SCRA Announces SC Launch, Inc. Investment in Global Transplant Solutions
APRIL 3, 2018 | PRESS RELEASES
Summerville, S.C. – SCRA’s entrepreneurial program, SC Launch, Inc., recently finalized a $200,000 investment for Global Transplant Solutions, located in Duncan, SC. The company was accepted as an SC Launch Client Company in April 2017 and received a $15,000 Project Development Fund Grant in the same year.
Global Transplant Solutions is developing products for the human organ procurement and transplant marketplace. They currently supply a complete portfolio of organ preservation solutions to the Canadian transplant market and have received FDA clearance for their first product in the United States. The company is awaiting FDA clearance for their second US product and plans to gain FDA clearance for four additional solutions, which together will represent 99% of all organ preservation solutions used worldwide. Global Transplant Solutions currently has distribution agreements established with several national and international partners. They have offices in Duncan, SC at Spartanburg Community College’s Spark Center SC and Toronto, Canada. The investment will be used to finalize global sales, develop proprietary products and further their research efforts.
“We are proud to partner with SC Launch and the State of South Carolina as we establish, build and grow our worldwide organ transplant business.” said John Bruens, CEO of Global Transplant Solutions. “As a company exclusively focused on supporting the critical need for more donated organs, and partnering with the dedicated professionals in this market who everyday save countless lives around the world, Global Transplant Solutions Inc. is poised to position South Carolina as the epicenter for the advancement of transplant technologies, products and policies.”
“There is a worldwide demand for Global Transplant Solution’s products, and to see the demand being fulfilled by a company in Duncan, SC is very exciting.” said Director of Entrepreneurial Programs and SC Launch Inc. Executive Director, Jill Sorensen.
Chartered in 1983 by the State of South Carolina as a public, non-profit corporation, SCRA fosters South Carolina’s Innovation Economy by supporting entrepreneurs, enabling academic research and its commercialization, and connecting industry to innovators.