Monday, August 1, 2011

CID4 Awards Funding and Management Assistance to Longmont's Flashback Technologies - "Advanced Patient Monitoring To Predict Patient Outcome"

Quoting from this morning's news release: "The Colorado Institute for Drug, Device and Diagnostic Development (CID4has selected Longmont, Colorado-based Flashback Technologies, Inc. to receive funding and management assistance. Flashback is advancing development of their proprietary learning framework for the real-time analysis of physiological data.

Hemorrhage is the number one cause of potentially preventable death on the battlefield and in civilian trauma settings. Work under development includes a device powered by software that quickly and reliably detects and estimates blood loss volume and predicts a time to cardiovascular collapse.

Discoveries at the University of Colorado, Anschutz Medical Campus, Department of Surgery, the University of Colorado, Boulder, Department of Computer Science, and the U.S. Army Institute of Surgical Research have revealed several previously unknown hemodynamic relationships leading to a patent-pending platform technology for the real-time analysis of human vital sign data. A set of algorithms, collectively termed the Cardiovascular Reserve Monitor (CRM), is under development with funding from the U.S. Army. The CRM takes as inputs non-invasive physiological sensor data that in real-time: 1) Detects the early onset of hypovolemia (blood loss) 2) Estimates blood loss volume, and 3) Predicts a patient's individual risk for cardiovascular collapse."

Link to the Pitch Engine social media release

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