ISSYS and Wayne State University Receive Funds for Development of Novel Implantable Wireless Pressure Sensors for Treatment of Congestive Heart Failure.YPSILANTI, Mich. -- Integrated Sensing Systems, Inc. (ISSYS ISSYS Integrated Sensing Systems ) in Ypsilanti, Michigan, and Wayne State University Wayne State University, at Detroit, Mich.; state supported; coeducational; established 1956 as a successor to Wayne Univ. (formed 1934 by a merger of five city colleges). (WSU) in Detroit, Michigan have announced today that they have been awarded a grant from the Michigan Technology Tri-Corridor Fund (MTTC MTTC Michigan Test for Teacher Certification MTTC Massachusetts Technology Transfer Center MTTC McConnell Technology Training Center MTTC Musgamagw Tsawataineuk Tribal Council MTTC Manufacturing Technology Transfer Center MTTC Molecular Targeted Therapy of Cancer ) for "Congestive Heart Failure congestive heart failure, inability of the heart to expel sufficient blood to keep pace with the metabolic demands of the body. In the healthy individual the heart can tolerate large increases of workload for a considerable length of time. Monitoring Using an Improved Wireless Intraventricular Pressure Sensor". The MTTC award over the next two years provides 50% of the funding required for this $2,000,000 project, with ISSYS and WSU each providing the remaining 25%. This collaborative effort specifically targets the effective treatment of patients with Congestive Heart Failure (CHF CHF In currencies, this is the abbreviation for the Swiss Franc. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) disease. Many experts consider CHF to be the largest emerging medical device market with NIH "Not invented here." See digispeak. NIH - The United States National Institutes of Health. stating that CHF is a new epidemic in the U.S. It affects about 5 million U.S. patients and causes more than 450,000 new cases per year. CHF accounts for 978,000 or 5-10% of all hospitalizations in the U.S. and is the most common discharge diagnosis among patients over 65 years. Survival is poor since 20% of patients die within the first year, and 50% within five years. Treatment of CHF is very expensive, costing $38 billion annually in the U.S. Dr. Nader Najafi, President and 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. of ISSYS stated that, "We greatly appreciate the support from the State of Michigan, Michigan Economy Development Corporation (MEDC MEDC Michigan Economic Development Corporation MEDC More Economically Developed Country MEDC Maharashtra Economic Development Council (India) MEDC Mobile & Embedded Developers Conference (Microsoft) ) and the MTTC program. We are excited about collaborating with such a world-class team from WSU. This collaboration will result in novel diagnostic and therapeutic methods that greatly improve CHF treatment by dynamically tailoring the medication via monitoring through frequent and non-invasive heart measurements using the proposed technology. This project will save hundreds of thousands of lives and will improve the quality of life for many Americans." Dr. Charles Shanley, Chief of the Division of Vascular Surgery at the Detroit Medical Center The Detroit Medical Center is a Detroit-based non-profit corporation that owns and operates nine general and specialty hospitals in southeast Michigan. Detroit Medical Center hospitals include: ISSYS Background: ISSYS is a leader in advanced micromachining technologies for medical devices, microfluidic and scientific analytical sensing applications used in the development of drug infusion pumps and wireless, implantable sensing systems. Founded in 1995 by world renowned leaders in MEMS technology, ISSYS is one of the oldest independent MEMS companies in the United States. An ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 certified organization, ISSYS operates an "everything under one roof" multi-million-dollar, state-of-the-art Bio-MEMS fabrication facility located near Ann Arbor, Michigan “Ann Arbor” redirects here. For other uses, see Ann Arbor (disambiguation). Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. . For more company, product and service information, please visit http://www.mems-issys.com/. WSU Background: WSU is Michigan's only urban research university, fulfilling a unique niche in providing access to a world-class education. With $200 million in annual research expenditures, WSU ranks in the top 50 nationally among public universities, according to the NSF. The WSU School of Medicine is nationally recognized for its biomedical research, reflecting the efforts of a talented faculty located among 25 basic and clinical departments. Strong programmatic emphasis is placed upon the integration of the basic and clinical sciences through interdisciplinary research, which has led to the creation of several university designated institutes and centers. For more information please visit http://www.med.wayne.edu. MTTC Background: Michigan's Technology Tri-Corridor fosters growth in advanced automotive technologies, homeland security and life science industries through funding and resource collaboration, focusing on emerging technology sectors. The Michigan Economic Development Corporation (MEDC) awarded $27.3 million to 24 life sciences projects in the 2005 MTTC Fund competition. Winners of the competitive, peer-reviewed process include researchers at Michigan public universities and entrepreneurs working to commercialize technology-based products that have potential to enhance and extend the lives of people throughout the world. For more information about the MTTC please visit: http://medc.michigan.org/ttc/tricorridor/. |
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