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Synapse Biomedical Receives $2.4 Million
Date:12/18/2013

CLEVELAND, Dec. 18, 2013 /PRNewswire-USNewswire/ -- Synapse Biomedical Inc. (www.synapsebiomedical.com) announced today it has been awarded approximately $2.4 million in funding from Ohio Third Frontier Commission to support the next generation design and development of the NeuRx® technology to expand its indications for use in managing critical care patients with respiratory  insufficiency.

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(Fact sheets, patient testimonial, product video and images: www.synapsebiomedical.com/news/media)

"This is an important award for Synapse Biomedical which will significantly accelerate timing of our next clinical trial. We anticipate the NeuRx® and Transloc® technology will lead to a reduction in length of stay (LOS) and improved outcomes for critical care patients.  This support from the Ohio Third Frontier Commission is an important third component in our public, academic and private partnership to make these devices available," said Anthony Ignagni, President and Chief Executive Officer. The technology originated at Case Western Reserve University for spinal cord injured patients and was then developed further by Synapse for ALS and now critical patients.

According to US Department of Health and Human Services 2011 report, over 1.6 million people each year are intubated with mechanical ventilation which results in more than 110,000 people requiring invasive tracheostomy and extended ventilator support.

"Up to 20% of patients who receive mechanical ventilation in the Surgical Intensive Care Unit (SICU) can have difficulty weaning from a ventilator, so the impact of the results
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SOURCE Synapse Biomedical Inc.
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