ISLAMABAD, SEPT 2 – Founder of Byonyks, the medical devices company that developed Pakistan’s first bloodless dialysis machine, Farrukh Usman called on Federal Minister for IT and Telecommunication Syed Amin Ul Haque on Wednesday.
Farrukh Usman, a Harvard graduate has developed a painless and risk-free dialysis machine with the support of Ignite SEED funding and angel investors. Byonyks’ unique technology does not require extracting blood out of the human body to perform dialysis. Patients can perform bloodless dialysis at home without any supervision with protection from life threatening infections. Byonyks is Pakistan’s first biomedical device startup that is developing affordable healthcare technologies using state-of-the-art medical engineering.
During the meeting Farrukh apprised the Federal Minister that multiple patients have used the painless dialysis procedure under prescription and supervision of Pakistan’s leading nephrologists. The testing and trial data is being gathered for feedback and patient health progress. Pakistan will be 5th country in the world to have its indigenously produced “Bloodless” Dialysis Technology after the US, Germany, Japan, France and China.
Syed Amin Ul Haque appreciated the spirit of Byonyks team for developing first of its kind electromedical equipment in Pakistan and putting the country among the leading comity of the world. He said that this machine will be beneficial for common man and kidney patients will get rid of expensive treatment. He hoped that kidney patients from lower strata of society will also be equally benefited from this technology.
The Federal Minister said that the Ministry of IT is fully committed to serve the masses and quip country’s youth with technical skills. He assured full support to Byonyks.
Syed Junaid Imam, CEO Ignite said that our SEED funding continuously looks out for the innovative ideas that can be turned into a commercially viable product. Byonyks has exceeded our expectations by developing this state-of-the-art dialysis machine that saves the patients from frequent hospital visits, recurring procedural hassles, pain and infections.
Current Blood based dialysis that is being used in Pakistan consumes One Million Liters of water for every 10 patients (per year). Byonyks’ BloodlessTM Technology saves 97% water in the process. Current Blood based method leads to Hepatitis C and other blood related infections. Transporting older parents to a dialysis center twice a day is another pain for both parents and working class people.
Byonyks is preparing for industrial manufacturing of its bloodless dialysis machine. The company hopes to reduce the cost of dialysis significantly. The company was founded by MIT, Harvard graduates and medical device experts, Farrukh Usman, Michael Wollowitz, Eric Flachbart, and Dr. Frank Rudolph.