|By PR Newswire||
|August 4, 2014 04:25 PM EDT||
NEW YORK, Aug. 4, 2014 /PRNewswire/ -- Vesselon, Inc. is a development stage company that is creating one of the world's first portable devices for the immediate treatment of ischemic stroke -- the most common type of stroke affecting 87% of patients. Vesselon has engaged private investment firm Spencer Trask Ventures, Inc. as its placement agent to market a private preferred round to facilitate development of this immediate and early stroke treatment.
Vesselon's product is an ultrasound device that is intended to be used by paramedics in the field, professionals trained in advanced life support skills, and physicians in hospitals to treat stroke victims early. The portable, noninvasive device is being developed to use non-imaging ultrasound, along with intravenous-administered microbubbles, to dissolve clots.
"We believe our device can be compared to an ultrasound 'automated external defibrillator (AED)' for stroke," stated Clay Larsen, President, CEO and Co-Founder of Vesselon. "It will be designed to immediately treat ischemic stroke victims before or as they arrive at a hospital – critical because minutes matter to save lives and save quality of lives."
Stroke has an enormous impact worldwide. Annually it takes more lives than AIDS, malaria and tuberculosis combined. Prolonged delay in restoring blood flow to affected areas of the brain after an ischemic stroke may result in severe or permanent incapacitation, paralysis, loss of speech or cognitive function. Stroke is the leading cause of permanent disability in virtually every region of the globe.
Standard recommended therapy today in developed countries for ischemic stroke is to use the drug tissue plasminogen activator (tPA) to dissolve a clot. A major limitation is that only about 5% of ischemic stroke patients receive tPA or any acute treatment, as most patients do not meet the strict criteria for tPA use. This means that 95% of ischemic stroke victims do not get any acute treatment.
"This has the potential to remake the whole stroke treatment field, to change the whole ballgame," said Dr. George C. Newman, chairman of the Department of Neurosensory Sciences and director of the Stroke Program at Albert Einstein Medical Center in Philadelphia.
Newman noted that where stroke is concerned, "time is brain," meaning that the quicker the victim gets treatment, the better the chances that brain function will be retained. For every minute left untreated, the brain loses 1.9 million neurons.
Rhodemann Li, Executive VP and Founder of Vesselon noted, "Just as AEDs now save cardiac arrest patients' lives, we believe our proposed portable, battery powered, noninvasive immediate ischemic stroke treatment has the potential to save lives, improve patient outcomes and reduce healthcare costs. This could have a tremendous impact not only in developed countries, but also in developing countries where the burden of stroke is particularly devastating. Since our technology does not involve an imaging device, expensive image acquisition equipment and interpretation training and skills will not be necessary for use by first responders."
The technology is expected to take approximately four to five years to bring to market.
"There are no medical devices available yet for first responders to treat stroke," said Steve Wendler, CEO of Spencer Trask Ventures, the placement agent leading a Series A investment round for Vesselon. "Spencer Trask provides investment and intellectual capital to early stage companies through a network of private investors and business leaders and Vesselon is a prime example of important ideas we realize. We are inviting accredited investors to 'Take Stock in Stroke'," added Wendler.
"Anyone who knows someone who has suffered a stroke understands that time is critical, not just to saving a life but to helping an individual recover, a process that is tedious, expensive, and not always completely successful," added Kevin Kimberlin, lead investor and Chairman of Spencer Trask & Co., parent company of Spencer Trask Ventures, Inc. "We are excited about developing this technology that will change the landscape of treatment for one of the world's deadliest diseases, and help change the world for the better."
Vesselon, Inc., a Spencer Trask venture, is a development stage medical device company seeking to transform ischemic stroke treatment. We are developing a new immediate treatment platform that will use non-imaging ultrasound and a contrast agent of microbubbles to dissolve clots. Just as the introduction of the AED enabled first responders to save cardiac arrest victims' lives, we believe our device could reduce treatment time from hours to minutes and have the potential to save the lives of and quality of life for ischemic stroke victims.
About Spencer Trask Ventures
For more than 20 years, Spencer Trask Ventures, Inc. has united investors and entrepreneurs to build valuable companies that better the world. Our clients have invested more than $1 billion in start-up companies that went on to make significant advances in healthcare, technology and life sciences.
SOURCE Vesselon, Inc.; Spencer Trask Ventures, Inc.
This talk focuses on the application of DevOps fundamentals to include network infrastructure. It draws from real deployment case studies on the extension of today's paradigms to address the challenges of the network infrastructures' ability to seamlessly and cohesively integrate into agile workflows. In this session at DevOps Summit, Arista Networks will focus on configuration management using automation with a nod to future work necessary to include telemetry and ephemeral state information....
May. 6, 2015 01:30 PM EDT Reads: 1,192
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
May. 6, 2015 12:15 PM EDT Reads: 5,853
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developmen...
May. 6, 2015 12:15 PM EDT Reads: 1,000
Database apps on mobile devices shouldn't stop working when there's limited or no network connectivity. In his session at 16th Cloud Expo, Bradley Holt, a Developer Advocate for IBM Cloudant, will discuss how to bring data stored in a cloud database to the edge of the network (and back again), whenever an Internet connection is available. He will demonstrate techniques for replicating cloud databases with mobile devices in order to build offline-enabled mobile apps that can provide a better,...
May. 6, 2015 12:00 PM EDT Reads: 1,067
SYS-CON Events announced today that B2Cloud, a provider of enterprise resource planning software, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. B2cloud develops the software you need. They have the ideal tools to help you work with your clients. B2Cloud’s main solutions include AGIS – ERP, CLOHC, AGIS – Invoice, and IZUM
May. 6, 2015 12:00 PM EDT Reads: 4,516
As cloud gives an opportunity to businesses to buy services externally – how is cloud impacting your customers? In his General Session at 15th Cloud Expo, Fabio Gori, Director of Worldwide Cloud Marketing at Cisco, provided answers to big questions: Do you see hybrid cloud as where the world is going? What benefits does it bring? And how does Cisco connect all of these clouds? He also discussed Intercloud and Cisco’s investment on it.
May. 6, 2015 12:00 PM EDT Reads: 5,192
The WebRTC Summit 2015 New York, to be held June 9-11, 2015, at the Javits Center in New York, NY, announces that its Call for Papers is open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 16th International Cloud Expo, @ThingsExpo, Big Data Expo, and DevOps Summit.
May. 6, 2015 11:15 AM EDT Reads: 3,229
It's time to put the "Thing" back in IoT. Whether it’s drones, robots, self-driving cars, ... There are multiple incredible examples of the power of IoT nowadays that are shadowed by announcements of yet another twist on statistics, databases, .... Sorry, I meant, Big Data(TM), tiered storage(TM), complex systems(TM), smart nations(TM), .... In his session at WebRTC Summit, Dr Alex Gouaillard, CTO and Co-Founder of Temasys, will discuss the concrete, cool, examples of IoT already happening tod...
May. 6, 2015 11:15 AM EDT Reads: 733
SYS-CON Events announced today that CenturyLink, Inc., a leader in the network services market, has been named “Platinum Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. CenturyLink is the third largest telecommunications company in the United States and is recognized as a leader in the network services market by technology industry analyst firms. The company is a global leader in cloud infrastructure and ...
May. 6, 2015 11:00 AM EDT Reads: 1,320
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY., and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides private all-in-one social intranets allowing workers to securely collaborate from anywhere in the world and from any device. Social, mobile, and eas...
May. 6, 2015 11:00 AM EDT Reads: 4,446
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immed...
May. 6, 2015 11:00 AM EDT Reads: 5,862
Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 16th Cloud Expo at the Javits Center in New York June 9-11 will find fresh new content in a new track called PaaS | Containers & Microservices Containers are not being considered for the first time by the cloud community, but a current era of re-consideration has pushed them to the top of the cloud agenda. With the launch ...
May. 6, 2015 11:00 AM EDT Reads: 4,005
The world's leading Cloud event, Cloud Expo has launched Microservices Journal on the SYS-CON.com portal, featuring over 19,000 original articles, news stories, features, and blog entries. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. Microservices Journal offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Follow new article posts on T...
May. 6, 2015 11:00 AM EDT Reads: 2,987
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
May. 6, 2015 11:00 AM EDT Reads: 910
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
May. 6, 2015 10:45 AM EDT Reads: 4,477