Therapeutic hypothermia medical device maker Life Core Technologies, which makes an emergency brain-cooling device, has a new name: Cryothermic Systems. Employing the term “cryo” in the Cleveland-area company’s brand better aligns its name with the company’s products and “will accurately reflect the company’s vision for future growth within its market,” according to a statement from […]
Therapeutic hypothermia medical device company Life Core Technologies has received a $250,000 investment from state-backed economic development group JumpStart. The funding is part of an anticipated $3 million series A investment for the Cleveland-area company, which will use the cash on clinical studies aimed at furthering adoption of its device, CEO Mike Burke told MedCity […]
Therapeutic hypothermia medical device maker Life Core Technologies is planning several clinical studies aimed at boosting adoption of its brain-cooling device. To fund those studies, Cleveland-area Life Core has closed on a $1 million series A investment and is on track to close $2 million more, CEO Mike Burke said. The $1 million in funding […]
Therapeutic hypothermia company Life Core Technologies has received its first patents for a medical device that’s designed to cool the brain of patients who’ve suffered from heart attack, stroke and traumatic brain injury. The three patents apply to the company’s first product, the Excel Cerebral Cooling System, which resembles a neck-immobilization collar and works via […]
Therapeutic hypothermia medical device maker Life Core Technologies has hired a new CEO whose top priority will be to raise a $3 million series A investment round. Mike Burke has about 35 years of experience as a healthcare entrepreneur and was most recently CEO of Cleveland-based imaging company Imalux. Previously, Burke left TREK Diagnostic Systems […]
A Northeast Ohio startup is hoping to build its business around one of the hottest trends in heart attack and brain injury treatment: therapeutic hypothermia. Life Core Technologies' "simple" medical device for inducing hypothermia earlier this month shipped to one of its first customers, Lucas County's emergency medical service in Northwest Ohio.
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
