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Telemedicine systems provider Aerotel acquires wireless monitoring developer Tadiran LifeCare January 29, 2007

Posted by israelhealthcare in Monitoring System, Telemedicine.
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Transtelephonic telemedicine systems provider Aerotel Medical Systems has closed the purchase of Tadiran LifeCare division activities from Tadiran Spectralink, a supplier of wireless communications solutions for critical missions.

Tadiran LifeCare is a developer of innovative wireless monitoring solutions for improving people’s health, safety and quality of life. Its products combine miniature biosensors with wireless technologies in order to provide peace of mind for users, their families and caregivers.

“By integrating new, cutting-edge wireless monitoring technologies into our systems we are expanding our offering in the area of wireless and mobile solutions,” explains David Rubin, Aerotel CEO. “Wireless technologies are becoming essential for next generation cost-effective and on-going monitoring. Tadiran LifeCare products will become part of Aerotel’s growing portfolio of wireless based remote monitoring solutions for homecare and telehealth.”

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EarlySense raises $3 million from Challenge Fund and ProSeed Venture Capital October 24, 2006

Posted by israelhealthcare in Monitoring System.
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Healthcare monitoring system developer EarlySense has closed a $3 million second round of financing from Etgar Challenge Fund, and ProSeed Venture Capital Fund. The financing round will allow EarlySense to accomplish two significant milestones: submitting our system for FDA approval to and making first system installations in the USA.

“Early identification of chronic disease deterioration is the missing link in improving the outcomes of hundreds of millions of chronic patients across the globe,” said Avner Halperin, EarlySense co-founder and CEO. “EarlySense provides an early warning for chronic disease deterioration, enabling patient to get therapy, just in time.”

EarlySense developed a monitoring system focused on improving the care of Asthma, COPD and Congestive Heart Failure patients. The system operates without any contact with the patient’s body and without the need for patient compliance. A few weeks ago the U.S. Patent Office granted the company a wide ranging patent which covers the system’s application for several chronic conditions.

The Israeli medical device firm was founded about two years ago by Avner Halperin, a former Vice President at Radcom and Lenslet, Yossi Gross, a serial medical-device entrepreneur, Guy Shinar, former CEO of X-Technologies and Dr. Danny Lange who founded IDesia and Algodyne. To date, the company had raised about $1.25 million in two rounds: the seed round in 2004 from private investors and a first round from the Challenge Fund in 2005.

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