedic reconstruction and joint replacement.

In addition, the coatings provide reduced drill breakage for rotary cutting tools with cooler cutting temperatures preventing burning.

Online: www.biomedflex.com

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