Company Profile: Vigor Medical Systems, Inc.

CED Life Science Conference 2017 - Showcase

Sub-sector: Medical Device                                                               
Year Founded: 2015

COMPANY PROFILE
Vigor Medical Systems-a Duke spin out company has developed a new mobile health respiratory device which monitors lung function.  The company's product is a wireless, mobile spirometer which connects to an app allowing improved patient, or patient-to-provider, integrated respiratory care management.  There over 450 million people who suffer from some form of chronic respiratory disease, such as asthma, COPD or Cystic Fibrosis to name a few, and many of these individuals often require lung function monitoring to help manage their condition. Mismanagement of, or complications associated with respiratory disease has a negative cost impact of more than $75 billion annually on the US Healthcare system-alone.  Vigor Medical Systems, Inc. connected spirometer is intended to improve adherence, reduce cost and improve outcomes.

FOUNDERS/MANAGEMENT TEAM
Rich Kindberg, Interim CEO
Daniel Chander, Founder, CTO
Rich Pilnik, Board Member, President
Gregory Poore, Founder

KEY MILESTONES TO DATE

  • Funding: Private funds or goodwill used to date. December 2016 began to seek seed capital up to $600k to advance the product to commercialization
  • FDA Q-sub meetings and direction established to commence clinical trials
  • Device prototypes and supporting apps (e.g., Android and iOS) have been developed and currently being used in the clinical trial being conducted at Duke
  • Clinical trial (equivalency data vs. standard spirometer) is more than 3/4 complete with very solid results.
  • Completed behavioral study to understand consumer (e.g., patients) motivation factors in complying with use of a device
  • Hired interim CEO
  • Provisional Patent filed

POWERED BY
Duke Innovation and Entrepreneurship Initiative, Duke Medicine, Duke Office of Licensing and Ventures, First Flight Venture Center

CONTACT
Rich Kindberg
rckindberg@gmail.com
Raleigh, NC

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