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Home » Prevent Biometrics acquires X2 Biosystems head impact monitoring assets

Prevent Biometrics acquires X2 Biosystems head impact monitoring assets

October 30, 2018 By Fink Densford

Prevent Biometrics, X2 Biosystems

Head impact monitoring tech developer Prevent Biometrics said last week it acquired the head impact monitoring assets of Seattle-based X2 Biosystems for an undisclosed amount.

Minneapolis-based Prevent Biometrics, which spun-out of the Cleveland Clinic in 2015, said that the acquisition will bring together its own Impact Monitor Mouthguard and X2’s skin patch-based platform.

Prevent Biometrics said that it is working with the U.S. Military to further develop head impact monitoring solutions for training and combat situations

“The opportunity to add X2’s patents and engineering know how is an exceptional one for Prevent. Head impact monitoring holds transformational potential for concussion safety, and our combined intellectual property gives us a tremendous competitive advantage in this emerging category,” co-founder & CEO Steve Washburn said in a prepared statement.

“Head impact monitoring is a practical example of IoT applied to sports and healthcare. Safety in youth sports is a real concern affecting millions of kids and we are happy to see Prevent continuing to make strategic moves and lead the way in making sports safer. Low-power sensors and circuits provided by Maxim enable smaller size sensors and the proliferation of head impact monitoring technology. By combining the X2 and Prevent technologies, we are excited about the many benefits this will provide to athletes, coaches, trainers, teams, researchers and healthcare professionals. Prevent’s Impact Monitor Mouthguard has emerged as the most effective product in the space, and their team has the expertise to commercialize a range of solutions to better understand concussions and immediately improve player safety,” X2-backer Maxim Ventures head Chris Neil said in a press release.

Filed Under: Business/Financial News, Diagnostics, Mergers & Acquisitions, Patient Monitoring Tagged With: preventbiometrics, x2biosystems

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