Trending...
- New Build-to-Suit VA Medical Office Facility Coming to Highland Heights, KY
- MAJOR New release of Krypto500 (ELF-HF) Sigint - COMINT software
- Lyricalmar Set To Release Powerful New Ep "MARCHIVES" May 16
FAYETTEVILLE, Ark. - PrAtlas -- FAYETTEVILLE, Ark. – Lineus Medical announces the completion of a $4.579 million Series C funding round. The Series C round allowed Lineus Medical to expand its sales and clinical education team, secure international regulatory clearances, and obtain additional U.S. and international patents which positions the organization for continued growth and expansion. Since its founding in 2015, Lineus Medical has raised a total of $11.5 million, supporting the continued development and commercialization of its flagship product, SafeBreak® Vascular.
SafeBreak Vascular is the only break-away device for IV lines clinically proven to reduce IV complications1. When a harmful force is placed on the line, SafeBreak intentionally separates to remove the damaging force and protect the patient's IV. When SafeBreak separates, valves on both ends of the device close preventing medicine spills from the pump and blood loss from the patient. To replace SafeBreak, each component is unthreaded from the line, a new sterile SafeBreak is installed, and the patent's infusion is restarted. Patients avoid additional needlesticks, nurses save time, and hospitals save money1.
More on PrAtlas
Vance Clement, Lineus Medical's CEO stated, "Our investors have seen us through the trials and tribulations of starting a medical device business, obtaining FDA De Novo clearance for a new class of product, and completing several successful clinical trials. We continue to gain customers and gain market traction. We thank our investors for their support through the pandemic and over the past three years, which has been a very difficult market to raise funds. Our investors believe, as does the Lineus Medical team, that this is only the beginning. We will continue to strive to make break-away devices the new standard of care for IV lines, and SafeBreak the preferred choice of nurses around the world.
We would also like to thank the hospitals and nurses that are our customers. Without you, we are nothing. You are the early adopters and the innovators that show your patients that you care by reducing needlesticks and IV restarts. It takes vision, guts and determination to evaluate and bring new technology into your hospital. We thank you.
More on PrAtlas
With these funds, we will continue to expand our customer base, lower the manufacturing cost and price of our product, and conduct clinical research showing the value of break-away devices for all types of IV lines and patients of all ages."
About Lineus Medical:
Lineus Medical is the developer of a break-away technology that is proven to reduce IV restarts and IV complications1. Our mission is to remove the pains associated with medical lines. More information about Lineus Medical can be found at www.lineusmed.com. Follow Lineus Medical on LinkedIn.
References:
1. Data on File
SafeBreak Vascular is the only break-away device for IV lines clinically proven to reduce IV complications1. When a harmful force is placed on the line, SafeBreak intentionally separates to remove the damaging force and protect the patient's IV. When SafeBreak separates, valves on both ends of the device close preventing medicine spills from the pump and blood loss from the patient. To replace SafeBreak, each component is unthreaded from the line, a new sterile SafeBreak is installed, and the patent's infusion is restarted. Patients avoid additional needlesticks, nurses save time, and hospitals save money1.
More on PrAtlas
- Clinical Endpoints Successfully Met in Study for Groundbreaking 12-Lead ECG Synthesis Technology Allowing Software Application to FDA: HeartBeam, Inc
- Boston Industrial Solutions, Inc. Unveils Natron® 504N UV LED Inks Designed for EPSON Printheads
- Kavelle Christie: Trump's First 100 Days Mark Alarming Breakdown in Healthcare, Public Health, and Freedoms
- OpenSSL Technical Advisory Committee Elections Now Open – Cast Your Vote
- Axiros Confirms Continued Compliance with ISO/IEC 27001:2022 After Surveillance Audit
Vance Clement, Lineus Medical's CEO stated, "Our investors have seen us through the trials and tribulations of starting a medical device business, obtaining FDA De Novo clearance for a new class of product, and completing several successful clinical trials. We continue to gain customers and gain market traction. We thank our investors for their support through the pandemic and over the past three years, which has been a very difficult market to raise funds. Our investors believe, as does the Lineus Medical team, that this is only the beginning. We will continue to strive to make break-away devices the new standard of care for IV lines, and SafeBreak the preferred choice of nurses around the world.
We would also like to thank the hospitals and nurses that are our customers. Without you, we are nothing. You are the early adopters and the innovators that show your patients that you care by reducing needlesticks and IV restarts. It takes vision, guts and determination to evaluate and bring new technology into your hospital. We thank you.
More on PrAtlas
- Twitter's Buzzing! What's the Deal with PhotoG, the AI Everyone's Talking About?
- New WHO Mental Health Guidelines Condemn Coercive Psychiatry
- Keenan's Caring Konnections, LLC
- Celebrate Children's Day in Tochigi City!
- Mensa identifies best board games of 2025
With these funds, we will continue to expand our customer base, lower the manufacturing cost and price of our product, and conduct clinical research showing the value of break-away devices for all types of IV lines and patients of all ages."
About Lineus Medical:
Lineus Medical is the developer of a break-away technology that is proven to reduce IV restarts and IV complications1. Our mission is to remove the pains associated with medical lines. More information about Lineus Medical can be found at www.lineusmed.com. Follow Lineus Medical on LinkedIn.
References:
1. Data on File
Source: Lineus Medical
0 Comments
Latest on PrAtlas
- The World's No.1 Superstar™ Walks Where Legends Rest: A Sacred Encounter in Rome Before the Pope's Passing
- Coming Up on "Financial Freedom with Tom Hegna" Financial Expert Parker Faulkner
- Tobu Railway Announces a Price Revision on the "NIKKO PASS All Area" and "NIKKO PASS World Heritage Area," from April 20, 2025
- Kemeny, Ramp & Renaud, LLC Welcomes Prominent Trusts and Estates Attorney Gary B. Cornick to Its Firm
- SutheDermal.com Launches: Revolutionizing Comfort in Self-Injection Therapies
- Local Commitment, National Expansion
- S2C and Andes Technology Announce FPGA-Based Prototyping Partnership to Accelerate Advanced RISC-V SoC Development
- CCHR Florida to Host a Veteran Advocates Networking Event
- Students Celebrate Earth Month and Learn About the Lifecycle of Trees
- Electives Appoints DraftKings' CPO Linda Aiello to Board Amid Record Quarter
- Blue Ocean Business School's Deputy Dean Delivers Keynote Address at India Blockchain Summit
- AdvisorVault's Consolidated 17a-4 D3P Service® Full Feature Set Available
- Most Common Car Accidents In America
- Co-Creating the Future of ePaper: ZKONG and E Ink at Touch Taiwan 2025
- New York Times Exposé Vindicates CCHR: ADHD Isn't Biological, Says Watchdog
- HISTORIC FIRST The First Belief System In Human History To Formally Enshrine The Innate Divinity Of The Infant As Civilization's Central Moral Axis
- Stuck in Place? Why Homeowners Are Building Up Instead of Moving Out
- Crafting the Sound of VS Pop™: The Vision of CR Srikanth
- Boston Industrial Solutions, Inc., introduces Rubber and Foam Printing Ink
- FeelWise to Exhibit at ATD 2025 International Conference & EXPO in Washington, DC