OBMedical Company Receives Funding for LaborView™September 19, 2013
The Institute for Commercialization of Public Research has recently announced the finalization of its funding agreement with OBMedical Company for the development of its LaborView™ sensor system. The LaborView™ system is a technologically-advanced wireless electronic maternal-fetal monitor. The system is meant to measure labor contractions as well as maternal and fetal heart rates.
According to company President Weaver Gaines “LaborView grows out of over a decade of biomedical research across multiple disciplines resulting in an innovative solution that is compatible with legacy electronic fetal monitors. Knowledge around the birth process has changed over the last 40 years but technology has not. We intend for LaborView to take maternal fetal monitoring to the cutting edge where it should be. The Institute funds will help support the remaining clinical performance trial industrial design and design for manufacturing necessary for our filing for 510(k) clearance.”
“OBMedical is addressing a critical need to improve the overall health of women and the safety of babies.” said Jamie Grooms Institute Chief Executive Officer. “The Institute has enjoyed learning about company progress to date and looks forward to participating in OBMedical’s future success.”
Once FDA-approved, OBMedical Company is hopeful that The LaborView™ system will be able to provide the medical community with an alternative to the current external sensors with its own reliable and comfortable system to enable safer and more cost-effective obstetric monitoring with greater patient satisfaction.
Advances in maternal and fetal monitoring technologies allow physicians to give proper and efficient care. Together with these new tools, clinics and hospitals need top-notch fetal monitoring systems to ensure proper maternal care and fetal safety.
AIV provides accessories and repair services for leading fetal monitors. To learn more about AIV’s full line of replacement transducers and accessories, visit http://www.aiv-inc.com/fetal-monitor-transducers.html.
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