Tele: 561.316.3330
Breaking Medical Device News

Wednesday, September 22, 2021

HomeSunTech MedicalSunTech Medical and Valencell Announce Collaboration Agreement

SunTech Medical and Valencell Announce Collaboration Agreement

Companies to Develop New Blood Pressure Measurement Solutions that Will Enhance Patient Safety

Today SunTech Medical Inc., a provider of clinical-grade blood pressure measurement technologies and devices, and Valencell Inc., provider of highly accurate biometric sensors for wearables, are announcing a collaboration agreement to jointly develop new blood pressure measurement solutions that will enhance patient safety.​

SunTech Medical reports the goal is to combine the gold-standard accuracy of SunTech’s Advantage™ cuff-based blood pressure technology, and its superior TMT (Transport Motion Tolerance) capabilities, with continuous BP estimation from Valencell’s optical PPG (photoplethysmography) technology, in order to provide a new and better BP measurement solution for higher acuity market segments like hemodialysis, emergency medicine, OR and ICU, ambulatory BP studies and cardiac rehabilitation, and sleep.

SunTech Medical reports this multi-year agreement will allow the companies to work together to develop customized solutions and products for other medical device OEMs, as well as allowing SunTech to incorporate Valencell technology in its finished, branded products.​

“The combination of multiple motion-tolerant technologies and measurement modalities from SunTech and Valencell will enable comfortable, continuous, clinical-grade BP monitoring for many applications,” said Paul Matsumura, SunTech’s Senior Director of Research and Technology about how the technologies could work in concert. “SunTech and Valencell are each the best in their field of motion tolerant blood pressure and PPG technology, respectively. Both together is a winning combination in the clinical space,” said Julian Mullaney, SunTech’s Vice President of R&D about the deal.

Dr. Steven LeBeouf, Valencell’s President and Co-Founder, had this to say about the multi-year collaboration agreement: “SunTech Medical is a universally respected industry leader in clinical-grade BP solutions, and their expertise in this area has been clear from the very beginning of our work together. We are extremely happy to be working with SunTech to bring new technologies and capabilities to market together for the clinical sector and for patients around the world. Our two companies have identified critical medical use cases that can only be effectively addressed by combining Valencell’s deep-PPG technology with SunTech’s motion-tolerant blood pressure technology.”

The collaboration agreement was signed in conjunction with an investment in Valencell by SunTech Medical’s parent corporation, Halma plc.

“We’re very pleased that two leading medical technology firms in North Carolina could come together to create new blood pressure solutions that will improve patient care and safety,” said Rob Sweitzer, SunTech’s President. “The Valencell team is exceptional, and as they engage with the clinical-grade blood pressure experts at SunTech, I’m certain together they’ll develop great new products for our customers. We look at this agreement as a framework to innovate with them long into the future.”

Kent Novak, Valencell’s CEO, had this to say about the agreement: “This collaboration agreement with SunTech sets the stage for some very exciting work together. Our teams each bring tremendous experience, expertise and technology from our respective domains. Establishing this long term agreement with SunTech helps accelerate the joint innovations that will have meaningful impacts on the market and more importantly on patient outcomes.”

Medical Device News Magazinehttps://infomeddnews.com
Medical Device News Magazine is a division of PTM Healthcare Marketing, Inc. Pauline T. Mayer is the managing editor.

Stay Connected

spot_img

Don't Miss

Kleiner Device Labs Receives FDA Market Clearance for KG2 Surge Flow-Thru Interbody System

The system maximizes total bone graft delivery volume, better distributes graft bilaterally into the intervertebral disc space, and streamlines the implant delivery, positioning, and grafting process for TLIF and PLIF spinal fusion procedures.

Matthew Cranfill New ExtriCARE USA Director Of Clinical Services

"Matt's impressive experience and skillset easily made him our top pick," said Peter Mason, President of ExtriCARE USA.

Shannon Lantzy MedCrypt New VP of Consulting

"I met Shannon at a healthcare-related event several years ago and was immediately impressed with her passion and drive to move healthcare into a digital future," said Mike Kijewski, CEO of MedCrypt.

Mark Foster Joins Xenocor BOD

Foster is a versatile and visionary C-Suite executive who brings 20 years of general management and leadership experience from both venture-backed growth-stage organizations and world-class medical device companies

Hinge Health Acquires the Most Advanced Computer Vision Technology for Tracking Human Motion

CEO Daniel Perez explained, “We won’t stop investing in technology to deliver the most patient-centered digital clinic that improves member experience and outcomes while reducing costs. wrnch allows us to take a giant leap forward in all respects.”

Dale W Wood Congratulates the Huma Team on Raising $130 Million

Major health and technology companies across the world have committed upwards of $130 million to Huma Therapeutics, the health-tech company backed by Dale Ventures.

Rhaeos Awarded $4 Million NIH SBIR Grant

Under the NIH SBIR grant, Rhaeos will leverage their existing wireless sensor hardware to provide additional quantitative flow data to the clinician, giving insight into this currently inaccessible and highly relevant shunt performance metric.

By using this website you agree to accept Medical Device News Magazine Privacy Policy