Category: Funding

1. OCT Companies in the News

   (13 articles) Michelson Diagnostics

   (5 articles) GlucoLight

   (5 articles) Imalux

   (5 articles) LightLab Imaging

   (4 articles) Innolume

   (4 articles) Bioptigen

   (2 articles) Newton Photonics

   (2 articles) Optovue

   (2 articles) Optiphase

   (2 articles) Lantis Laser

2. OCT Products in the News

   (4 articles) Michelson Diagnostics Vivosight

   (4 articles) Imalux Niris

   (3 articles) Michelson Diagnostics EX1301

   (3 articles) Glucolight Sentris-100

   (1 articles) Optovue RTVue-100

3. Organizations in the News

   (6 articles) University College Hospital

   (3 articles) Russian Academy of Sciences

   (3 articles) UK National Physical Laboratory

   (3 articles) Duke University

   (3 articles) Massachusetts Institute of Technology

   (3 articles) Lawrence Livermore National Laboratory

   (2 articles) National Eye Institute

   (2 articles) Gloucestershire Royal Hospital

   (2 articles) University of Sheffield

   (2 articles) National Institutes of Health

4. People in the News

   (10 articles) Jon Holmes

   (4 articles) Colin Hopper

   (3 articles) Ray Krauss

   (3 articles) Eric L. Buckland

   (3 articles) Bill R. Sanford

   (3 articles) Joseph A. Izatt

   (2 articles) John Knowles

   (2 articles) Shmuel Halevi

   (2 articles) Jürgen Kurb

   (2 articles) Craig Gimbel

1. Ben Franklin to Invest $599,800 to Support Northeastern PA Economic Development

   Explore Article businesswire.com (Feb 17 2010) Funding

   ClydeTec Systems, Inc. Complete a prototype of a semiconductor device for an optical coherence tomography system-on-a-chip for high-throughput 3-D biomedical imaging. This device will be used in the imaging of body tissues and in other biophotonic and biomedical applications. Also produce a new company business plan.
   

   Comment on Article

2. Space scan finds cancer - Australian Research Council grant of almost $200,000

   Explore Article ScienceAlert (Jan 31 2010) Oncology , Funding

   Technology used to detect the echo of the Big Bang is being adapted for use in assessing burns and superficial cancers such as skin cancer. Medical physicist Associate Professor Vincent Wallace of The University of Western Australia's School of Physics is the recipient of an Australian Research Council grant of almost $200,000 to investigate a technique already in use in fields including astronomy and remote sensing. Combining the novel technique with other high-resolution imaging methods could aid doctors in the fight against disease.
   

   Comment on Article Mentions:   California Institute of Technology   University of Western Australia   Vincent Wallace

3. Michelson Diagnostics Receives New Funding to Accelerate Growth

   Explore Article GlobeNewswire, Inc. (Jan 5 2010) Dermatology , Oncology , Funding , Other Business News

   ORPINGTON, United Kingdom, Jan. 5, 2010 (GLOBE NEWSWIRE) -- Michelson Diagnostics Ltd, the London, UK based developer and manufacturer of Optical Coherence Tomography (OCT) products, has raised GBP664,000 ($1.1M) to fund the next stage of its growth. The new funding will enable Michelson to enlarge its sales force, perform larger, more comprehensive trials on multiple applications, and to prepare for volume clinical sales. Investors in the funding round included a syndicate of business angels drawn from London Business Angels and Oxford Investment Opportunity Networks, and from existing shareholders including Catapult Venture Managers Ltd and London Seed Capital Ltd. Michelson Diagnostics ...
   

   Comment on Article Mentions:   Michelson Diagnostics   Michelson Diagnostics Vivosight   Jon Holmes

4. Massachusetts awards $25M in tax incentives to life sciences firms including Lightlab Imaging

   Explore Article masshightech.com (Dec 24 2009) Cardiology , Funding , Other Business News

   The board of directors of the Massachusetts Life Sciences Center has awarded 28 life sciences companies a total of $25 million in tax incentives. The companies have agreed to create 918 jobs in the next year.
   

   Comment on Article Mentions:   LightLab Imaging

5. Massachusetts hands out $25 million in life science tax breaks

   Explore Article Boston.com (Dec 23 2009) Funding , Other Business News

   he board of the Massachusetts Life Sciences Center awarded $25 million in tax incentives to 28 life sciences companies that commited to creating a total of 918 new jobs in the coming year. The tax breaks were established under the Patrick administration's 10-year, $1 billion life sciences initiative. A mix of large companies and start-ups in the biotechnology and medical device industries received the incentives. They include: Anylum Pharmaceuticals Inc. of Cambridge, Biogen Idec Inc. of Cambridge, Constellation Pharmaceuticals Inc. of Cambridge, Cubist Pharmaceuticals Inc. of Lexington, Dyax Corp. of Cambridge, Facet Solutions of Hopkinton, FoldRx Pharmaceuticals Inc. of Cambridge. ...
   

   Comment on Article Mentions:   LightLab Imaging

6. Michelson Diagnostics Wins Grant for Miniature OCT Probe Development

   Explore Article Optical Coherence Tomography News (Nov 23 2009) Other Non-Medical , Funding

   Michelson Diagnostics Ltd , the London, UK based developer and manufacturer of Optical Coherence Tomography (OCT) products, has won a £25,000 grant from the UK Government’s Technology Strategy Board (TSB). The grant is for a study into the feasibility of highly miniaturised OCT probes for cancer diagnoses. According to TSB data, seven hundred applications for funding were received, and Michelson Diagnostics application was one of just sixty-nine to be funded. Jon Holmes, CEO of Michelson Diagnostics, explained that the funded project will help Michelson determine which technologies to use in the development of practical rigid and/or flexible OCT probes, for ...
   

   Comment on Article Mentions:   Michelson Diagnostics   Michelson Diagnostics Vivosight   Jon Holmes

7. Gaining a better picture of lung disease

   Explore Article Western News (Nov 20 2009) Bronchoscopy , Funding

   Chronic obstructive pulmonary disease (COPD), a respiratory disease commonly known as chronic bronchitis or emphysema, is the fourth leading cause of death worldwide, but a University of Western Ontario researcher is providing new insight into the disease. With 600 million people living with COPD, researchers have yet to find any real treatment or cure. However, Grace Parraga of Robarts Research Institute is using various imaging techniques to learn more about the diease. The World Health Organization officially recognized World COPD Day on Wednesday. Parraga is a scientist in the Imaging Research Laboratories at Robarts and recently recruited to the Departments ...
   

   Comment on Article Mentions:   World Health Organization   Grace Parraga

8. Avo Photonics and Case Western Reserve University Are Pleased to Announce the Completion of a Design and Development Contract for an Optical Coherence Tomography (OCT) Forward Imaging Catheter

   Explore Article businesswire.com (Nov 5 2009) Cardiology , Funding , Other Business News

   HORSHAM, Pa.--(BUSINESS WIRE)--Nearly 4 million people nationwide suffer from cardiac arrhythmias each year, according to the 2006 U.S. Cardiac Rhythm Management Market report by Frost and Sullivan. About 2.5 million of these cases cannot be treated or controlled through medication alone. Since pharmacological therapies have limited effectiveness, radiofrequency (RF) catheter ablation has emerged as the prominent approach for treating a broad range of arrhythmias. However, during the procedure physicians have no direct visualization of intra-cardiac structures, nor do they have a means to measure successful lesions. Recognizing this problem, researchers at Case Western Reserve University began a research program in ...
   

   Comment on Article Mentions:   Case Western Reserve University   Christine P. Fleming   Food and Drug Administration

9. New Optical Tool Could Produce 'Virtual Biopsies' for Brain Cancer

   Explore Article Newswise (Nov 4 2009) Oncology , Funding

   As a Johns Hopkins electrical engineer, Jin U. Kang has spent years tinkering with lasers and optical fiber, studying what happens when light strikes matter. Now, he’s taking on a new challenge: brain surgery. More precisely, Kang is building a tool to help brain surgeons locate and get a clear look at cancerous tissue. In some cases, Kang says, this device could eliminate the need to cut into the brain for a traditional biopsy, a procedure that can pose risks to the patient. “The idea,” he says, “is to provide instant high-resolution pictures of a small segment of the brain ...
   

   Comment on Article Mentions:   Johns Hopkins University   National Institutes of Health   George Jallo

10. Urgent call for more 'lead' angels

    Explore Article ft.com (Jun 1 2009) Funding

    Michelson Diagnostics is one of the fortunate start-ups that secured angel funding before the credit crunch. Its five founders began the business three years ago after being made redundant from the same engineering firm. They now have more than 50 investors, including venture capital (VC) firms, friends and business angels
    

    Comment on Article Mentions:   Michelson Diagnostics

11. Duke given grant to develop eye technology for infants

    Explore Article Raleigh News (May 4 2009) Ophthalmology , Funding

    A Duke University researcher will receive $100,000 per year for three years to continue her work in developing a tool to check infants for eye problems. Cynthia A. Toth, a professor in Duke Medicine’s Department of Ophthalmology and Biomedical Engineering, has been selected to receive the Hartwell Foundation Biomedical Research award. She is one of 12 individuals from 12 institutions to receive the recognition. Toth is working to create a handheld, high-definition eye scanner to check infants for retina-related problems. While the technology has been available for adults for years, it can’t be used in infants because it requires they ...
    

    Comment on Article Mentions:   Duke University   Cynthia A. Toth   Bioptigen

12. Medical venture - Michelson Diagnostics

    Explore Article Engineering News & Engineering Jobs (Mar 27 2009) Funding , Other Business News

    Orpington-based medical-imaging firm Michelson Diagnostics (MDL) has raised more than £350k from a consortium of investors from the London Business Angels (LBA) network. The money will be used to support multi-centre clinical trials of its new hand-held multi-beam Optical Coherence Tomography (OCT) imaging probe, which the company plans to launch in May or June this year.
    

    Comment on Article Mentions:   Michelson Diagnostics   Jon Holmes

13. Medical Venture - Michelson Diagnostics (MDL)

    Explore Article Engineering News & Engineering Jobs (Mar 27 2009) Funding , Other Business News

    Orpington-based medical-imaging firm Michelson Diagnostics (MDL) has raised more than £350k from a consortium of investors from the London Business Angels (LBA) network. The money will be used to support multi-centre clinical trials of its new hand-held multi-beam Optical Coherence Tomography (OCT) imaging probe, which the company plans to launch in May or June this year. The money will also support international commercial growth. MDL received early-stage funding of £600k in October 2007 and a further £600k in July 2008, in rounds led by London Seed Capital with Catapult Venture Managers and London Business Angels.
    

    Comment on Article Mentions:   Michelson Diagnostics   Jon Holmes

14. UK-based OCT and nano-imaging firms attract investment for growth

    Explore Article BioOptics World (Mar 8 2009) Funding , Other Business News

    MARCH 9, 2009--Two British companies--NanoSight Ltd. (Amesbury, UK ) and Michelson Diagnostics (Kent, UK)--say that despite the economic downturn, they have raised investment money that will fuel growth for the coming year. Michelson is a developer of optical coherence tomography (OCT) devices, and NanoSight produces a family of instruments for the visualizing and sizing nanoparticles.
    

    Comment on Article Mentions:   Michelson Diagnostics   Michelson Diagnostics EX1301   Michelson Diagnostics Vivosight

15. Michelson Diagnostics raises £350k

    Explore Article optics.org (Mar 3 2009) Oncology , Funding

    London, 02 March 2009 - Medical imaging firm Michelson Diagnostics Ltd (MDL) has successfully raised investment for growth in 2009, despite the economic downturn. The company announced today that it has raised just over £350k from a consortium of investors from the London Business Angels (LBA) network and from the management team. The money will be used to support multi-centre clinical trials of its new hand-held Multi-Beam Optical Coherence Tomography (OCT) imaging probe, and also aid international commercial growth. "We received tremendous customer interest in our new 'VivoSight' Multi-Beam OCT probe, when we demonstrated the working prototype at the BiOS09 ...
    

    Comment on Article Mentions:   Michelson Diagnostics   Michelson Diagnostics EX1301   Michelson Diagnostics Vivosight

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