Neural Analytics said today it won a $10 million contract with the US Dept. of Defense’s US Army Medical Research and Materiel Command to develop a portable, point-of-care device to assess combat-related traumatic brain injuries.
Through the contract, Los Angeles-based Neural Analytics will partner with the DoD to develop the Lucid system with a goal of completion within 18 months. The system is intended to measure and monitor physiological parameters relevant to moderate to severe TBIs over prolonged periods.
Neural Analytics said it will partner with Battelle to provide technical and engineering support for the development project.
“We are honored to continue our partnership with the U.S. Army to further advance point of care injury management of brain health. We believe our technology will be the first of its kind targeted for a military environment. This work will also significantly impact civilian versions of the technology allowing for further advancement of our Lucid System in the pre-hospital or EMS setting,” co-founder & CEO Leo Petrossian said in a press release.
After completion, the company said it will to continue to supply the devices to the DoD and commercialize the system for civilian use.
In August, Neural Analaytics said it enrolled the 1st patient in a 2-year study exploring the use of its Lucid M1 transcranial doppler ultrasound system to evaluate cerebral blood flow in patients with mild traumatic brain injuries.
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