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MedTech Outlook | Friday, October 14, 2022
FluidIQ will be able to license its innovative technology to one of the most respected respiratory and EMS manufacturers through the agreement.
FREMONT, CA: "Pulmodyne is thrilled to partner with such a talented group of engineers and designers. We feel our existing expertise, combined with fluidIQ technology, will allow us to bring a host of new patient focused products to the market." says Andrew Shurig, President of Pulmodyne.
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Pulmodyne, a global manufacturer and distributor of the premium airway and respiratory devices, and fluidIQ, a fluidics-based MedTech firm, revealed a global license and joint research and development agreement. Intersurgical's subsidiary Pulmodyne will license fluidIQ's technology.
"This agreement will allow fluidIQ to license our innovative technology to one of the largest and most respected respiratory and EMS distributors in the world. Working closely with Pulmodyne, our team of world-class doctors and engineers can more quickly and efficiently respond to unmet medical needs across the United States and internationally." says Matt Vogelhuber, RPh., Chief Executive Officer of fluidIQ.
The firms will co-develop innovative respiratory and emergency medicine technologies based on fluidIQ's proprietary fluidics-based platform, which enables the shrinking and automation of technology without sensors, energy, or batteries. Fluidics is a branch of science that use the flows and pressures of fluids or air to manage tasks that are often carried out by battery-powered or electronic devices.
The global presence of Pulmodyne and its parent company, Intersurgical, will ensure that fluidIQ's revolutionary technologies are widely accessible. fluidIQ is pursuing FDA approval for its first product, which is not yet available for sale in the United States or abroad.
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