MEDICAL DEVICE INNOVATION - Medical Device Daily
MEDICAL DEVICE INNOVATION - Medical Device Daily
MEDICAL DEVICE INNOVATION - Medical Device Daily
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
142<br />
<strong>MEDICAL</strong> <strong>DEVICE</strong> <strong>INNOVATION</strong> 2010<br />
other applications, but that initial focus on the firm’s fivemember<br />
team is development of the system for men before<br />
pursuing other opportunities.<br />
Homan reported that the company thus far has raised<br />
$3.7 million dollars from private investors and other<br />
sources, most recently receiving $400,000 from the New<br />
Jersey Commission of Science and Technology, and a<br />
$740,000 SBIR grant from the National Institutes of Health.<br />
And given the potential clinical and money-saving benefits<br />
of the Surinate, he expressed confidence that the company<br />
is likely to receive additional NIH grant funding “in the<br />
near term.”<br />
(This story originally appeared in the December 10,<br />
2008, edition of <strong>Medical</strong> <strong>Device</strong> <strong>Daily</strong>.)<br />
To subscribe, please call <strong>MEDICAL</strong> <strong>DEVICE</strong> DAILY Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.<br />
Copyright © 2010 AHC Media LLC. Reproduction is strictly prohibited.