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Ostoform

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uuid00031yr

Namestring
Ostoform
Legal namestring
Ostoform Ltd
Websiteurl
ostoform.com
Company typeenum
Private
Founded yearint
2016
Descriptiontext

Ostoform is an Irish medical device company founded in 2016 as a spin-out from the University of Limerick, headquartered in Mullingar, County Westmeath. The company develops and commercializes ostomy care products built around its patented FLOWASSIST technology — a non-absorbent flexible polymer component featuring a directional spout that protects hydrocolloid adhesive from excessive absorption and erosion while guiding stoma output into the pouch. Its product portfolio includes the FLOWASSIST Seal (available in three sizes), the FLOWASSIST 2-Piece Pouch system (Flat and Convex baseplates with Drainable, Closed, and Urostomy variants), and the Crest Moldable Barrier accessory.

The company sells hardware through a multi-channel distribution model that combines regional healthcare suppliers and distributors across 12+ countries (US, Canada, UK, Ireland, France, Germany, Switzerland, Netherlands, Denmark, Poland, Spain, Czechia, Portugal) with GPO contracts at Vizient and Premier, Inc. for institutional hospital access in the US. US transactions use HCPCS billing codes for insurance reimbursement. The customer base is bifurcated between end users — individuals with ileostomy, urostomy, or colostomy, particularly those with high-output fluidic stomas or peristomal skin complications — and healthcare professionals (WOC nurses, surgeons) who prescribe and stock the products. Marketing leverages content, social media, conferences (Medica, WOCNext), and a free sample program to drive adoption, supported by published clinical studies in peer-reviewed journals.

Short descriptiontext

Ostoform is an Irish medical device company that develops patented FLOWASSIST ostomy care products — barrier seals and pouch systems featuring a directional spout that protects skin and extends wear time — sold through distributors and healthcare GPO contracts across 12+ countries to ostomy patients and clinicians.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersDublin, Ireland
HQ citystring
Dublin
HQ countrystring
Ireland
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
ostomy care devices, medical device manufacturing, stoma care products, wound care supplies, ostomy appliances
Industry2 codes
1Ostomy Care Products (Pouches, Barriers/Wafers, Accessories, Skin Protection)
CodeHLAHALAGPrimaryYes
2Home-Based Wound Care & Ostomy Nursing
CodeHLADAFAHPrimaryNo
NAICS code1 code
  • Surgical Appliance and Supplies Manufacturing339113
SIC code3 codes
  • Surgical & Medical Instruments & Apparatus3841
  • Orthopedic, Prosthetic & Surgical Appliances & Supplies3842
  • Wholesale-Medical, Dental & Hospital Equipment & Supplies5047
Product category
Ostomy Care Medical Devices
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Ostomy Medical Devices
TypeHardware Sales
Description

Sale of ostomy care products including the FLOWASSIST Seal, FLOWASSIST 2-Piece Pouch, and Crest Moldable Barrier. Products are available through distributors and healthcare suppliers in the USA, Ireland, UK, Canada, and across Europe with HCPCS billing codes for insurance reimbursement.

ostoform.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels7 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Technology or R&D, Marketing or Sales, Personnel, Operations
Pricing details1 tier
1FLOWASSIST Seal available in Small, Medium, and Large sizes
ModelUnit PricingBilling cadencePay-as-you-go
Notes

10 seals per box. Sizes: Small 15-23mm, Medium 23-30mm, Large 30-40mm.

ostoform.com
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 4 records shown
1FLOWASSIST
Description

Patented technology used in Ostoform's ostomy products featuring a non-absorbent component that protects adhesive from excessive absorption and erosion, with a directional spout that guides stoma output into the pouch.

ostoform.com
+3 more records
Core offering1 text field

Ostoform designs, manufactures, and sells patented FLOWASSIST-based ostomy care medical devices — including the FLOWASSIST Seal (moldable barrier ring with non-absorbent directional spout), the FLOWASSIST 2-Piece Pouch system (flat and convex baseplates with drainable, closed, and urostomy pouch variants), and the Crest Moldable Barrier — for ostomy patients and the healthcare professionals who serve them. The core technology directs stoma output into the pouch while protecting the hydrocolloid adhesive from absorption and erosion, with the goal of preventing leakage and peristomal skin complications.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • 71% of clinical study participants stated that the FLOWASSIST Seal lasted longer than their current seal
+1 more record
Product overview1 text field

Ostoform is a medical device company offering a portfolio of ostomy care products centered on its proprietary FLOWASSIST technology. The core product line consists of the FLOWASSIST Seal (a moldable barrier ring with a directional spout), the FLOWASSIST 2-Piece Pouch system (including baseplates and Drainable, Closed, and Urostomy pouches), and the Crest Moldable Barrier accessory. All products feature the patented FLOWASSIST non-absorbent component that directs stoma output away from the skin and into the pouch, protecting the adhesive from erosion and extending wear time. The company targets ostomy patients with ileostomy, urostomy, or colostomy, particularly those with high-output fluidic stomas or peristomal skin complications.

Product and service4 records
1FLOWASSIST Seal
2FLOWASSIST 2-Piece Pouch
3Ostoform Crest Moldable Barrier
4Ostoform Belt
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-01-01
Description

Ostoform awarded Technology Breakthrough designation and Enterostomal Therapy products agreement with Premier, Inc. for FLOWASSIST products.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-04-01
Description

FLOWASSIST product range awarded an Innovative Technology contract by Vizient, the largest provider-driven healthcare company, providing access to Vizient member healthcare organizations.

3Stephan Bonnelycke
Strategic tierMinorTypeOthersAnnounced on2022-04-04
Description

International MedTech veteran appointed as non-executive Director of Ostoform to provide industry expertise and strategic guidance.

ostoform.com
Strategic tierMajorTypeChannel Partner/ Reseller/ DistributorAnnounced on2021-05-01
Description

US distribution agreement with Medline Industries for FLOWASSIST products in the United States market.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

US healthcare supplier distributing FLOWASSIST products to patients and healthcare providers.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

Irish distributor for FLOWASSIST Seal in Republic of Ireland.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

UK distributor (Stocare) for FLOWASSIST products in United Kingdom.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Trio Healthcare is a UK-based specialist in ostomy accessories with a focus on silicone-based seals and adhesive technology. It is comparable to Ostoform as a smaller, innovation-led challenger in the ostomy seal category, often serving the same patient segments with similar product positioning.

TypeDirect peer
Description

Pelican Healthcare is a UK-based ostomy product manufacturer offering Moda and Pelican seals and pouches. It is similar in scale and product mix to Ostoform and competes in the same UK, Ireland, and select international ostomy distributor channels.

TypeOthers
Description

Mölnlycke is a global wound care and surgical solutions leader with adjacent (rather than directly overlapping) products to Ostoform. It is included as a relevant adjacent player because its Mepilex and wound/skin care portfolio addresses peristomal skin complications targeted by Ostoform's value proposition.

TypeBroad incumbent
Description

B. Braun is a large global medical device and pharmaceutical company with an ostomy and continence care division. Its Flexima and Biotrol lines compete with Ostoform across European hospital and home-care channels, and its broader portfolio gives it incumbency advantages in GPO contracts.

TypeDirect peer
Description

Welland Medical is a UK ostomy specialist known for its Aurum and Flair barrier seals and pouches, with strong distribution across Europe. It is a directly comparable mid-sized ostomy manufacturer competing with Ostoform in the same European channel and similar category-focused positioning.

TypeDirect peer
Description

Salts Healthcare is a UK-based family-owned manufacturer specializing in ostomy products including barrier seals and pouches. It is a comparable size and category specialist to Ostoform, competing in the same European ostomy channel and offering an alternative to FLOWASSIST in markets like the UK and Ireland.

TypeBroad incumbent
Description

ConvaTec is a top-tier global ostomy and wound care company with a major share of the US and European ostomy appliance market. It directly competes with Ostoform's FLOWASSIST Seal and 2-Piece Pouch system across the same patient populations and through overlapping GPO and distributor relationships.

TypeDirect peer
Description

Marlen Manufacturing is a US-based ostomy product manufacturer offering barrier rings, pouches, and accessories. It is a comparable specialty player competing with Ostoform's FLOWASSIST Seal in the same US home-delivery and clinical ostomy channels.

TypeBroad incumbent
Description

Hollister is one of the three largest ostomy care manufacturers globally, with a wide range of pouches, barrier rings, and accessories. Its CeraPlus and Adapt barrier rings are direct competitors to Ostoform's FLOWASSIST Seal in the same US hospital and home-delivery channels.

TypeBroad incumbent
Description

Coloplast is the global market leader in ostomy care with a comprehensive portfolio of pouches, barrier seals, and accessories sold in over 100 countries. It is the most significant incumbent competitor to Ostoform's FLOWASSIST Seal in the same hospital and home ostomy channel.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors6 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Ostoform

Ostomy Care Medical Devicesostoform.com

Ostoform is an Irish medical device company that develops patented FLOWASSIST ostomy care products — barrier seals and pouch systems featuring a directional spout that protects skin and extends wear time — sold through distributors and healthcare GPO contracts across 12+ countries to ostomy patients and clinicians.

What Ostoform does

Ostoform is an Irish medical device company founded in 2016 as a spin-out from the University of Limerick, headquartered in Mullingar, County Westmeath. The company develops and commercializes ostomy care products built around its patented FLOWASSIST technology — a non-absorbent flexible polymer component featuring a directional spout that protects hydrocolloid adhesive from excessive absorption and erosion while guiding stoma output into the pouch. Its product portfolio includes the FLOWASSIST Seal (available in three sizes), the FLOWASSIST 2-Piece Pouch system (Flat and Convex baseplates with Drainable, Closed, and Urostomy variants), and the Crest Moldable Barrier accessory.

The company sells hardware through a multi-channel distribution model that combines regional healthcare suppliers and distributors across 12+ countries (US, Canada, UK, Ireland, France, Germany, Switzerland, Netherlands, Denmark, Poland, Spain, Czechia, Portugal) with GPO contracts at Vizient and Premier, Inc. for institutional hospital access in the US. US transactions use HCPCS billing codes for insurance reimbursement. The customer base is bifurcated between end users — individuals with ileostomy, urostomy, or colostomy, particularly those with high-output fluidic stomas or peristomal skin complications — and healthcare professionals (WOC nurses, surgeons) who prescribe and stock the products. Marketing leverages content, social media, conferences (Medica, WOCNext), and a free sample program to drive adoption, supported by published clinical studies in peer-reviewed journals.

Ostoform firmographics

Firmographics
Name
Ostoform
Legal name
Ostoform Ltd
Website
https://ostoform.com
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
11–50 employees
Short description
Ostoform is an Irish medical device company that develops patented FLOWASSIST ostomy care products — barrier seals and pouch systems featuring a directional spout that protects skin and extends wear time — sold through distributors and healthcare GPO contracts across 12+ countries to ostomy patients and clinicians.
Ownership category
akta.pro rank

Ostoform industry classification

Industry
Product category
Ostomy Care Medical Devices
NAICS
Surgical Appliance and Supplies Manufacturing (339113)
SIC
Surgical & Medical Instruments & Apparatus (3841), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)
akta.pro primary industry
Ostomy Care Products (Pouches, Barriers/Wafers, Accessories, Skin Protection) (HLAHALAG)
akta.pro secondary industry
Home-Based Wound Care & Ostomy Nursing (HLADAFAH)

Keywords

  • Ostomy care devices
  • Medical device manufacturing
  • Stoma care products
  • Wound care supplies
  • Ostomy appliances

Where Ostoform is headquartered

Location

Headquarters

HQ city
Dublin
HQ country
Ireland
HQ region
Europe

Offices1 record

Markets served

Ostoform business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Technology or R&D, Marketing or Sales, Personnel, Operations

Revenue model

  1. Ostomy Medical Devices: Sale of ostomy care products including the FLOWASSIST Seal, FLOWASSIST 2-Piece Pouch, and Crest Moldable Barrier. Products are available through distributors and healthcare suppliers in the USA, Ireland, UK, Canada, and across Europe with HCPCS billing codes for insurance reimbursement.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goFLOWASSIST Seal available in Small, Medium, and Large sizes

Go-to-market motion1 record

Distribution channels7 records

Marketing channels6 records

Ostoform product offering

Product offering

Core offering

Ostoform designs, manufactures, and sells patented FLOWASSIST-based ostomy care medical devices — including the FLOWASSIST Seal (moldable barrier ring with non-absorbent directional spout), the FLOWASSIST 2-Piece Pouch system (flat and convex baseplates with drainable, closed, and urostomy pouch variants), and the Crest Moldable Barrier — for ostomy patients and the healthcare professionals who serve them. The core technology directs stoma output into the pouch while protecting the hydrocolloid adhesive from absorption and erosion, with the goal of preventing leakage and peristomal skin complications.

Product overview

Ostoform is a medical device company offering a portfolio of ostomy care products centered on its proprietary FLOWASSIST technology. The core product line consists of the FLOWASSIST Seal (a moldable barrier ring with a directional spout), the FLOWASSIST 2-Piece Pouch system (including baseplates and Drainable, Closed, and Urostomy pouches), and the Crest Moldable Barrier accessory. All products feature the patented FLOWASSIST non-absorbent component that directs stoma output away from the skin and into the pouch, protecting the adhesive from erosion and extending wear time. The company targets ostomy patients with ileostomy, urostomy, or colostomy, particularly those with high-output fluidic stomas or peristomal skin complications.

Differentiator

Problem solved

Functional benefit

Brands

  • FLOWASSIST: Patented technology used in Ostoform's ostomy products featuring a non-absorbent component that protects adhesive from excessive absorption and erosion, with a directional spout that guides stoma output into the pouch.
  • FLOWASSIST Seal
  • FLOWASSIST 2-Piece Pouch
  • Crest Moldable Barrier

Products and services

  • FLOWASSIST Seal
  • FLOWASSIST 2-Piece Pouch
  • Ostoform Crest Moldable Barrier
  • Ostoform Belt

Quantifiable outcome

  • 71% of clinical study participants stated that the FLOWASSIST Seal lasted longer than their current seal
  • +1 more outcomes

Companies that use Ostoform

Customer profile

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Ostoform technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Ostoform partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core, minor and major.

  • Premier, Inc.coreChannel Partner/ Reseller/ Distributor · 1 January 2025Ostoform awarded Technology Breakthrough designation and Enterostomal Therapy products agreement with Premier, Inc. for FLOWASSIST products.
  • Vizient, Inc.coreChannel Partner/ Reseller/ Distributor · 1 April 2024FLOWASSIST product range awarded an Innovative Technology contract by Vizient, the largest provider-driven healthcare company, providing access to Vizient member healthcare organizations.
  • Stephan BonnelyckeminorOthers · 4 April 2022International MedTech veteran appointed as non-executive Director of Ostoform to provide industry expertise and strategic guidance.
  • Medline IndustriesmajorChannel Partner/ Reseller/ Distributor · 1 May 2021US distribution agreement with Medline Industries for FLOWASSIST products in the United States market.
  • Byram HealthcaremajorChannel Partner/ Reseller/ DistributorUS healthcare supplier distributing FLOWASSIST products to patients and healthcare providers.
  • United DrugmajorChannel Partner/ Reseller/ DistributorIrish distributor for FLOWASSIST Seal in Republic of Ireland.
  • Rhodes Pharma LimitedmajorChannel Partner/ Reseller/ DistributorUK distributor (Stocare) for FLOWASSIST products in United Kingdom.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Ostoform competitors and assessment

Company assessment

Emerging players

  • Trio Healthcare: Trio Healthcare is a UK-based specialist in ostomy accessories with a focus on silicone-based seals and adhesive technology. It is comparable to Ostoform as a smaller, innovation-led challenger in the ostomy seal category, often serving the same patient segments with similar product positioning.

Direct peers

  • Pelican Healthcare: Pelican Healthcare is a UK-based ostomy product manufacturer offering Moda and Pelican seals and pouches. It is similar in scale and product mix to Ostoform and competes in the same UK, Ireland, and select international ostomy distributor channels.
  • Welland Medical: Welland Medical is a UK ostomy specialist known for its Aurum and Flair barrier seals and pouches, with strong distribution across Europe. It is a directly comparable mid-sized ostomy manufacturer competing with Ostoform in the same European channel and similar category-focused positioning.
  • Salts Healthcare: Salts Healthcare is a UK-based family-owned manufacturer specializing in ostomy products including barrier seals and pouches. It is a comparable size and category specialist to Ostoform, competing in the same European ostomy channel and offering an alternative to FLOWASSIST in markets like the UK and Ireland.
  • Marlen Manufacturing: Marlen Manufacturing is a US-based ostomy product manufacturer offering barrier rings, pouches, and accessories. It is a comparable specialty player competing with Ostoform's FLOWASSIST Seal in the same US home-delivery and clinical ostomy channels.

Others

  • Mölnlycke Health Care: Mölnlycke is a global wound care and surgical solutions leader with adjacent (rather than directly overlapping) products to Ostoform. It is included as a relevant adjacent player because its Mepilex and wound/skin care portfolio addresses peristomal skin complications targeted by Ostoform's value proposition.

Broad incumbents

  • B. Braun Medical: B. Braun is a large global medical device and pharmaceutical company with an ostomy and continence care division. Its Flexima and Biotrol lines compete with Ostoform across European hospital and home-care channels, and its broader portfolio gives it incumbency advantages in GPO contracts.
  • ConvaTec: ConvaTec is a top-tier global ostomy and wound care company with a major share of the US and European ostomy appliance market. It directly competes with Ostoform's FLOWASSIST Seal and 2-Piece Pouch system across the same patient populations and through overlapping GPO and distributor relationships.
  • Hollister Incorporated: Hollister is one of the three largest ostomy care manufacturers globally, with a wide range of pouches, barrier rings, and accessories. Its CeraPlus and Adapt barrier rings are direct competitors to Ostoform's FLOWASSIST Seal in the same US hospital and home-delivery channels.
  • Coloplast: Coloplast is the global market leader in ostomy care with a comprehensive portfolio of pouches, barrier seals, and accessories sold in over 100 countries. It is the most significant incumbent competitor to Ostoform's FLOWASSIST Seal in the same hospital and home ostomy channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Ostoform social profiles

Digital presence

Ostoform compliance and trust

Trust signal

Compliance2 records

Ostoform financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ostoform leadership team

Management profile

Number of profiles

Profiles3 records

Ostoform funding detail

Funding detail

Funding overview

Funding rounds6 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Ostoform M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ostoform

What does Ostoform do?

Ostoform designs, manufactures, and sells patented FLOWASSIST-based ostomy care medical devices — including the FLOWASSIST Seal (moldable barrier ring with non-absorbent directional spout), the FLOWASSIST 2-Piece Pouch system (flat and convex baseplates with drainable, closed, and urostomy pouch variants), and the Crest Moldable Barrier — for ostomy patients and the healthcare professionals who serve them. The core technology directs stoma output into the pouch while protecting the hydrocolloid adhesive from absorption and erosion, with the goal of preventing leakage and peristomal skin complications.

Is Ostoform a public or private company?

Ostoform is a private company. It is classified as venture growth investor backed and is currently operating.

When was Ostoform founded?

Ostoform was founded in 2016. It employs 11 to 50 people.

Where is Ostoform based?

Ostoform is headquartered in Dublin, Ireland, in the Europe region.

How does Ostoform make money?

One revenue line is on record: ostomy Medical Devices.

Who are Ostoform's main competitors?

Trio Healthcare is listed as an emerging player. Direct peers are Pelican Healthcare, Welland Medical, Salts Healthcare and Marlen Manufacturing. Mölnlycke Health Care is listed as an others. Broad incumbents are B. Braun Medical, ConvaTec, Hollister Incorporated and Coloplast.

Does Ostoform have an API?

No public API is recorded for Ostoform.

What industry is Ostoform in?

Ostoform's product category is Ostomy Care Medical Devices. Its primary akta.pro industry code is HLAHALAG, Ostomy Care Products (Pouches, Barriers/Wafers, Accessories, Skin Protection), with a secondary code of HLADAFAH, Home-Based Wound Care & Ostomy Nursing. Its NAICS code is 339113 and its SIC code is 3841.

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Live signals
Patent-ArtAdvancements in Ostomy SystemsAn industry overview describes ostomy pouching systems, their common types and problems including skin inflammation, leakage and malodor, and recent innovations. It covers the TIES implant from OstomyCure, the Alfred SmartBag from 11 Health, Ostoform's barrier ring, SphinX, S2TOP and StomaLife, plus recalls and major players Coloplast, Convatec and Hollister.RebrandlyThree Irish companies secure funding of €24.3m from European programmeThree Irish companies—ATXA Therapeutics, Peregrine Technologies, and Ostoform—secured €24.3m in EIC accelerator funding. The grants combine up to €2.5m in grants with equity investment, covering projects in cardiopulmonary drugs, AI recycling, and ostomy appliances. The second round selected 75 companies from 21 countries for over €396m.Think Business3 Irish businesses secure €24m in Horizon Europe fundingThe European Commission has approved €24.3 million in funding from the EIC Accelerator Programme for three Irish companies: ATXA Therapeutics, Peregrine Technologies, and Ostoform Limited. This grant and equity financing supports their respective projects in developing cardiopulmonary treatments, AI-driven WEEE recycling, and medical appliances for ostomy users.The Irish TimesThree Irish companies secure funding of €24.3m from European programmeThree Irish companies—ATXA Therapeutics, Peregrine Technologies, and Ostoform—have been selected to receive a total of €24.3 million in funding from the European Innovation Council (EIC) accelerator programme. The EIC provides blended finance through grants and equity investments to support innovation in sectors such as healthcare, AI, and recycling.BitlyThree EI firms win €24m in Horizon Europe FundingThree Enterprise Ireland-backed companies—ATXA Therapeutics, Peregrine Technologies, and Ostoform Limited—have been awarded a total of €24.3m in funding from the European Innovation Council (EIC) Accelerator Programme. This grant is part of the EU's Horizon Europe 2021-2027 Research and Innovation Programme, which provides blended finance to support deep-tech startups and spin-outs in scaling their innovations.RTE.ieThree EI firms win €24m in Horizon Europe FundingThree Irish companies—ATXA Therapeutics, Peregrine Technologies, and Ostoform Limited—have been awarded a total of €24.3 million in funding from the European Innovation Council (EIC) Accelerator Programme. This grant, part of the EU's Horizon Europe 2021-2027 initiative, supports the development of innovative technologies ranging from cardiopulmonary drugs to AI-driven e-waste recycling.OstoformOstoform Awarded €2.5M in Grant Funding from the European Innovation Council (EIC) Accelerator ProgramOstoform has been awarded a €2.5 million non-dilutive grant from the European Innovation Council (EIC) Accelerator program, selected from over 1,000 applications across Europe. The funding will be used to advance and scale FLOWASSIST, a patented innovation designed to reduce skin complications for ostomy pouch users. This support enables Ostoform to accelerate its mission to make the technology more widely available globally.