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Empowering Ostomates: Ostique's Revolutionary Impact

Ostique, a medical design company dedicated to addressing the challenges faced by individuals living with an ostomy, has secured a substantial investment of £457,000 from the Midlands Engine Investment Fund (MEIF) through the MEIF West Midlands Equity Fund, managed by Midven, part of the Future Planet Capital Group.

Revolutionizing Ostomy Care:

  1. Comprehensive Solution: Ostique's innovative approach involves a two-part solution, featuring a patented ostomy bag addressing unmet patient needs and a digital wellbeing platform, 'Ostique Connect,' fostering a supportive community for ostomates. This integrated and holistic solution aims to alleviate both the physical and mental challenges surrounding ostomy bags, providing a comprehensive remedy for ostomates.

  2. Market Disruption: The investment will empower Ostique to launch its revolutionary range of ostomy bags into the market and complete the 'Ostique Connect' platform. This strategic move positions Ostique as a disruptor in the ostomy care market, enhancing the quality of life for individuals with ostomies and addressing the unmet needs of ostomates.

  3. Digital Wellbeing Platform: 'Ostique Connect' will serve as a hub for ostomates to connect, seek support, and engage with peers who have undergone similar experiences. The app will provide access to 1:1 peer support and advice, matching ostomates based on demographics, life stages, type of ostomy, and underlying illness, thereby fostering a supportive community and addressing serious mental health issues surrounding ostomy treatment.

  4. Innovative Ostomy Bags: Ostique's ostomy bags provide noise reduction, enhanced adhesion, and odour control via a filter and integrated odour barrier. This investment will propel the company's mission to disrupt the market with its innovative products, directly addressing unmet patient needs.

Ostomy Market Unwinded
Source: Market Unwinded AI

Investment Impact and Market Implications:

  1. Meaningful Impact: The investment from Midven and MEIF signifies a meaningful step towards empowering Ostique to make a tangible difference in the lives of ostomates, launching innovative products, and building a supportive community through “Ostique Connect.”

  2. Investment Rationale: Midven's identification of Ostique as a compelling investment opportunity underscores the company's innovative ostomy solution that directly addresses unmet patient needs. The company's passion and commitment to transforming the lives of ostomates have resonated with the investment firm, positioning Ostique as a promising player in the healthcare sector.

  3. Commitment to Innovation: The Midlands Engine Investment Fund's investment in Ostique is a testament to its commitment to funding innovative SMEs in the Midlands region. This strategic investment will not only bring Ostique's product to patients in need but also provide necessary support to those undergoing life-altering ostomy procedures.

As Ostique embarks on this transformative journey, it stands poised to revolutionize ostomy care, providing a beacon of hope and support for individuals living with ostomies. The investment from Midven and MEIF serves as a testament to the potential impact of Ostique's innovative solutions and its commitment to addressing unmet patient needs.


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