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The use of silver foil in the treatment of varicose ulcers was first recommended by Ludwig Isaak (Dermat. Wchnschr.92:807 [May 30] 1931). In his paper on effective treatment of various ulcers of the leg (Arch. Dermat. & Syph. 41:530 [March] 1940) Isaak again described his technic: After the surrounding skin is protected with a thick layer of paste of zinc oxide the ulcer is covered with a few layers of thin genuine silver leaf and then with a thick layer of cotton and bandaged tightly. To my knowledge, no further publications on the use of silver foil have appeared since.
The main reason that this method did not meet with the approval which it deserves seems to be the difficulty in handling the very thin and easily torn foil. The Duke Laboratories distributed a silver foil on a rigid pink cloth backing (Argentoplast, Beiersdorf), but their supply
REIF FB. TREATMENT OF VARICOSE ULCERS WITH SILVER-COATED ADHESIVE TAPE. Arch Derm Syphilol. 1946;53(5):507–508. doi:10.1001/archderm.1946.01510340073011