Accelerating the development of new therapies
The companies currently hosted within the Institute span a wide range of sectors and technologies.
However they are all united by a common goal—improving patient care.
While many of our vital signs are easily obtained, the one test that doctors rely on to make the majority of their diagnoses – the blood test – can take hours, if not days, for results. Chronus Health has developed a portable device that provides lab results in minutes, allowing for real-time diagnosis and thus promising to dramatically improve time-to-care and patient outcomes. The startup has focused its initial efforts on complete blood count (CBC) and comprehensive metabolic panel (CMP), which account for 50 percent of all blood tests performed in the United States.
Skin cancer is the most common form of malignancy, with more individuals diagnosed each year than for all other cancers combined. For the last 150 years these malignancies have required an invasive biopsy for diagnosis, but Enspectra is leading a digital transformation in pathology by imaging real-time cellular anatomy in living tissue, without cuts or stains.
More than 110 million people worldwide suffer from non-healing, open wounds. High costs and overly complex technology severely limit, if not eliminate, access to advanced wound care technology. Healyx Labs is developing the lowest-cost and easiest-to-use wound vacuum technology for price-sensitive and underserved markets.
Approximately 178 million people in the United States are missing at least one tooth, and a surprising 40 million are missing all their teeth. Currently, dental implants are the top choice of treatment, yet less than two percent of those impacted by tooth loss are able to reap the benefits due to cost, access or medical conditions that prevent them from being a viable candidate for the surgery. iDentical is offering a new solution through its drill-free, non-invasive dental implants that leverage the latest 3D technology with the goal of making tooth replacement safer, faster, more affordable and less-invasive.
Over half a million patients with aging valves and vessels undergo structural repairs of the cardiovascular system each year. Though traditionally open surgeries have become less invasive, physicians are still faced with the challenge of closing large-bore access sites in the femoral artery. Lume is enabling safe and effective closure of these access sites to complement the growing incidence of large-bore endovascular procedures.
Approximately 50 percent of all women in the U.S. will suffer symptoms of a pelvic floor disorder resulting from childbirth by the time they turn 55, and over 20 million suffer from pelvic pain. Materna has developed two therapeutic dilation devices: the first is aimed at preventing maternal pelvic injuries during childbirth and shortening delivery time. The second is helping treat pelvic pain and dyspareunia.
Each year, over 80 million people in the U.S. could benefit from Radial’s smart, wearable compression therapy system for the prevention of deep vein thrombosis, treating restless leg syndrome and healing venous leg ulcers. Radial’s intelligent compression technology combines best-in-class adjustable compression therapy, continuous monitoring, disease detection capability and digital patient engagement.
Urine sample collection remains a standard method used to determine the proper course of treatment for patients and to prevent exposure to potentially harmful medications and procedures. Voyant is automating the urinary diagnostics process with its innovative smart toilet platform, reducing the collection and testing time from about one hour to just five minutes.