Cleveland Medical Devices

Devices & Diagnostics

Neurotech company looks to break into deep brain stimulation market for Parkinson’s disease

A neurotechnology company is planning a clinical study aimed at helping it enter the deep brain stimulation market for Parkinson’s disease patients. Cleveland-based Great Lakes NeuroTechnologies is aiming to help surgeons and neurologists fine-tune deep brain stimulation (DBS) systems after they’ve been implanted in Parkinson’s patients. DBS involves implanting an electrode in the brain to […]

Devices & Diagnostics

CleveMed licenses home sleep monitoring system to Midmark

Cleveland Medical Devices has signed a deal to license its home sleep monitoring technology to health equipment distributor Midmark. The SleepView monitor, which has already obtained regulatory clearance from the U.S. Food and Drug Administration, can help doctors conduct home sleep tests and make better treatment decisions for patients suffering from obstructive sleep apnea, according […]

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A look at Northeast Ohio’s growing neurotechnology industry

Cleveland Clinic neuromodulation spinoff Intelect Medical may have stealthily exited Cleveland to set up shop in Boston, but the company's recent $78 million sale to Boston Scientific (NYSE: BSX) highlights Northeast Ohio's growing strength in neurotechnology. Here's a brief overview of the key players in Northeast Ohio's rising neurotechnology industry.

Devices & Diagnostics

NeuroWave Systems gets FDA clearance for brain-monitoring system

Medical device startup NeuroWave Systems Inc. has received regulatory clearance from the Food and Drug Administration to begin selling a brain-activity monitoring system. The Cleveland Heights, Ohio-based company's NeuroFAST Monitoring System is intended for use in hospital operating rooms, emergency departments and intensive care units with patients who've experienced some sort of brain trauma, such as seizures.

Devices & Diagnostics

eHealth: a remedy for what ails doctors… and U.S. healthcare

Bob Schmidt thinks he has an answer for the mega trends of rising healthcare costs, fewer doctors to treat more patients, and provider pay-cuts by the federal government: eHealth. And for Schmidt's Cleveland Medical Devices (CleveMed), eHealth means dreaming up diagnostic devices for sleep and movement disorders that can cut up to 90 percent of the cost of traditional tests -- and even help primary care physicians find new revenue sources.

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NeuroWave to launch first product without $1 from investors

Cleveland Medical Devices spin-off company NeuroWave Systems Inc. is poised to introduce its first commercial product — the NeuroSense Monitor — without taking a single investor dollar. NeuroSense is a monitor that measures, analyzes and tracks the brain function of sedated or anesthetized patients. So far, NeuroWave and its former parent CleveMed have used federal […]