CANAMET Inc., a start-up business spun out of the
research arm of Canada's Department of National Defence (DND) is celebrating
its first year in business with FDA approval of its first product, Piesometer
Mk-1 automated ambulatory blood pressure monitoring system. In addition, the
company has also announced new sales to distributors in Taiwan and China worth
US $255,000.
Canamet's affordable medical technologies cancel out the noise that occur
in noisy, ambulatory environments allowing personnel in ambulances, airplanes,
battlefields, and remote communities instant access to the best medical advice
available. The information is transmitted to medical facilities using any
telephone line.
The technologies were developed by Canamet CEO Dr. Stergios Stergiopoulos
while he was a Defence Scientist at Defence Research & Development Canada
(DRDC) Toronto: the Canadian government holds the patent rights for these
technologies. Canamet was created to commercialize the inventions.
"We know the Defense Department has been very keen that we bring these
products to market," said Dr. Stergiopoulos, "and we believe our hospitals and
home care businesses will quickly see the value of our devices as well.
"We are obviously pleased that the blood pressure monitor has been
quickly picked up in markets in Taiwan and China. There is obviously room for
tremendous growth there."
In his lab at the DRDC, Dr. Stergiopolous determined that the noise and
vibrations could be virtually cancelled out using appropriately designed
signal processing software. His concepts were refined, developed and patented
as part of the DRDC Toronto military medicine research program. CANAMET is
licensed to further develop and market them.
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The Piesometer Mk-1 is a part of a suite of products developed by the
Toronto-based company that provides a portable, easy-to-use kit which, as well
as saving lives, can prevent or relieve health emergencies.
Other products in their development pipeline include:
- Vital Signs 7 in 1 is a unique device which samples and reports
signals from the body and external environment with Graphic User
Interface and telemedicine functionality that allows for records to be
transmitted over land or wireless phones or to be monitored over
internet;
- MC-CAT software which converts an old CT scanner into a
state-of-the-art CT with the equivalent cardiac and 3D imaging
capabilities as a multi-slice CT scanner at a fraction of the cost of
a new machine;
- Digital, portable 2D and 3D ultrasound systems that use aperture and
adaptive beam-forming techniques to provide superior image resolution
at minimal cost;
- And, an intracranial ultrasound system that provides monitoring of
brain density variations and the early diagnosis of stroke, brain
haemorrhage, edema and head injuries.
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