a year ago
PulmoBioMed Raises £1.4 Million for Lung Testing Device
PulmoBioMed, a spinout from Northumbria University, has secured £1.4 million in funding to commercialize its lung testing technology for asthma diagnosis
The company has developed a non-invasive mouthpiece to collect fluid samples from the lungs, which is claimed to be 40 times cheaper than endoscopy
The funding came from the North East Venture Fund, Mercia Ventures, SFC Capital, private investors, and Northumbria University
PulmoBioMed plans to use the funds to target the US market and develop a cost-effective manufacturing process.
ProblemHealthcare
"Current methods for diagnosing asthma are expensive and invasive, requiring endoscopy which involves a long tube with a small camera being passed down the throat and into the lung."
Solution
"PulmoBioMed has developed a non-invasive mouthpiece to collect fluid samples from the lungs to detect conditions like asthma. The handheld device, called PBM-HALE, separates aerosol droplets from the mouth from those originating from the deep lung. Samples are then stored in a separate coolant chamber developed by the spinout."