• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Opinions
    • Top 30
    • Research
    • Supply Chain
    • Device Sectors
    • Directory
    • Events
    • Resources
    • Microsites
    • More
  • Magazine
  • News
  • Opinions
  • Top 30
  • Research
  • Supply Chain
  • Device Sectors
  • Directory
  • Events
  • Resources
  • Microsites
  • Current / Back Issues
    Features
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Reprints
    Subscribe Now
    Advertise Now
    Top Features
    Cybersecurity Challenges Leave Medical Device Makers Insecure

    OEMs Are Demanding Designs that Challenge Suppliers

    Diabetes Technology Manufacturers Seemingly on a Sugar Rush

    Post-Pandemic Partnerships: A Full-Service Outsourcing Discussion

    Discovering the Value of Surface Treatments and Coatings for Medtech
    OEM News
    Supplier News
    Service / Press Releases
    Online Exclusives
    Press Releases
    People in the News
    Product & Service Releases
    Supplier News
    Medtech Makers
    Technical Features
    International News
    Videos
    Product & Service Releases
    Live From Shows
    Regulatory
    Financial/Business
    Top News
    I-VASC Raises 1.8M Euros in Series A Funding

    Endotronix Shares Positive SIRONA 2 Heart Failure Trial Data

    FDA Clears Truvic's Prodigy Thrombectomy System

    Medical Device CEO Charged With Tax Evasion

    MPO's Most-Read Stories This Week—May 21
    From the Editor
    Blogs
    Guest Opinions
    Top Opinions
    Cybersecurity Challenges Leave Medical Device Makers Insecure

    OEMs Are Demanding Designs that Challenge Suppliers

    Diabetes Technology Manufacturers Seemingly on a Sugar Rush

    Post-Pandemic Partnerships: A Full-Service Outsourcing Discussion

    Discovering the Value of Surface Treatments and Coatings for Medtech
    Top 30 Medical Device Companies
    Market Data
    White Papers
    Top Research
    Injecting Neurostimulators into Blood Vessels (We Swear, It’s Not Sci-Fi)

    Understanding the Costs of Care in the OR

    Sick of Being Sick: Pandemic Fatigue Flares at AAOS

    Managing Critical Healthcare Supply Chains in Turbulent Times

    To Drive Value, Human Capital Leaders Turn to Outsourced Solutions
    3D/Additive Manufacturing
    Contract Manufacturing
    Electronics
    Machining & Laser Processing
    Materials
    Molding
    Packaging & Sterilization
    R&D & Design
    Software & IT
    Testing
    Tubing & Extrusion
    Cardiovascular
    Diagnostics
    Digital Health
    Neurological
    Patient Monitoring
    Surgical
    Orthopedics
    All Companies
    Categories
    Company Capabilities
    Add New Company
    Outsourcing Directory
    Arthur G. Russell Co. Inc., The

    Trademark Plastics Inc.

    BMP Medical

    Concise Engineering

    Fusion Biotec Inc.
    MPO Summit
    Industry Events
    Webinars
    Live From Show Event
    Industry Associations
    Videos
    Career Central
    eBook
    Slideshows
    Top Resources
    3D Printing in Dental Prosthodontics, Orthodontics, and Surgery

    What New Tech Can Improve Your Medical Manufacturing Plant?

    Why Medical Device Firms Must Navigate the Muddy Waters of ESG Requirements

    Medical Device Servicing vs. Remanufacturing

    Digital Marketplaces for Medical Equipment Come of Age
    Companies
    News Releases
    Product Releases
    Press Releases
    Product Spec Sheets
    Service Releases
    Case Studies
    White Papers
    Brochures
    Videos
    Outsourcing Directory
    Arthur G. Russell Co. Inc., The

    Trademark Plastics Inc.

    BMP Medical

    Concise Engineering

    Fusion Biotec Inc.
    • Magazine
      • Current/Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Editions
      • Subscribe Now
      • Advertise Now
    • News
    • Directory
      • All Companies
      • ALL CATEGORIES
      • Industry Associations
      • Company Capabilities
      • Add Your Company
    • Supply Chain
      • 3D/Additive Manufacturing
      • Contract Manufacturing
      • Electronics
      • Machining & Laser Processing
      • Materials
      • Molding
      • Packaging & Sterilization
      • R&D & Design
      • Software & IT
      • Testing
      • Tubing & Extrusion
    • Device Sectors
      • Cardiovascular
      • Diagnostics
      • Digital Health
      • Neurological
      • Patient Monitoring
      • Surgical
      • Orthopedics
    • Top 30 Company Report
    • Expert Insights
    • Slideshows
    • Videos
    • eBook
    • Resources
    • Podcasts
    • Infographics
    • Whitepapers
    • Research
      • White Papers
      • Case Studies
      • Product Spec Sheets
      • Market Data
    • MPO Summit
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Microsite
      • Companies
      • Product Releases
      • Product Spec Sheets
      • Services
      • White Papers / Tech Papers
      • Press Releases
      • Videos
      • Literature / Brochures
      • Case Studies
    • About Us
      • About Us
      • Contact Us
      • Advertise with Us
      • eNewsletter Archive
      • Privacy Policy
      • Terms of Use
    Breaking News

    Mercury Biomed Awarded NIH Grant

    Funding will help company commercialize its patient warming technology.

    Related CONTENT
    • Mercury Partners Acquires DirectMed Parts & Service
    • BrainCool AB Enters U.S. Market With FDA 510(k) Clearance for IQool Temperature Management System
    • FDA Designates N8 Medical's CeraShield Endotracheal Tube as a Breakthrough Device
    • Advanced Cooling Therapy Receives 510(k) Clearance from FDA for Use with New Control Unit
    • Personalized 3D Brain Maps to Guide Neurosurgeries
    Mercury Biomed LLC05.25.17
    Mercury Biomed, a company developing a novel approach to managing core body temperature, has won a non-dilutive Phase I Small Business Technology Transfer (STTR) grant through the National Institute of General Medical Sciences (NIGMS) for $225,000. The award will enable Mercury to accelerate commercialization of its first device, a disruptive solution for warming patients in the peri-operative environment.
     
    “Managing core body temperature safely and effectively in surgical procedures remains a big challenge, and Mercury’s air-free patient warming solution is designed for physicians and hospitals transitioning to value-based care and alternative payment models,” explains Brian Patrick, Mercury Biomed co-founder.

    Fifty three million patients undergo general anesthesia procedures each year and run the risk of life-threatening complications due to rapid reduction of core body temperature in the operating room. Warming patients during surgery has become standard of care, but Mercury Biomed’s approach is vastly different and considerably smarter than existing alternatives. Mercury Biomed’s WarmSmart system, in contrast to alternative methods, works in-concert with the body’s intrinsic thermoregulatory function to noninvasively warm the body core. WarmSmart is physiologically more efficient, less intrusive to the surgical field, easy-to-use, and eliminates the risk of surgical site infection associated with current forced-air warming devices. The global market for patient temperature management solutions is $2.5 billion per year.
     
    "Mercury is deeply appreciative of the assistance provided by the NIH and NIGMS through this STTR program," said Brad Pulver, CEO of Mercury Biomed. "Our mission is to provide the smartest, safest, and most clinically effective solution to help hospitals and surgeons who, in a growing number of cases, are required to accept financial responsibility for patient outcomes. This award expedites our time to market and allows us to continue our rapid progress and initial success toward this goal.”
     
    WarmSmart was developed from research conducted at The University of Texas at Austin. Professor Ken Diller, inventor, principal investigator, and Mercury Biomed’s chief science officer, commented, “An award from this highly competitive STTR program is a testimony to the importance of improving safety and surgery outcomes, and our disruptive discovery for the field of human temperature management. The support of the NIH is validating to our efforts and will be instrumental in translating our technology from my bio heat transfer lab to commercial application."
     
    Based on the results achieved in Phase I and the scientific and technical merit and commercial potential of Mercury Biomed’s project, an additional potential $1.5M in non-dilutive funds may be awarded in Phase II. During Phase II, Mercury Biomed would begin its second pivotal clinical trial with its partner, the Cleveland Clinic, where Drs. Daniel Sessler and Andrea Kurz, along with Dr. Wilton Levine (Mass General) will oversee Mercury Biomed’s clinical efforts. The grant is Mercury Biomed’s second major non-dilutive funding victory, as it was previously funded by the Ohio Third Frontier program.
     
    Based in Cleveland, Ohio, Mercury Biomed is commercializing its proprietary Smart Temperature Management System technology, a breakthrough non-invasive and holistic approach to cooling and warming patients when and where it matters most. Founded in 2015, the company is led by scientific experts and entrepreneurs in the field of therapeutic temperature management. Mercury Biomed’s WarmSmart product is currently in clinical trials and is targeted for a 2018 launch, pending U.S. Food and Drug Administration 510(k) clearance.  

    The National Institutes of Health Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs are designed to award federal research grants to small businesses conducting biomedical research. The goal of these programs is to spur technological innovation leading to commercialization of novel innovative medical technologies to improve public health.
    Related Searches
    • market
    • led
    • clinical trial
    • surgical
    Suggested For You
    Mercury Partners Acquires DirectMed Parts & Service Mercury Partners Acquires DirectMed Parts & Service
    BrainCool AB Enters U.S. Market With FDA 510(k) Clearance for IQool Temperature Management System BrainCool AB Enters U.S. Market With FDA 510(k) Clearance for IQool Temperature Management System
    FDA Designates N8 Medical FDA Designates N8 Medical's CeraShield Endotracheal Tube as a Breakthrough Device
    Advanced Cooling Therapy Receives 510(k) Clearance from FDA for Use with New Control Unit Advanced Cooling Therapy Receives 510(k) Clearance from FDA for Use with New Control Unit
    Personalized 3D Brain Maps to Guide Neurosurgeries Personalized 3D Brain Maps to Guide Neurosurgeries
    Study Shows Significant Reduction in Mothers’ Pain After Cesarean With Use of Retractor Study Shows Significant Reduction in Mothers’ Pain After Cesarean With Use of Retractor
    Extractable/Leachable Chemistry Testing Strategies for Medical Devices Extractable/Leachable Chemistry Testing Strategies for Medical Devices
    Akonni Biosystems Awarded NIH Contract to Develop DNA Purification Device Akonni Biosystems Awarded NIH Contract to Develop DNA Purification Device
    Four Common Misperceptions of Accelerated FDA Approval Four Common Misperceptions of Accelerated FDA Approval
     FlowAid Receives FDA Clearance for the FA100 SCCD FlowAid Receives FDA Clearance for the FA100 SCCD
     Medline Joins Forces with Potrero Medical to Transform Critical Care Monitoring Medline Joins Forces with Potrero Medical to Transform Critical Care Monitoring
    Studies Show Benefits of Flow Forward Studies Show Benefits of Flow Forward's Arteriovenous Fistula Eligibility System
    Massachusetts Life Sciences Center Launches Massachusetts Ramp-Up Program Massachusetts Life Sciences Center Launches Massachusetts Ramp-Up Program
    Delivery Scalpel Prevents Injuries to Babies During C-Section Delivery Scalpel Prevents Injuries to Babies During C-Section
    Microfluidic Device Creates 3D Livers in a Droplet Microfluidic Device Creates 3D Livers in a Droplet

    Related Content

    • Mercury Partners Acquires DirectMed Parts & Service

      Mercury Partners Acquires DirectMed Parts & Service

      This transaction will position DirectMed for accelerated growth and strategic expansion.
      Business Wire 06.02.17

    • BrainCool AB Enters U.S. Market With FDA 510(k) Clearance for IQool Temperature Management System

      BrainCool AB Enters U.S. Market With FDA 510(k) Clearance for IQool Temperature Management System

      IQool System is a next-generation precision surface cooling system intended for temperature management.
      Business Wire 05.31.17

    • FDA Designates N8 Medical

      FDA Designates N8 Medical's CeraShield Endotracheal Tube as a Breakthrough Device

      Device is a specially-modified endotracheal tube coated with a proprietary ceragenin compound formulation.
      N8 Medical LLC 04.24.17


    • Advanced Cooling Therapy Receives 510(k) Clearance from FDA for Use with New Control Unit

      Advanced Cooling Therapy Receives 510(k) Clearance from FDA for Use with New Control Unit

      Platform provides a method to control patient temperature using the esophageal environment.
      Business Wire 04.20.17

    • Neurological | Software & IT | Surgical
      Personalized 3D Brain Maps to Guide Neurosurgeries

      Personalized 3D Brain Maps to Guide Neurosurgeries

      Academic-industry partnership aims to improve brain surgery.
      Washington University School of Medicine 04.07.17


      Trending
      • Quality Management Evolution: What to Expect in 2022
      • 5 Ways Plastics Revolutionized The Healthcare Industry | Medical Product Outsourcing
      • 7 Steps To Create Your Own Medical Device Marketing Plan | Medical Product Outsourcing
      • MPO's Most-Read Stories This Week—May 21 | Medical Product Outsourcing
      • Quality Management Evolution: What To Expect In 2022 | Medical Product Outsourcing
      Breaking News
      • I-VASC Raises 1.8M Euros in Series A Funding
      • Endotronix Shares Positive SIRONA 2 Heart Failure Trial Data
      • FDA Clears Truvic's Prodigy Thrombectomy System
      • RSIP Vision Develops New AI Tool for Prostate MRI Analysis
      • Medical Device CEO Charged With Tax Evasion
      View Breaking News >
      CURRENT ISSUE

      May 2022

      • Cybersecurity Challenges Leave Medical Device Makers Insecure
      • Contract Design for Medtech
      • Diabetes Medical Device Technology Update
      • Medtech Full-Service Outsourcing Q&A 2022

      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      Vitafoods Europe 2022 Attendance Returns to 2019 Level
      Beyond Raw Launches Concept X Pre-Workout Line
      Botanical Ingredient MorActive Evidenced to Relieve Back Discomfort
      Coatings World

      Latest Breaking News From Coatings World

      PPG’s Diane Kappas Recognized as ‘Woman of Influence’ by Pittsburgh Business Times
      BEHR Launches COPPER FORCE Interior Paint
      A New Kind of Primer: Demand for Interior and Exterior Paint Experts Remains High, J.D. Power Finds
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      I-VASC Raises 1.8M Euros in Series A Funding
      Endotronix Shares Positive SIRONA 2 Heart Failure Trial Data
      FDA Clears Truvic's Prodigy Thrombectomy System
      Contract Pharma

      Latest Breaking News From Contract Pharma

      Thermo Fisher, Qatar Genome Program Partner to Advance Precision Medicine
      CPC Launches AseptiQuik Genderless Connector
      Aptamer Group and PinotBio Extend Collaboration Agreement
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      L’Oréal USA Names Han Wen as Chief Digital & Marketing Officer
      NPD Group Reports on Rising E-commerce Sales in China for Prestige Beauty
      Noon Aesthetics Celebrates Ten Years with New Skincare Products
      Happi

      Latest Breaking News From Happi

      Gabriel Letizia Jr. Sentenced to 60 Months in Prison for Falsifying Sunscreen Test Results
      Coptis Appoints Marie Renee Thadal Vice President of Sales and Operations
      Han Wen Appointed L’Oréal’s New Chief Digital, Marketing Officer
      Ink World

      Latest Breaking News From Ink World

      Weekly Recap: Zeller+Gmelin, Sun Chemical and Kornit Top This Week’s News
      Nazdar Celebrates 100 Years with a New Look
      hubergroup Chemicals Exhibits at Paint India for First Time
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      Avery Dennison announces Core Series Portfolio Tape Selector App
      HP Indigo reaches 2,000th active install milestone
      Brook + Whittle's new acquisition, SunDance goes to HP and more
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      Ahlstrom-Munksjö Announces Reorganization of Decor Business Ownership
      Jones Names COO
      Ontex Conducts Pilot Program of Digital Incontinence Care Solution
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      Tom Hedman Named Senior Principal Scientist at Spinal Simplicity
      ODT's Most Read Stories This Week—May 21
      FDA Clears Anika Therapeutics' X-Twist Knotless Fixation System
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      Weekly Recap: Graphene Flagship, Japan Display and LG Display Top This Week’s Stories
      Evonik Launches New Processing Aids for PV Wafer Cutting
      NREL Creates Highest Efficiency 1-Sun Solar Cell

      Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login