Navigation Links
LSDF makes grants to commercialize health-related products

SEATTLE, Washington, June 27, 2013 The Life Sciences Discovery Fund (LSDF) today announced nearly $1.5 million in Proof of Concept grants to Washington for-profit and non-profit organizations to foster translation of health-related technologies from idea to market launch. Also announced was over $300,000 in supplemental funding to two ongoing grants to enhance the commercial potential of the technologies developed through those awards. (See Backgrounder Information.)

The LSDF Board of Trustees made the final award selections following review of proposals for scientific and technical merit, commercial potential, and possible health and economic benefits.

The six Proof of Concept grants will advance the development of products to better prevent, diagnose, or treat brain injury, infectious diseases, and cancer. Funding will also support applications of information technology to improve the efficiency and cost-effectiveness of medical care.

"LSDF continues to be impressed with the high quality of the technologies emerging from Washington's research organizations and companies, and we are pleased this quarter to announce our largest cohort of commercialization-focused awards to date," stated LSDF executive director John DesRosier. "These grants are intended to accelerate commercial development of promising technologies that will enhance the health of Washington's residents and contribute to economic prosperity."

The grant supplement to the University of Washington builds upon LSDF-funded initiatives that have improved surgical care, saved the state over $67 million dollars in health-care costs, and saved hundreds of lives. LSDF will provide up to $285,204 to principal investigator David Flum to expand these activities to engage patients before they enter the hospital and to develop a business model.

The grant supplement of up to $23,000 to Viket Medical Corporation will support software enhancements to a device that rapidly visualizes and removes blood clots from the brain in stroke patients.

"LSDF's prior investments in Dr. Flum's health-care initiatives and Viket's catheter have been very successful in terms of technology and process validation, follow-on funding, and cost savings," noted board chair Lura Powell. "However, additional work is still required for sustainability and broad translation, and we are pleased to provide supplemental funding to support such efforts."


Contact: Cathy Manner
Life Sciences Discovery Fund

Related medicine news :

1. New Dental Plan Makes Dental Care More Affordable for Laura Torrado’s and Dr. Shawn Sadris' Patients
2. New Website Makes Weight Loss "Ridiculously Easy"
3. Practical approach makes new ESC cardiac pacing and resynchronization guidelines accessible to all
4. Brain cancer: Hunger for amino acids makes it more aggressive
5. Saul Schottenstein Foundation B Makes a Grant to Partnership Resources, Inc.
6. New NHCPS App, CertAlert+, Makes Health Care Providers’ Lives Much Easier
7. Third Generation California Vintner Cheryl Indelicato Makes Strides in the Fight Against Breast Cancer
8. Comfort & Harmony™ Welcomes Spring Babies, Shares Breastfeeding Benefits for Moms and Newborns, Makes Breastfeeding Easier with mombo™ Nursing Pillow at Babies “R” Us
9. PrognoCIS EMR iPhone App Makes Care Delivery Possible During Internet Outage
10. Altman Fitness Makes Location Move; Boot Camp Program Remains the Same
11. New technology makes breast cancer surgery more precise at UC Irvine
Post Your Comments:
(Date:11/30/2015)... ... November 30, 2015 , ... ... states in the U.S. require dental technicians to be certified or obtain continuing ... NADL created the “What’s In Your Mouth?” campaign to inform dentists that the ...
(Date:11/30/2015)... ... 2015 , ... MOSI recently added two state-of-the-art augmented reality (AR) experiences from ... to their collection of interactive exhibits within the Kids In Charge! building. In collaboration ... to get closer than ever to a range of animals as they drink, sleep ...
(Date:11/30/2015)... Flint, Michigan (PRWEB) , ... November 30, 2015 ... ... a safe and fun atmosphere for Halloween festivities, the Word of Life Christian ... classic children’s board game, and featuring a giant 1.25 ton pile of candy ...
(Date:11/30/2015)... ... , ... The presidential race normally deals with political issues of national importance ... news story when Donald Trump makes disparaging remarks about Hillary Clinton’s hairstyle? It is ... wants to admit when it comes to how people are viewed by others. , ...
(Date:11/30/2015)... , ... November 30, 2015 , ... ... at a University of Delaware Accounting and Management of Information Systems course. Based ... for mid-market businesses. Sommer will speak at before student in the Enterprise Resource ...
Breaking Medicine News(10 mins):
(Date:11/30/2015)... , November 30, 2015 /PRNewswire/ ... --> adds a ... for 2010 - 2015 with comprehensive ... a range of deal types, such ... strategic alliances. ...
(Date:11/30/2015)... INDIANAPOLIS , Nov. 30, 2015  PTS Diagnostics, ... as CardioChek ® analyzers, A1CNow ® systems, ... of a family of patents that will propel the ... and Europe . The ... cameras, such as those on smartphones and tablets, and ...
(Date:11/30/2015)... , Nov. 30, 2015 iCAD, Inc. ... will feature its latest solutions for advanced image ... of cancer at the Radiological Society of North ... Chicago from November 29 to December ... advances including iReveal®, an automated breast density assessment ...
Breaking Medicine Technology: