MASSDEVICE ON CALL — Orange County, Calif., technology-backer OCTANe is teaming up with the Southern California Center of Technology & Innovation in Pediatrics (CTIP) to advance medical devices for chidren’s health.
OCTANe plans to set up shop at the Children’s Hospital of Las Angeles (CHLA), which operates the CTIP, to help commercialize new pediatric device with its "LaunchPad process of predictive analytics-based acceleration."
The CTIP, which was formed in 2002, recently landed a $1.5 million FDA grant to accelerate development of pediatric devices.
"The opportunity to work with CHLA and CTIP underscores OCTANe’s mission of connecting people and ideas with resources and capital and creating new jobs in Southern California," OCTANe president & CEO Matthew Jenusaitis said in prepared remarks. "This agreement will help a wider patient population gain access to the life saving technologies under development at CTIP."
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