• 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
    Pharmaceutical Focus: A Look at Combination Products

    The Printed World: Additive Manufacturing in Medtech

    The Lost Year: 2020 Year in Review

    Extrusion Evolution

    Little Big Parts: Micromolding Under the Microscope
    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
    Top News
    Eitan Medical Receives FDA Clearance for Sapphire Infusion System

    Researchers Successfully ‘Fine Tune’ New Thermoplastic Biomaterial

    RSIP Vision Announces Versatile Medical Image Segmentation Tool

    Vance Street Capital Adds Operating Partner

    Haemonetics to Acquire Cardiva for Up to $510M
    From the Editor
    Blogs
    Guest Opinions
    Top Opinions
    Pharmaceutical Focus: A Look at Combination Products

    The Printed World: Additive Manufacturing in Medtech

    The Lost Year: 2020 Year in Review

    Extrusion Evolution

    Little Big Parts: Micromolding Under the Microscope
    Top 30 Medical Device Companies
    Market Data
    White Papers
    Top Research
    Fixing Face Mask Form and Function

    The Heart of the Matter: Trends in Cardiology

    Virtually the Same? The Challenges of Online Conferences

    Digital Health Delivers During a Year for the Ages

    Advanced Technology for Staking and Swaging Medical Plastics
    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
    K-Tube Technologies

    Element

    Qosina Corp.

    maxon

    Medbio LLC
    MPO Summit
    Industry Events
    Webinars
    Live From Show Event
    Industry Associations
    Videos
    Career Central
    eBook
    Slideshows
    Top Resources
    Meeting Critical Ventilator Product Requirements Amid Pandemic

    Impact of COVID-19 on the Medtech Supply Chain

    Finding the Upside to a Challenging Year

    Preparing Your Design Controls for FDA Approval

    A 'Trial and Error' Approach to Micromolded Parts
    Companies
    News Releases
    Product Releases
    Press Releases
    Product Spec Sheets
    Service Releases
    Case Studies
    White Papers
    Brochures
    Videos
    Outsourcing Directory
    maxon

    MW Life Sciences

    PTI Engineered Plastics Inc.

    Medbio LLC

    Element
    • 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
    • Podcasts
    • Resources
    • eBook
    • 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

    Avive Solutions Raises Additional $7 Million for Cardiac Arrest Response Technology

    The funds will accelerate the company’s development of its platform solution.

    Avive Solutions Raises Additional $7 Million for Cardiac Arrest Response Technology
    Related CONTENT
    • Heraeus Medical Components
    • Let There Be Light: UV Disinfection Technology
    • Inventor of GORE-TEX Technology Dies at 83
    • CarThera Enrolls First Melanoma Patient in SonoCloud Technology Trial
    • CardioMech Gains $18.5M Series A for Transcatheter Mitral Valve Repair Technology
    Business Wire08.27.20
    Avive Solutions Inc. has raised an additional $7 million in funding, bringing the total raised to over $15 million since the company’s inception in 2017. Focused on addressing the global public health issue of sudden cardiac arrest (SCA), Avive is a developer of a next-generation automated external defibrillator (AED) coupled with a first-of-its-kind platform solution for out of hospital cardiac arrest response.
     
    This round was led by new investor Laerdal Million Lives Fund, with participation from Kenko Venture Partners, Irish Angels, and numerous medical device executives and healthcare leaders from current and past companies such as ResMed, Hill-Rom, Evalve, and Northwestern Health. While Avive is in the midst of the U.S. Food and Drug Administration (FDA) review cycle, funding from this round will be utilized to allow the company to begin preparing for commercial launch upon FDA approval. In addition, the funds will accelerate the company’s development of its platform solution and integrations with the emergency response ecosystem to revolutionize out of hospital cardiac arrest response.
     
    Avive was founded with the mission of significantly increasing the dismal survival rates from SCA, which is sudden death caused by an abnormality in the heart’s electrical system (national average survival rates are <10 percent and haven’t appreciably increased for more than two decades). SCA accounts for over 350,000 out of hospital deaths per year in the United States alone; it is the leading cause of death of people over age 40, and the leading cause of death for student-athletes. While cardiopulmonary resuscitation (CPR) can help to “buy time,” a person in SCA must ultimately receive a high energy defibrillation shock delivered from an AED to survive. Immediate treatment is crucial, as every minute that a person goes without receiving a defibrillation shock reduces their chances of survival by 7 percent to 10 percent. Despite their best efforts, currently, the average response time of emergency medical services (EMS) in the United States is eight to 12 minutes, making immediate access to an AED and use of the device by a bystander critical for the survival of a person in SCA.
     
    “Over the past two decades, despite the AED industry deploying millions of units throughout the U.S., there has been no meaningful increase in SCA survival rates across the country,” said Sameer Jafri, co-founder and president of Avive Solutions Inc. “For more than 20 years, the industry’s status quo approach to addressing this significant problem has been to deploy more and more hardware that has modest incremental feature improvements, without addressing the true problem that is inhibiting tens of thousands of additional lives from being saved every year - which is simply getting AEDs where they are needed, when they are needed.”
     
    Avive is taking a fresh approach to addressing this decades-old problem by bringing the most advanced AED technology to market, coupled with a first-of-its-kind platform solution that is designed to integrate with the existing emergency response ecosystem to enable a quicker and more effective response. The company believes that this unique combination of deploying advanced but still accessible hardware, and novel software, has the potential to revolutionize out of hospital cardiac arrest response and massively impact SCA survival rates.
     
    "By bringing data-driven connectivity in the form of an integrated software and device platform, we believe Avive can play a meaningful role across the chain of survival for cardiac arrest," said Jeff Trost, managing partner of Laerdal Million Lives Fund. "By building a superior AED which includes features that create accessible CPR training, and developing a new system to improve rapid defibrillation, while also creating a data link to professional first responders, we are excited about the life-saving technology and opportunity Avive has in front of them, and we are passionate about helping them bring their product to millions of SCA patients."
     
    “We are excited to welcome such a strong group of new healthcare-focused investors to the Avive team, including Laerdal Million Lives Fund, who brings decades of experience pushing the forefront of the resuscitation market via their affiliation with Laerdal (a global leader in the medical education, training and resuscitation industry),” said Rory Beyer, co-founder and CEO of Avive Solutions Inc. “Since our inception, we have been focused on challenging the status quo of the AED industry, which has not gone far enough in building holistic solutions to increase cardiac arrest survival rates. The continued alignment and commitment between our investors, our team, and our partners drive our strategic development forward and allows us to focus on executing our mission as we build a much needed new paradigm for cardiac arrest response.”
    Suggested For You
    Heraeus Medical Components Heraeus Medical Components
    Let There Be Light: UV Disinfection Technology Let There Be Light: UV Disinfection Technology
    Inventor of GORE-TEX Technology Dies at 83 Inventor of GORE-TEX Technology Dies at 83
    CarThera Enrolls First Melanoma Patient in SonoCloud Technology Trial CarThera Enrolls First Melanoma Patient in SonoCloud Technology Trial
    CardioMech Gains $18.5M Series A for Transcatheter Mitral Valve Repair Technology CardioMech Gains $18.5M Series A for Transcatheter Mitral Valve Repair Technology
    FDA Grants Breakthrough Device Designation for Ethicon’s Microwave Ablation Technology FDA Grants Breakthrough Device Designation for Ethicon’s Microwave Ablation Technology
    Lessons Learned: Supply Chain Resiliency in the Face of Unplanned Events Lessons Learned: Supply Chain Resiliency in the Face of Unplanned Events
    Paige Secures an Additional $15M from Goldman Sachs Paige Secures an Additional $15M from Goldman Sachs
    Catheter Ablation Technology and the Circular Economy Catheter Ablation Technology and the Circular Economy
    Researchers 3D Print Sensors Directly onto Organs Researchers 3D Print Sensors Directly onto Organs
    Boston Scientific Boston Scientific's Insertable Cardiac Monitor System Cleared by FDA
    Avoiding the Ripple Effect of Bad Data: Humans and Machines Avoiding the Ripple Effect of Bad Data: Humans and Machines
    One Drop Unveils New AI Predictions for CGM Users One Drop Unveils New AI Predictions for CGM Users
    Surmodics Receives CE Mark for Drug Coated Balloon Surmodics Receives CE Mark for Drug Coated Balloon
    New Materials Impact the Medical Technology Outsourcing Market New Materials Impact the Medical Technology Outsourcing Market

    Related Breaking News

    • Eitan Medical Receives FDA Clearance for Sapphire Infusion System

      Eitan Medical Receives FDA Clearance for Sapphire Infusion System

      Upgraded infusion system provides advanced performance and customization capabilities within hospital, pre-hospital and ambulatory environments.
      Eitan Medical 01.20.21

    • Materials
      Researchers Successfully ‘Fine Tune’ New Thermoplastic Biomaterial

      Researchers Successfully ‘Fine Tune’ New Thermoplastic Biomaterial

      Enables both the rate at which it degrades in the body and its mechanical properties to be controlled independently.
      University of Birmingham 01.20.21

    • Diagnostics
      RSIP Vision Announces Versatile Medical Image Segmentation Tool

      RSIP Vision Announces Versatile Medical Image Segmentation Tool

      Delivers efficient anatomical measurements and better treatment options.
      RSIP Visions 01.20.21


    • Vance Street Capital Adds Operating Partner

      Vance Street Capital Adds Operating Partner

      J. Mark King will work closely with leadership teams of portfolio companies in the medical vertical.
      Vance Street Capital LLC 01.20.21

    • Cardiovascular | Surgical
      Haemonetics to Acquire Cardiva for Up to $510M

      Haemonetics to Acquire Cardiva for Up to $510M

      Enhances penetration into the large and growing interventional cardiology and electrophysiology markets.
      PR Newswire 01.20.21

    • Cardiovascular | Surgical
      Abbott Wins Expanded Medicare Coverage for MitraClip

      Abbott Wins Expanded Medicare Coverage for MitraClip

      Includes patients with secondary (or functional) mitral regurgitation resulting from heart failure.
      Abbott Laboratories 01.20.21


    • Samsara Vision Appoints Three New Board Members

      Samsara Vision Appoints Three New Board Members

      Company recently changed its name from VisionCare Inc.
      Business Wire 01.20.21

    • Diagnostics
      Thermo Fisher Buys Mesa Biotech for $450M

      Thermo Fisher Buys Mesa Biotech for $450M

      Mesa Biotech developed, commercialized a PCR-based rapid POC testing platform for detecting infectious diseases.
      PR Newswire 01.20.21

    • AtriCure Receives FDA Clearance to Expand its Labeling for Cryo Nerve Block Therapy

      AtriCure Receives FDA Clearance to Expand its Labeling for Cryo Nerve Block Therapy

      The expansion includes adolescent patients who can benefit from cryo nerve block therapy during surgical procedures involving the chest wall.
      Business Wire 01.20.21


    • Former Covidien Executive Joins Vesper Medical Board

      Former Covidien Executive Joins Vesper Medical Board

      New board member has over 25 years in sales, marketing and operational leadership roles building innovative technology portfolios.
      Business Wire 01.20.21

    • Ra Medical Pays $2.5 Million to Settle False Claims Investigation

      Ra Medical Pays $2.5 Million to Settle False Claims Investigation

      The company did not admit any liability or wrongdoing.
      Business Wire 01.20.21

    • CHF Solutions Appoints CEO

      CHF Solutions Appoints CEO

      Nestor Jaramillo Jr succeeds John Erb.
      Globe Newswire 01.19.21


    • Surgical
      Freehand Partners with Imperial Medical Solutions

      Freehand Partners with Imperial Medical Solutions

      Supports the introduction of its surgical robots in India, Sri Lanka, Malaysia and the Caribbean.
      Freehand 01.19.21

    • Intersect ENT Announces CMS Approval of Coding Application for Sinus Implant

      Intersect ENT Announces CMS Approval of Coding Application for Sinus Implant

      Establishes new S code for Propel to facilitate specific coding and payment.
      Business Wire 01.19.21

    • Cardiovascular | Patient Monitoring
      Hillrom to Buy Bardy Diagnostics for $375M

      Hillrom to Buy Bardy Diagnostics for $375M

      Advances digital health offering with expansion into attractive ambulatory cardiac monitoring segment.
      PR Newswire 01.19.21


    Trending
    • Telemedicine, Regulatory Changes To Characterize Medtech Industry In 2021
    • Philips Buys Capsule Technologies In $635M Deal
    • Cytotron Gains Breakthrough Status To Treat Breast, Liver, And Pancreatic Cancers
    • Top 10 Trends In The Medical Device And Equipment Industry
    • Haemonetics To Acquire Cardiva For Up To $510M
    Breaking News
    • Eitan Medical Receives FDA Clearance for Sapphire Infusion System
    • Researchers Successfully ‘Fine Tune’ New Thermoplastic Biomaterial
    • RSIP Vision Announces Versatile Medical Image Segmentation Tool
    • Vance Street Capital Adds Operating Partner
    • Haemonetics to Acquire Cardiva for Up to $510M
    View Breaking News >
    CURRENT ISSUE

    November/December 2020

    • Pharmaceutical Focus: A Look at Combination Products
    • The Printed World: Additive Manufacturing in Medtech
    • The Lost Year: 2020 Year in Review
    • 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

    Ingredient Manufacturers Discuss the E-Sports Market
    Euromonitor Names Top Ten Trends for 2021
    Study Highlights Differences Between EPA's and DHA's Effect on Sleep
    Coatings World

    Latest Breaking News From Coatings World

    IGL Coatings Launches Graphene Reinforced Dual System Ceramic Coating
    Miller Paint Declares Simple Serenity its 2021 Color of the Year
    TAUBMANS Paint by PPG Releases ‘Chromatic Joy’ Palettes
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Eitan Medical Receives FDA Clearance for Sapphire Infusion System
    Researchers Successfully ‘Fine Tune’ New Thermoplastic Biomaterial
    RSIP Vision Announces Versatile Medical Image Segmentation Tool
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Global Biosciences Co. Selects ValGenesis VLMS
    Eisai Appoints Chief Clinical Officer of Oncology Biz
    Nexelis Acquires GSK Vax Lab in Marburg
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Top Beauty Brands in the World—And Most Loved Fragrances
    P&G Reports Q2 Results
    A Lacquering Technique Makes Very Good Girl by Carolina Herrera Shine
    Happi

    Latest Breaking News From Happi

    Flow Launches Collagen Waters
    Associations Congratulate Biden & Harris
    David Stanko Joins JPMS
    Ink World

    Latest Breaking News From Ink World

    Morancé Soudure France Adds Comexi F2 MC 10-color Flexo Press
    THIMM Group Installs 1st Koenig & Bauer CorruFLEX
    Cowan Graphics Adds Fujifilm Inca OnsetX3 HS
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Domino grows installation and service teams
    ABG keeps pace with demand with recruitment drive
    Acucote expands FSC-certified portfolio
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    First Quality Launches Incognito by Prevail
    Essity Launches Reusable Underwear Product
    Honeywell Delivered 225 Million Masks in December
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    DJO Acquires Trilliant Surgical
    FDA Breakthrough Device Designation Granted to Spiderwort's Spinal Cord Technology
    Bioventus Appoints SVP of Operations
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    UDC Subsidiary Adesis' Website Wins 2020 MarCom Platinum Award
    Roadsimple Modernizes Warehouse Ops with Zebra Technologies
    Graphene Flagship Launches Redesigned Website

    Copyright © 2021 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