Portland, Oregon—November 28, 2019— Promedix today announced it has received an investment from Ideaship, a patent leveraged venture capital firm that provides patent development support for early stage startups. The investment will assist Promedix’s efforts to design, manufacture, and deploy their revolutionary medical diagnostic devices.
“Promedix’s technology represents a major break-through in medical diagnostic technologies. We are honored to support Promedix’s mission to create technology that empowers consumers to screen themselves before checking into the ER,” said Michael Lubitz, Global Technology Transfer Group (GTT Group) Managing Director and Ideaship Co-Founder.
“Promedix’s technology brings never before seen methods of medical diagnosis available to consumers in the home,” echoed Kazutoshi Yasunaga, IP Specialist for Ideaship and Director for Panasonic Intellectual Property Corporation of America.
“Ideaship has a vast network and expertise in helping startup companies rapidly accelerate progress and significantly develop a strong patent portfolio. We see them as a very significant strategic partner that will improve our ability to meet our milestones and business/go-to-market strategies. We are thrilled to have them as a partner with our business,” remarked David Sheridan, CEO of Promedix.
Promedix is a designer and manufacturer of medical devices created to measure dehydration. The company’s products aid in the diagnostic evaluation as well as monitoring of therapeutic interventions of multiple medical conditions including trauma, dehydration and sepsis, enabling physicians to simplify diagnostic home and critical care.. For more information, please visit https://promedixinc.com
Ideaship provides patent development capital for early stage ventures.
Ideaship is a collaboration between Global Technology Transfer Group (GTT Group) and Panasonic Intellectual Property Corporation of America. Ideaship combines the expertise and experience of GTT Group’s patent analysis, valuation, and monetization practices with Panasonic Intellectual Property Corporation of America’s leading patent department to achieve enterprise value premiums.