XenoPatch

XenoPatch GmbH, a medical technology company formerly known as Healyxz, was established in Germany in 2023 by CEO Paul Thouet and CFO Felix Goldschmid. The company is headquartered in Halle (Saale). The founding team was motivated by personal experiences with the inadequacy of existing solutions for pain relief, which were often disposable, bulky, or not individually adjustable. In July 2024, XenoPatch successfully secured a seven-figure pre-seed funding round led by bmp Ventures with the IBG funds, and supported by SCE Ventures, the Berlin Angel Fund, and other angel investors. This capital is intended to accelerate the medical device approval process and facilitate market entry.

The company is focused on developing and distributing therapeutic wearable devices designed to alleviate intramuscular pain, particularly back pain, a widespread issue in Germany. XenoPatch targets both individuals with acute and chronic pain, as well as healthcare professionals like physiotherapists. The business model centers on the sale of its reusable smart-patches. The company's flagship product is a multi-patented, app-controlled wearable belt, the XenoBelt, that combines heat, cold, and vibration therapy. This device offers precise temperature control, allowing for personalized treatment that can be adjusted to a user's specific needs. It is designed to be wireless and flexible, fitting various body shapes for comfortable use. The products are slated to be available from the fourth quarter of 2024.

The core of XenoPatch's offering is a wearable device that provides rapid heating and cooling capabilities. This allows users to switch between heat and cold therapy to address different conditions and needs. The integration of these therapies with vibration aims to enhance the effectiveness of treatments, improve muscle recovery, and reduce muscle stiffness. The device is controlled via a mobile application, enabling users to customize their therapy sessions. This approach provides a more flexible and effective alternative to traditional pain relief methods, simplifying the workflow for both patients and therapists.

Keywords: medical technology, pain relief, therapeutic wearables, heat therapy, cold therapy, vibration therapy, physiotherapy, back pain, muscle recovery, smart-patch, MedTech, app-controlled device, thermotherapy, chronic pain management, wearable technology, healthcare technology, personalized medicine, non-invasive treatment, pain management solutions, telemedicine