• 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
    Computer Concepts for Medical Device Design

    IVD Manufacturers Are Being Put to the Test

    The New State of Medtech Outsourcing

    The Changing Face of Medtech Surface Treatment

    The Totally Tubular Technologies that Support Medical Devices
    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
    Vascular Surgeon Imprisoned and Fined for Decade-Long Healthcare Fraud

    Remote Monitoring, Digital Health Help Advance Wound Care Treatment

    MLM Biologics Developing Wound Infection Prevention Device for Military

    NovaScan, PHC Corporation Working on Skin Cancer Detection Device

    Ur24Technology Granted Medicare Reimbursement for External Catheter System
    From the Editor
    Blogs
    Guest Opinions
    Top Opinions
    Computer Concepts for Medical Device Design

    IVD Manufacturers Are Being Put to the Test

    The New State of Medtech Outsourcing

    The Changing Face of Medtech Surface Treatment

    The Totally Tubular Technologies that Support Medical Devices
    Top 30 Medical Device Companies
    Market Data
    White Papers
    Top Research
    Checking Up on Surgical Robotics

    Building a Network: How Synchron Is Developing a New Device—and a New Market

    Six Lessons Learned on Developing a Strong Company Culture

    As Hiring Slows, Companies Look Inward to Fulfill Talent Needs

    Artificial Intelligence: Medtech Opportunity or Health Danger?
    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
    NDH Medical Inc.

    Providence Enterprise USA Inc.

    Fusion Biotec Inc.

    Cirtec Medical

    Medbio LLC
    MPO Summit
    Industry Events
    Webinars
    Live From Show Event
    Industry Associations
    Videos
    Career Central
    eBook
    Slideshows
    Top Resources
    3 Key Elements to Consider When Managing a Medtech Sales Force

    Tech-Enabled Virtual Speech Therapy Improves Speech & Communication Skills

    Practical Strategies for Digitization and Integration in Medtech Manufacturing

    Sensors: The Heart of Minimally Invasive Equipment Technology

    Optimizing UX for the Internet of Medical Things
    Companies
    News Releases
    Product Releases
    Press Releases
    Product Spec Sheets
    Service Releases
    Case Studies
    White Papers
    Brochures
    Videos
    Outsourcing Directory
    NDH Medical Inc.

    Providence Enterprise USA Inc.

    Fusion Biotec Inc.

    Cirtec Medical

    Medbio LLC
    • 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.

    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
    • temperature
    • standard
    • dr
    • safety
    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 Breaking News

    • 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

    Loading, Please Wait..

    Trending
    • Philips Names New Supervisory Board Chairman
    • A New Approach To Post-Market Surveillance
    • Healthcare Changes Prompt Medtronic To Merge Sales Force Medtronic, Inc. Is Combining Its U.S. Ca
    • FDA Clears LiveMetric's Wearable Blood Pressure Monitoring Tech
    • Vascular Surgeon Imprisoned And Fined For Decade-Long Healthcare Fraud
    Breaking News
    • Vascular Surgeon Imprisoned and Fined for Decade-Long Healthcare Fraud
    • Remote Monitoring, Digital Health Help Advance Wound Care Treatment
    • MLM Biologics Developing Wound Infection Prevention Device for Military
    • NovaScan, PHC Corporation Working on Skin Cancer Detection Device
    • Ur24Technology Granted Medicare Reimbursement for External Catheter System
    View Breaking News >
    CURRENT ISSUE

    May 2023

    • Computer Concepts for Medical Device Design
    • IVD Manufacturers Are Being Put to the Test
    • The New State of Medtech Outsourcing
    • View More >

    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

    Premium Label & Packaging Solutions Receives Safe Quality Food (SQF) Certification
    Inulinase Enzymes May Benefit Gut Symptoms of FODMAP Digestion
    Verdure Sciences’ Boswellia Ingredient Receives USP Verification
    Coatings World

    Latest Breaking News From Coatings World

    BASF Celebrates 10 Years of its Northeast Research Alliance in the U.S.
    BCF Elects Sharon Harte Its First Female President
    OQ Chemicals Launches Cost-Cutting Program and Organizational Realignment in Germany
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Vascular Surgeon Imprisoned and Fined for Decade-Long Healthcare Fraud
    Remote Monitoring, Digital Health Help Advance Wound Care Treatment
    MLM Biologics Developing Wound Infection Prevention Device for Military
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Catalent Adds New Cryogenic Capabilities at Japanese Facility
    Lifecore Biomedical Enters into $150M New Financing Deal
    WuXi Biologics Receives 2023 ISPE Facility of the Year Award
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    How Robots & Artificial Intelligence are Transforming Unilever's Material Innovation Factory
    Top 10 Most Popular Hair Care Brands in the U.S.—Ranked by Searches
    Aloette Cosmetics Launches Daily Mineral Shield Sunscreen
    Happi

    Latest Breaking News From Happi

    Kérastase Donates $25,000 to The Trevor Project
    Aveda Launches Hypernature Artist Collection
    Amika Leads as the Most Popular Hair Care Brand in the US: Curl Centric
    Ink World

    Latest Breaking News From Ink World

    BCF Elects Sharon Harte First Female President in Its History
    Weekly Recap: INX Digital, Mexar and hubergroup Top This Week’s Stories
    Richnerstutz AG Acquires an EFI VUTEk Q5r Superwide Roll-to-Roll Printer
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Mactac acquires Label Supply, Beontag grows and more
    Sun Chemical releases Spring 2023 Regulatory Newsletter
    Tageos unveils new RAIN RFID inlays
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Weekly Recap: Corman, Tosama Develop Biodegradable Plastic Tampon Applicator, Trevira Changes Name
    Suominen Appoints SVP, Transformation Management Office
    Minnesota Signs PFAS Ban in Consumer Products
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    AlloSource Launches AlloMend Duo Acellular Dermal Matrix
    TendoNova Inks Partnership With AcCELLerated Biologics
    Stryker Achieves First Surgeries Using Q Guidance System with Cranial Guidance Software
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Partner Workshops Start Solliance 2.0
    Weekly Recap: Smart Skis, Universal Display Top This Week’s Stories
    Wiliot Appoints Antony Yousefian as VP of Climate & Circularity

    Copyright © 2023 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