Friday, March 25, 2022

AOTI Gets Expansion Funding For Medical Devices

Oceanside-based Advanced Oxygen Therapy Inc. (AOTI), which develops noninvasive, topical oxygen wound healting products, says it has received a "significant round of funding". Size of that funding was not annoucned. The funding came from SWK Holdings Corporation. According to the company, the new funding will go to support its growth plans, and building out their clinical support and commercialization platforms, both in the USA and Internationally. AOTI's products are uesd for healing of chronic wounds, such as diabetic foot ulers and venous leg ulcers. The company is led by CEO and President Dr. Mike Griffiths.

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