Navigation Links
Frost & Sullivan Presents the 2010 North American Enabling Technology of the Year Award for Surface Functionalization Technologies to Semprus BioSciences
Date:12/21/2010

MOUNTAIN VIEW, Calif., Dec. 21, 2010 /PRNewswire/ -- Based on its recent analysis of the surface functionalization technologies market, Frost & Sullivan recognizes Cambridge, Mass.-based Semprus BioSciences with the 2010 Enabling Technology of the Year Award for Surface Functionalization Technologies. The company's Semprus Platform is a high-performance biofunctional surface modification designed to reduce the complications associated with implanted medical devices while improving healthcare cost efficiencies.

(Logo:  http://photos.prnewswire.com/prnh/20081117/FSLOGO)

"A majority of hospital-acquired infections contracted each year originate with the colonization of bacteria on implantable medical devices, which provide a good surface for bacterial growth," said Frost & Sullivan Research Analyst Prasanna Vadhana. "Owing to the rapid growth in the use of medical device implants and the lack of improved surface technologies, the medical device industry is in dire need of next-generation devices that significantly improve patient outcomes."

To meet this need, Semprus BioSciences has developed the Semprus Platform based on a bioinert, covalently-bonded surface modification that reduces the attachment of bacteria, fungus, platelets and blood proteins to a device.

"Semprus BioSciences' platform is able to adapt to diverse substrates such as polyurethane, silicone and titanium, thus paving the way for next-generation products with improved clinical benefits across the medical spectrum," said Vadhana. "The versatility of this technology creates avenues to address multiple products ranging from contact lenses and orthopedic fixation devices to hernia repair meshes and pacemakers, and many others."

In December 2010, Semprus BioSciences completed an $18 million Series B financing co-led by SR One, the corporate venture capital arm of GlaxoSmithKline, and Foundation Medical Partners (FMP), a national healthcare venture capital investment firm with a strategic relationship with Cleveland Clinic. This funding adds to an $8 million Series A financing round in 2008 that was co-led by 5AM Ventures and Pangaea Ventures, as well as $2.5 million in seed capital raised. Semprus BioSciences has secured global licenses from the Massachusetts Institute of Technology (MIT) and the University of Washington. The company also holds numerous intellectual property filings and grants from the Department of Defense, the National Institutes of Health (NIH) and the National Science Foundation (NSF), for a total of $2.5 million in grant funding since 2008.

Frost & Sullivan's independent technology research confirms that Semprus BioSciences' unique technology platform is the first non-leaching single surface modification designed to simultaneously reduce microbial adhesion and thrombus formation (blood clots) on medical devices with multi-month efficacy. Based on these factors, Frost & Sullivan has selected Semprus BioSciences to receive the 2010 North American Enabling Technology of the Year Award for Surface Functionalization Technologies.

Each year, Frost & Sullivan presents this award to the company that has developed a pioneering technology that not only enhances current products but also enables the development of newer products and applications. The award recognizes the high market acceptance potential of the recipient's technology.

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices in the industry.

About Semprus BioSciencesSemprus BioSciences is a venture-backed biomedical company headquartered in Cambridge, Massachusetts. The company's innovative, multi-faceted Semprus technology signifies a breakthrough in medical device technology. Semprus' current focus is to develop a vascular access catheter with the first single surface modification that is designed to simultaneously reduce microbial adherence and thrombus accumulation over the life of the device. Visit http://www.semprusbio.com for additional information.

About Frost & SullivanFrost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.awards.frost.com.Contact:Jake Wengroff210.247.3806jake.wengroff@frost.com
'/>"/>

SOURCE Frost & Sullivan
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Frost & Sullivan Recognizes Merge Healthcares Clinical Imaging Management Solution as Game Changing Technology
2. Frost & Sullivan Award Highlights Hybridyne Technologies Outstanding Technology Innovation
3. Frost & Sullivan Recognizes Visage Imaging, Inc. for its Medical Imaging Informatics in Healthcare Innovation
4. Frost & Sullivan: Strategic Partnerships Crucial to Medical Device Success
5. Frost & Sullivan Global Product Line Strategy of the Year Award Presented to Xenemetrix
6. Frost & Sullivan Acknowledges Accelrys for Scientific Informatics Solution
7. Low Installation Rates in Retail Pharmacies Across Europe Increase the Growth Potential of the Pharmacy Automation Systems Market, Finds Frost & Sullivan
8. Frost & Sullivan Applauds the Lodox Statscan Critical Imaging System for Outperforming All Competing Products
9. U.S. Ambulatory Electronic Health Record Market Presents Significant Opportunities and Risks for Vendors, Finds Frost & Sullivan
10. Increasing Potential for RIS-driven PACS Modules in Europe, Finds Frost & Sullivan
11. Frost & Sullivan Recognizes QRxPharma for Innovative Pain Relief Product MoxDuo
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/17/2017)... Future published a Half Cooked Research Report on Endoscopy Devices Market. ... million during the period 2016 to 2022 from USD 28.7 million ... ... as a swiftly growing market and expected to grow at a ... various regions.  The increasing growth in endoscopy procedures is influencing the ...
(Date:1/17/2017)... 17, 2016  Attorney Advertising -- Bronstein, Gewirtz & Grossman, ... Anthera Pharmaceuticals, Inc. ("Anthera" or the "Company") (NASDAQ: ... and assist the investigation by visiting the firm,s site: ... certain of its officers and/or directors have violated Sections 10(b) ... ...
(Date:1/17/2017)... 17, 2017  In a letter to President-elect ... Jenkins outlines AARP,s priorities for Americans age 50 ... access to affordable health care coverage, and lowering the ... Jenkins writes to President-elect Trump that "Our nearly 38 ... on you to protect their Medicare and Social Security ...
Breaking Medicine Technology:
(Date:1/17/2017)... Cranbury, NJ (PRWEB) , ... January 17, 2017 ... ... television personality, and breast cancer survivor Sandra Lee as keynote speaker for the ... Miami Beach, Florida. , In making the announcement, PER® president, Phil Talamo, said, ...
(Date:1/17/2017)... York, NY (PRWEB) , ... January 17, 2017 ... ... Inc. Magazine’s fastest-growing private companies and ranked among the top US security companies ... Board of Directors. This announcement brings a year-long independent board nomination process ...
(Date:1/17/2017)... ... 17, 2017 , ... Today, FloSports , a global leader in live ... as part of a long-term extension of their media partnership. The partnership, which began ... of the sport’s premier events exclusively on FloWrestling.com as well as usage of the ...
(Date:1/16/2017)... ... January 17, 2017 , ... ... Pain, an internationally recognized leader in the fast-casual category, announces a hearty and ... the Good Egg Breakfast Sandwich, Turkey Mash-Up Sandwich, Cranberry Crunch & Honey Parfait, ...
(Date:1/16/2017)... ... January 16, 2017 , ... California Southern University has named Dr. Steven ... Board of Trustees and as a core faculty member, teaching master’s and doctoral courses ... of psychology at Pepperdine University, where he earned his Doctor of Psychology degree in ...
Breaking Medicine News(10 mins):