- PolyNovo (PNV) is helping those injured in the White Island volcano eruption by suppling its burn repair product, NovoSorb BTM, to local hospitals
- The company has supplied its product to three hospitals in New Zealand and two in Australia
- The Australian company says will continue to supply more product in the coming weeks
- Polynovo is up 1.29 per cent on the market today, trading at 1.96 apiece
Australia and New Zeland are like siblings — always fighting about who is better, especially when it comes to sport. But in times of need, the two countries are always there for each other.
The recent tragedy at the White Island volcano in New Zealand has been a challenging situation for everyone involved. Hospital staff have put in heroic efforts and many hours to support those burnt during the eruption, of which many are still in critical condition.
PolyNovo (PNV) is helping sufferers by suppling its burn repair product, NovoSorb BTM, to local hospitals.
BTM is a synthetic dressing that is used to treat severe burns and wounds, where there is a significant loss of flesh.
Polynovo has supplied BTM to three hospitals in NZ and two in Australia. There are further surgeries scheduled for the week ahead, wherein PolyNovo says it will continue to work closely with hospital teams.
“This is a terrible tragedy, however, in these circumstances you see the beauty of humankind’s capacity to care and support each other,” CEO Paul Brennan said.
“We are humbled to work with surgical teams on both sides of the Tasman to support these people in a desperate time of need,” he added.
The Australian company says it expects to supply more product in the coming weeks.
Polynovo has previously been supplying the product for burns and other traumatic circumstances in New Zealand hospitals.
“When the eruption happened we made contact with the surgeons there to see if they needed anything to let us know and we are available,” Paul told the Market Herald.
How does BTM work? Once the wound id cleaned the BTM dressing is applied and the bodies cells naturally grow into this polymer and essentially regrows its own flesh.
This is the first synthetic option for burn and wound care in the world, as current comparable standards are all organic (porcine/shark), which can create a huge risk of infection.
Paul told The Market Herald that the company is so also developing a bio dissolvable hernia product, which will be in the U.S. market in the calendar year of 2021.
Polynovo is up 1.29 per cent on the market today, trading at 1.96 apiece at 12:04 pm AEDT.
The White Islands explosion
Roughly 30 burn victims were transported to the nearby Whakatane Hospital following last week’s volcano eruption. Patients were placed in induced comas as they tried to heal from severe external and internal burns.
So far, 12 Australians have been transported from NZ hospitals to Australian centres in order to bring victims closer to home.
As of early this morning, the death toll stands at 19 and includes 10 Australians. Many more are still in hospitals across Oceana receiving treatment for critical injuries.
A minute of silence will be observed across NZ at 2:11 pm today AEDT in memory of the lives which have been lost.