Periodic Reporting for period 1 - GFeed (Safe and discrete gastrostomy tube for enteral feeding improving the delivery of nutrition and patient care.)
Reporting period: 2015-12-01 to 2016-03-31
The GFeed technology, with its competitive advantages, puts Fidmi in a strong position as the current devices have a high possibility of dislodgement (13%), clog (45%) and it’s painful to place, replace and remove. It is crucial that Fidmi advances its current technology and commercial readiness levels to experience significant growth and development in the following years.
The Feasibility Study also showed that the GFeed device will have a rapid market penetration and will reach a BEP in the first year.