NIH Funds Strategic Polymers' Innovative Electroactive Polymer Based Steerable Catheter Technology for the Treatment of Atrial Fibrillation
Thursday, June 17, 2010 at 03:17PM STATE COLLEGE, PA., (June 17, 2010) -- Strategic Polymer Sciences, Inc. (SPS), an innovator in advanced medical devices based on its proprietary electroactive polymer (EAP) technology, today announced it has received a $2.2 million grant from the National Heart, Lung and Blood Institute (NHLBI) of the National Institutes of Health (NIH). The SPS grant is one of only ten awarded nationwide by the NIH under a Recovery Act Limited Competition called The Biomedical Research, Development, and Growth to Spur the Acceleration of New Technologies (BRDG-SPAN) Pilot Program. These grants are designed to “bridge” the gap between R&D and commercialization for promising new medical technologies.
The grant will support the design and commercialization of SPS's revolutionary steerable cardiac mapping and ablation catheter technology, which is at the 'core' of the SPS cardiac ablation catheter. Mapping and ablation catheters are used to treat atrial fibrillation. This disease affects millions of people each year and given the costs associated with some of the more advanced robotic procedures, millions go untreated. The precise movement or micro-steerability of the SPS catheter uses computer-controlled precision to locate the catheter tip. This type of precision ensures greater success rates, reduces physician fatigue, and decreases procedure time. Current mechanical catheter technologies have a number of disadvantages that can be significantly improved by utilizing EAP technology.
“The BRDG-SPAN project fits our corporate mission of creating enabling technology to improve the quality of living,” said Ralph Russo, co-founder, president, and CEO of SPS. “The NIH financing will enable us to speed the commercialization of micro-steerable cardiac ablation and related catheters that will make life-saving medical procedures less expensive, less risky, and more accessible. The grant has opened the door for EAP technology to be used in a number of other catheter procedures, such as OB-GYN, G.I., and cranial applications, as well as enable advanced micro- steerability, reduced procedure times, and advanced automation capabilities.” SPS is collaborating with Hershey Medical Center to develop a fully commercial demonstration of an advanced electric micro-steerable mapping and ablation catheter using a new class of proprietary EAPs.
Please contact Dr. Dean Anderson for further information on this project: danderson@strategicpolymers.com
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