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Johns Hopkins Spinoff Readies Medical Device For Sale

Clear Guide Medical LLC is readying its first product, a medical device used in minimally invasive ultrasound surgeries that will be for sale in early 2014. Federal and state grants received this year aided the commercialization process for the Johns Hopkins spinoff, which hopes to receive another state grant early next year.

The Baltimore life sciences company received a total of $550,000 from the federal National Institutes of Health and National Science Foundation, in 2011 and 2012, and $125,000 from the Maryland Technology Development Corp. in 2010 and 2012. It is waiting to hear about another grant from the latter, for $100,000.

Excerpt from Bmore Media, Innovation & Job News, December 18, 2012. Read more >

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Circulomics Awarded Nearly $1M to Develop Multiplex MicroRNA Assay

Circulomics Inc has been awarded two Small Business Innovative Research (SBIR) Phase I awards, totaling $800k over 2 years, to develop its Ligo-miR microRNA assay technology and PicoSep single molecule analysis instrument. These awards were made through the National Institutes of Health’s (NIH) SHIFT initiative. They foster the transformation of academic scientific discoveries into commercial products and feature substantially larger scope than typical SBIR Phase I awards. According to Circulomics CEO Dr. Kelvin Liu, “We see a critical market need for new molecular assays that are not only powerful in nature but also cost effective and easy to use. Winning two such highly competitive awards validates both the novelty of our technologies as well as the new thinking with which we are approaching the market.”

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