Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Emergent Respiratory Products Receives Venture Capital Funding
Dec 15, 2003
 Printable format
 Email this Article
 Search

Emergent Respiratory Products Inc. (Irvine, CA, U.S.) announced it has received U.S. $5.3 million in venture capital financing. The round was led by Shepherd Ventures (San Diego, CA, U.S.), a life science and technology investment company, and included participation by Grayhawk Venture Partners, a Phoenix, AZ, U.S. based investment company, and POSCO BioVentures, (Carlsbad, CA, U.S.), a medical device and platform technologies investment firm.

Emergent Respiratory Products has developed CPAPos "Oxygen Saver," a medical device technology platform said to assist breathing for sufferers of acute respiratory distress and other forms of dyspnea (difficulty breathing).

The company's proprietary CPAPos is said to provide Continuous Positive Airway Pressure and addresses breathing difficulties differently from its competition. CPAPos "Oxygen Saver" reportedly delivers oxygen on-demand and uses a patented positive pressure facemask to improve comfort.

"With relatively few companies securing funding in today's investment climate, this round of institutional financing presents an outstanding opportunity to grow our business," Greg Wood, president and CEO said. "The funds will be used to address the substantial customer demand for our products and to accelerate manufacturing, sales, and marketing programs."

Emergent's products are used by emergency medical services (EMS) paramedics in pre-hospital emergencies and by healthcare professionals in hospital emergency departments.

"It is our vision that this funding will propel Emergent Respiratory Products to establish itself as the preeminent market leader in the early intervention and treatment of all acute respiratory distress in EMS and emergency department settings," said Anthony Gambone, vice president of Sales and Marketing.

Back to Daily News

 

Daily News

...........................................................

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows