OC Business Journal

INCUBATORS:

Matregenix Inc. has invested $1.5 million in a new manufacturing site at the University Lab Partners wet lab incubator at UCI Research Park.

The site triples the company’s nanofiber production capacity and comes at a time as it experiences “significant inbound demand” from mask makers and heating, ventilation and air conditioning companies, Chief Executive Sherif Soliman said.

Matregenix was founded in Boston in 2018 and relocated to Irvine in late 2019. While the company was originally focused on developing a dental barrier membrane, it pivoted to address the pandemic last year, and created a nanofiber filter membrane with 99% filtration for use in masks and other medical apparel.

Since then, third-party labs have also shown the filter membrane has the ability to destroy 100% of bacteria and 99.7% of viruses upon touching the surface.

Matregenix, which hired 12 technical researchers in the past year, is currently generating revenue from manufacturers of N95 respirators as well as contract manufacturing agreements with medical device companies. It is 100% selffunded to date.

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2021-06-21T07:00:00.0000000Z

2021-06-21T07:00:00.0000000Z

https://ocbusinessjournal.pressreader.com/article/281960315708549

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