San Antonio — Mir Imran, the founder and CEO of InCube Labs, has more than 200 patents to his name and has created more than 20 companies through InCube, a healthcare-focused research and development business that invents new technology with the goal of spinning them into separate businesses.
Maybe, then, it’s not surprising that Imran says he can’t play favorites when it comes to his inventions, which have attracted investors such as Google Ventures and buyers like St. Jude Medical in St Paul, MN. Instead, he can just list the two businesses that most recently attracted multiple millions of dollars in funding.
Fe3 Medical, an InCube startup that was developed at the company’s facilities in San Antonio, raised $11 million of Series B funding this week for a patch it has developed that the company says can deliver iron into a patient’s bloodstream thanks to an electric current generated from the patch. The company is targeting people with anemia who react poorly to iron pills or liquid supplements, which can upset the gastrointestinal system and cause anything from constipation to diarrhea.
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