MACH32 INC.

$30,000.00 CAD

≈ 5 months of average Canadian pay
Department
National Research Council Canada
Program
Industrial Research Assistance Program – Youth Employment Program
Recipient country
Canada
Fiscal year
2024-2025
Agreement period
June 1, 2024 – February 28, 2025
Reference
nrc-cnrc:172-2024-2025-Q1-1018592

Published purpose

MACH32 is developing a drug-device combination medical product for early intervention and treatment of severe hemorrhage. This device administers a large-volume dose of the antifibrinolytic drug tranexamic acid (TXA). It simplifies the delivery of TXA, a clinically proven generic drug that reduces the risk of death due to bleeding by ~ 30%. TXA is underused because it is difficult to deliver and requires intravenous access; less than 5% of eligible patients receive TXA in a timely manner. This project focuses on the development of a highly concentrated TXA formulation optimized for simple intramuscular delivery in autoinjector format.

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View official source record Imported August 3, 2026 from open.canada.ca Grants & Contributions