Maryland company continues toward goal of supporting improved patient safety
TEDCO, Maryland’s economic engine for technology companies, announced a recent $400,000 investment into Linshom Medical, a medical device company developing an innovative wearable sensor technology to support patient respiratory monitoring. This recent investment came in two parts – $250,000 from the State Small Business Credit Initiative (SSBCI) funding and $150,000 from the Venture Funds – and was done in conjunction with Abell Foundation.
TEDCO’s SSBCI funds were provided after the State of Maryland chose TEDCO to be one of the various stewards of this essential funding, allowing for more investments in target communities and areas with small, micro and Socially and Economically Disadvantaged Individual (SEDI) businesses. Click here to learn more.
“Linshom Medical is working to deliver an operating room quality respiratory profile to the patient bedside or home for continuous, predictive respiratory monitoring. This FDA cleared system supports advance notice of respiratory decline avoiding costly rapid response activations, rescue events, ICU transfers and deaths,” said Ric Hughen, CEO of Linshom Medical. “Thanks to TEDCO’s investment we can advance our efforts in research, development and commercialization.”
Linshom Medical, based in Baltimore, Md., is a medical device company committed to eliminating the mortality, morbidity and expense due to unrecognized respiratory decline in healthcare.
“Linshom Medical’s device can provide respiratory monitoring at the patient bedside, home and even in the field,” said Katherine Hill Ritchie, senior director of TEDCO’s Venture Funds. “This innovative thinking could lead to supporting numerous patients and physicians.”
Linshom Medical previously received funding from TEDCO’s Venture Funds and Seed Funds. Additionally, Linshom Medical participated in TEDCO’s mdPACE and Loaned Executive programs.
TEDCO’s evergreen Venture Funds are dedicated to funding and growing the next generation of early-stage businesses in Maryland. Learn more at https://www.tedcomd.com/funding/venture-funds.
About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.
About Linshom Medical, Inc.
Linshom (“to breathe”) Medical is first to deliver an operating room quality respiratory profile to the patient bedside or home for continuous, predictive respiratory monitoring (CPRM). Our patented, FDA cleared, wearable sensor provides a predictive (vs. responsive) respiratory profile including Respiratory Rate (RR), relative Tidal Volume (rTV) and Seconds Since Last Breath (SSLB) that are all delivered continuously and in real time. Our mission is to eliminate the morbidity, mortality and cost due to unrecognized respiratory compromise in healthcare. For more information, visit https://linshomforlife.com/ or write to info@LinshomForLife.com.
