Medical device company SonarMed Inc. has raised $1 million to help launch its first product -- the Airway Monitoring System. The Indianapolis, Indiana, company has been perfecting its system -- which uses sonar waves, sensors and software to display information about ventilator breathing tube position -- for market.
SonarMed Inc. celebrated the biggest milestone in its nearly five-year history earlier this year when its breathing-tube-monitoring device was cleared by the U.S. Food and Drug Administration. Now it just needs to start selling the device, which is used for patients on ventilators. But before the company rolls it out, Indianapolis-based SonarMed wants to ensure […]
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