Caducian Inc. Joins the Akin Gump Technology Ventures Equity for Services Program of Akin, Gump, Strauss, Hauer & Feld L.L.P.Business & High-Tech Editors; Health/Medical Writers AUSTIN, Texas--(BW HealthWire)--Jan. 26, 2001 Caducian Inc., a technology company developing ways to integrate healthcare monitoring systems data flows and the company's patented real-time clinical decision-making support software, announced today that they have joined the Akin Gump Technology Ventures Equity for Services Program of the international law firm of Akin, Gump, Strauss, Hauer & Feld, L.P.P. (Akin Gump). Under the agreement, Akin Gump will perform a broad-based set of legal services legal services n. the work performed by a lawyer for a client. including intellectual property representation for Caducian. "We are tremendously pleased to have the internationally respected law firm of Akin Gump handling all of our legal affairs," said Kinn Moursund, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for Caducian. "We believe our intellectual property portfolio will be strengthened having one of the world's leading firms guide us through the intricacies of not only the continuing patent process, but also the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. and HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, regulatory processes in Washington." The Caducian System will allow authorized individuals a complete view and analysis of a patient's continuous data flows from a variety of clinical monitoring Clinical monitoring - Oversight and administrative efforts that monitor a participant's health during a clinical trial. The government and other clinical trial funding agencies require data and safety monitoring boards to oversee clinical trials. devices from different proprietary device manufacturers. Data mining and analysis of the huge information flows from these devices will be explored with sophisticated algorithms as well as analyzed by Caducian's patented software for clinical decision-making support. "We are pleased to play a role in the growth of this exciting and innovative company and we look forward to a successful relationship," said Brandon Janes, co-director of Akin Gump Technology Ventures. The Caducian System allows for the secure portability of patient data in a way never before possible. Previously individuals have had to rely on verbal and hand re-keyed records of monitoring system readouts, taken at isolated times from isolated proprietary systems. With Caducian's patent pending technologies, complete information and analysis from devices monitoring patients' conditions will be available to those approved to receive the data -- and secure from those who should not have access to potentially sensitive information. In addition, physicians will have a powerful new tool to help them in complex clinical decision making -- weaning weaning, n the period of transition from breast feeding to eating solid foods. weaning the act of separating the young from the dam that it has been sucking, or receiving a milk diet provided by the dam or from artificial sources. premature infants from ventilators as early as possible, for example. About Akin, Gump, Strauss, Hauer & Feld L.L.P. Founded in 1945, Akin, Gump, Strauss, Hauer & Feld L.L.P., a leading international law firm, numbers 1,050 lawyers with offices in Austin, Brussels, Dallas, Denver, Houston, London, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Moscow, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Northern Virginia Northern Virginia (NoVA) consists of Arlington, Fairfax, Loudoun, and Prince William counties and the independent cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park. , Philadelphia, Riyadh (affiliate), San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. and Washington. The firm has a diversified practice and represents regional, national and international clients in a wide range of areas. For more information please visit http://www.akingump.com/. About Caducian Inc. Caducian Inc. is a privately held health technology company developing ways to improve patient care and provide secure clinical monitored data flows to pharmaceutical, insurance and health information services See Information Systems. companies. Caducian is assisting physicians in critical care decision-making by integrating clinical monitors, computer hardware, software, wireless transport processes and analytical tools. Caducian has patented real-time clinical decision-making support software combined with patent-pending technology solutions. The Caducian System conveys complete information and analysis from diverse devices monitoring the patient's condition to those approved to receive the data -- and secure from those who should not have access to potentially sensitive information. Caducian is based in Austin, Texas. For more information please visit http://www.caducian.com/. |
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