HemCon Medical Technologies, a wound-care company from Portland, OR, was ranked number 42 on Deloitte’s 2007 Technology Fast 500 list. The announcement comes on the heels of HemCon’s rank as 219 on Inc. magazine’s 26th annual list of America’s 500 fastest-growing private companies. Now in its 13th year, the Deloitte program recognizes the fastest growing technology, media, telecommunications and life sciences companies in North America. Deloitte ranked companies based on fiscal year revenue growth from 2002–2006, a period when HemCon’s revenue increased by more than 4,000 percent.
Using Chitosan, an extract from shrimp shells, HemCon Bandages control moderate to severe external bleeding within minutes of being applied directly to moderate- or high-pressure, high-flow external bleeds. They aggressively adhere to the site on contact with blood or moisture. This adhesive-like action forms a strong, flexible barrier that seals and stabilizes the wound.
HemCon Bandages, used by the U.S. military since 2003, have been 97% effective at controlling bleeding on the battlefield. In 2005, the Army Surgeon General mandated that any soldier serving in Iraq or Afghanistan carry at least one HemCon Bandage.