US approval for Innovative Technologies' alginate dressings
This article was originally published in Clinica
Executive Summary
UK-based biomaterials developer Innovative Technologies Group has received 510(k) clearance from the US FDA for a range of alginate dressings. The clearance took a mere 17 days and adds alginate dressings to Innovative's approved film and hydrocolloid dressings for sale in the US. The company estimates the US alginate dressings market at about $25 million a year, growing by 25% a year.