2023-05-29

BioMimir Inc., a medical device company developing biomaterials-based solutions for complex wounds, announced their graduation from the 2022/2023 Biomedical Engineering stream of the Creative Destruction Lab (CDL) program at the Sauder School of Business, University of British Columbia. BioMimir uses synthetic biomimetics to design tri-functional biomaterials that are self-adhesive, anti-inflammatory, and anti-fibrotic. Their lead product is a wound filler designed for complex wounds like ulcers, abscesses, and fistulas.

“CDL has expanded our network and given us access to unique, actionable innovation insights,” says Dr. Fiona Simpson. “We’ve been fortunate to have incredible mentors who have propelled our growth and expansion over the last 8 months.”

About BioMimir

BioMimir Inc. is a female-founded, pre-seed medical device company that specializes in regenerative medicine. We design adhesive, anti-inflammatory, pro-regenerative wound fillers for use in complex wounds. Our objective is to make regenerative wound healing products that are affordable, accessible, and address unmet needs in reconstructive surgery.

About Creative Destruction Lab

Creative Destruction Lab (CDL) is a nonprofit organization that delivers an objectives-based program for massively scalable, seed-stage, science- and technology-based companies. Its nine-month program allows founders to learn from experienced entrepreneurs, increasing their likelihood of success.

Founded in 2012 by Professor Ajay Agrawal at the University of Toronto’s Rotman School of Management, the program has expanded to eleven sites across five countries: Oxford (Saïd Business School, University of Oxford), Paris (HEC Paris), Atlanta (Scheller College of Business, Georgia Institute of Technology), Madison (Wisconsin School of Business, University of Wisconsin-Madison), Seattle (University of Washington, Foster School of Business), Estonia (Delta Management School, University of Tartu). Vancouver (Sauder School of Business, University of British Columbia), Montreal (HEC Montréal), Calgary (Haskayne School of Business, University of Calgary), and Halifax (Rowe School of Business, Dalhousie University).

Since its inception, companies that have participated in the CDL program have created more than $28 billion (CAD) in equity value. CDL alumni include Ada (Toronto), Atomwise (San Francisco), Kyndi (Palo Alto), Xanadu (Toronto), Maple (Melbourne), BenchSci (Toronto), Kheiron (London), and Roadbotics (Pittsburgh).