Maryland start-up delivers an operating room quality respiratory profile to the patient bedside and home
COLUMBIA, Md. (December 20, 2022) – TEDCO, Maryland’s economic engine for technology companies, announced today its Venture Funds invested $300,000 in Linshom Medical, Inc., a start-up that is eliminating the morbidity, mortality and expense caused by unrecognized respiratory decline in healthcare.
“Current standard of care is missing many adverse event warnings from patients and about 75% of these warnings are respiratory in origin. Up to two million codes per year are potentially avoidable. Our sensor is a non-invasive device that solves this disconnect between standard of care and patient needs for continuous predictive respiratory monitoring (CPRM),” explains Ric Hughen, CEO of Linshom Medical. “With CPRM clinical teams gain advance notice of respiratory decline where action can be taken to avoid complications and patient injury.”
Linshom Medical, based in Ellicott City, Md., developed and patented the respiratory sensor technology and then gained FDA clearance with validating data from the Cleveland Clinic and Harvard. The company is entering a $2 billion US market next month via clinical study at Ohio State University Wexner Medical Center. The technology was advanced in 2021 with an $800K US Air Force Small Business Innovation Research (SBIR) contract in the dual use program for civilian and military applications. The National Institutes of Health (NIH) also recently awarded Linshom Medical a $2.4 million SBIR fast-track grant to further advance the technology and product.
“With Linshom's device, patients respiration will be tracked in real time and alert healthcare workers immediately of a breathing problem,” said Katherine Hill Ritchie, senior director of Venture Funds, TEDCO. “TEDCO’s investment will help Linshom grow and provide patients with a non-invasive, comfortable solution that leads to better results and care.”
TEDCO’s evergreen Venture Funds are dedicated to funding and growing the next generation of early-stage businesses in Maryland. For entrepreneurs interested in TEDCO’s funding opportunities, please visit https://www.tedcomd.com/funding.