The Cuyahoga County New Product Development and Entrepreneurship Loan Fund awarded Cleveland Medical Devices Inc. $60,000 to step up commercialization of the company’s SleepView device for sleep apnea screening at home.
CleveMed has a lineup of wireless diagnostic sleep systems, including SleepView, which is the smallest and lightest home sleep monitor with an American Academy of Sleep Medicine-recommended Type 3 channel set.
“This is all about, how do we start to commercialize this more?” said CleveMed chairman Bob Schmidt. “We want to expand from the hundreds of places [where the device is used] now to thousands of places.”
CleveMed develops innovative biomedical signal processing and instrumentation devices for sleep and movement disorders, like Parkinson’s.
The Manufacturing Advocacy & Growth Network, known as MAGNET, administers the Cuyahoga County loan fund. The organization will distribute $470,000 across 12 companies from the latest round of funding from the program.
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