Cloud DX announced today it has been awarded $1.75 million to develop Pulsewave 2.0, a revolutionary solution to remotely monitor patients sent home from the hospital, including those vulnerable to or exposed to the novel coronavirus that causes COVID-19.
The following is a news release issued by AC client Cloud DX.
Cloud DX announced today it has been awarded $1.75 million in Supercluster funding from NGen, Canada’s Advanced Manufacturing Supercluster, to develop Pulsewave 2.0, a revolutionary solution to remotely monitor patients sent home from the hospital, including those vulnerable to or exposed to the novel coronavirus that causes COVID-19.
In countries experiencing peaks of coronavirus infection, hospitals have been overwhelmed with COVID+ patients who require vital sign monitoring. However, even before the pandemic struck, the Province of Ontario reported challenges in finding enough hospital rooms for patients during peak times. Part of the solution to this “hallway medicine” crisis lies in safely discharging as many patients as possible, as fast as possible, including COVID+ patients with non-acute symptoms who may require virtual care at home in order to fully recover from COVID-19.
The Cloud DX Connected Health platform gives doctors the automated monitoring ability they need to send many non-acute patients home sooner, freeing up beds and relieving pressure on front line staff. Pulsewave 2.0 is the next iteration of Cloud DX’s award-winning blood pressure monitor. This Bluetooth-enabled wrist cuff records and analyzes a patient’s radial artery pulse and delivers average breathing rate, average heart rate and blood pressure measurements. The Connected Health platform consists of a mobile application for patients, clinician dashboards, smart software that automates the gathering of vital signs, patient symptom surveys, video and text message capabilities and customized healthcare content. Cloud DX services allow doctors and nurses to set notification triggers that can alert them when a patient’s vital signs or symptoms change. Connected Health and all of Cloud DX’s devices are Health Canada licensed and have been deployed by hospitals and clinics across the country.
NGen funding will help fast-track regulatory approval and transition to manufacturing of the Pulsewave 2.0 and enable Cloud DX to begin manufacturing these innovative vital sign monitors at scale, in Canada. The company expects to create up to 10 new full-time jobs in Kitchener-Waterloo within the 12-month span of the project.
Once this state-of-the-art manufacturing centre is fully operational, Cloud DX plans to expand its product line with additional ground-breaking devices currently underdevelopment, including the wearable Vitaliti™ continuous vital sign monitor which earned the company the Bold Epic Innovator Award as one of 3 winners of the Qualcomm Tricorder XPRIZE competition in 2017.
“Once production begins, Pulsewave 2.0 will be the only Health Canada licensed medical device that simultaneously gathers heart rate, respiration rate and blood pressure remotely from patients at home,” says Robert Kaul, CEO of Cloud DX. “Our solution is one key to helping Canadian healthcare providers monitor thousands of COVID-presumptive patients day after day, and to facilitatingCOVID-19 recovery by helping doctors quickly identify and focus on those patients whose condition has worsened.
“NGen is excited to support Cloud DX in the accelerated delivery of an effective and efficient solution for at-home oxygen and vitals monitoring and to get this solution in the hands of health care practitioners and their patients as soon as possible. This technology can play an instrumental role in relieving burden on Canada’s health care systems while saving lives of patients recovering at home through continuous monitoring and quick intervention should conditions change,” says Jay Myers, CEO, NGen.
About Cloud DX
Cloud DX is a leader in digital healthcare with rapidly growing sales across North America. Our complete remote patient monitoring platform incorporates proprietary medical devices, mobile apps, clinical dashboards, artificial intelligence and EMR integration. In one recent third-party study, Cloud DX technology reduced hospital admissions due to COPD while achieving 100% patient satisfaction. Cloud DX is the co-winner of the Qualcomm Tricorder XPRIZE, a Fast Company “World Changing Idea” finalist and the recent winner of the Waterloo MedTech Startup to Scale Up Award of Excellence.
About NGen - Next Generation Manufacturing Canada
NGen is the industry-led not-for-profit organization that leads Canada’s Advanced Manufacturing Supercluster. Its mandate is to help build world-leading advanced manufacturing capabilities in Canada for the benefit of Canadians. NGen works to strengthen collaboration among its membership of more than 2,000 manufacturers, technology companies, innovation centres, and researchers, and provides funding and business support to industry-led initiatives that aim to develop, apply, or scale-up transformative manufacturing solutions in Canada for commercialization in global markets. In March, NGen announced that it would allocate at least $50 million of funding from the Canadian Government’s Innovation Superclusters Initiative to help launch innovative manufacturing solutions to help in the fight against COVID-19.
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