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Medical diagnostic applications developer Pocared Diagnostics raised $10.7 million June 13, 2007

Posted by israelhealthcare in Medical Diagnostic.
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Medical diagnostic applications developer Pocared Diagnostics raised $10.7 million in a financial round of led by Elron and SCP Vitalife Partners.

“We view Pocared as a highly innovative company presenting an out-of-the-box solution and introducing a disruptive platform technology in the field of real-time IVD,” said Elad Frenkel, Elron’s Director of Business Development.

Pocared provides an innovative solution for real-time, reagentless In-Vitro Diagnostics (IVD). The company wide technological platform may be used to address a wide range of medical and industrial diagnostic applications.

Pocared’s Point-of-Care (POC) diagnostic systems, based upon selective spectrum technology, enable immediate, on-site analysis of human fluids and specimen in order to provide physicians with real-time detection, identification and antibiotic sensitivity of pathogenic bacteria.

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