The Purple Wrap LLC are the developers of the Purple Wrap,™ a Short Stretch Compression Bandage, that serves the unmet needs of millions of patients who need short stretch compression therapy.
Management: We are a physician promoted medical device company, with a combined clinical and business experience of approximately 50 years.
Raj Guptan MD, President
Dr Guptan is an award winning physician scientist, inventor and an executive with over 15 years experience in the health care industry. A key opinion leader who published many original research papers and holds interest in diverse intellectual property. Before this venture, he was the Director of Research for Vein Clinics of America Inc from 2001-2010, where he managed strategic clinical and business development projects which brought in considerable value to the company before its sale to the public corporation IntergraMed America. He has extensive knowledge of medical device business, insurance reimbursement and regulatory. He currently also serves on the board of the international healthcare corporation, Shanthigram Inc.
Brian McDonagh MD, Chairman
Dr McDonagh is an accomplished physician and entrepreneur. He founded Vein Clinics of America (VCA) in 1981, and it is now the world’s largest Phlebology practice specializing in the treatment of Vein Disease. He has contributed many original concepts in vascular medicine including “Venous Mapping”, now considered the gold standard for venous disease diagnosis. He sold VCA to IntegraMed (INMD) in 2007. He conceptualized Purple Wrap concept in 2005, because he saw the need for an efficacious short stretch compression therapy , to help patients with swollen legs, but found that it also had several other beneficial applications.
Vision and Mission
To develop a business which is socially and environmentally conscious, and helps patients manage chronic diseases effectively. We are in mission to lead innovations for better health.
The company is a privately owned company established in the year 2010 with the help of funding from the promoters and Venture partners.