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New England Research lands $18M for pediatric heart devices | Funding Roundup

Wed, 06/27/2012 - 5:36pm
Mass Device

New England Research Institute lands a new $18 million contract from the National Institutes of Health to develop cardiac circulatory support devices designed with kids in mind.

Funding Roundup

 Latest $18M contract brings New England Research to $105M for pediatric research
New England Research Institute landed a new $18 million contract from the National Institutes of Health to put toward its PumpKIN program for the development of circulatory support devices in pediatric patients.

The PumpKIN program is focused on technologies such as ventricular assist devices, extracorporeal membrane oxygenation systems and novel pediatric circulatory support technologies that are designed specifically with children in mind.

"Children are not little adults," NERI noted in a press release, adding that parents need more information to make better choices about clinical trials for their children.

The contract research organization has raised $105 million so far for pediatric clinical research.
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 Airway monitoring devices maker halfway through a $1M round
Airway monitoring systems maker Sonarmed has raised $585,000 of a hoped-for $1 million funding round among 15 unnamed investors.  The Indianapolis-based company launched the funding round last month.
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