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Home » Rhaeos and its shunt monitor win MedTech Innovator’s 2020 global competition

Rhaeos and its shunt monitor win MedTech Innovator’s 2020 global competition

October 6, 2020 By Chris Newmarker

Rhaeos Flowsense
The Flowsense shunt monitor [Image courtesy of Rhaeos]
MedTech Innovator announced today that wearable head shunt monitor startup Rhaeos has won its 2020 Global Competition.

Rhaeos (Evanston, Ill.) won the competition and $350,000 grand prize in a virtual live audience vote at The Virtual MedTech Conference, powered by AdvaMed. The 2-year-old company’s wearable, noninvasive Flowsense device monitors ventricular shunt function for hydrocephalus patients — something which has required hospital visits for an MRI or CT scan to determine whether the tubes are properly draining excess spinal fluid from the brain.

“Participating in the MedTech Innovator Accelerator program has provided our team with invaluable mentorship and support from industry leaders that we are incredibly thankful for,” said Anna Lisa Somera, CEO of Rhaeos. “We are honored to be recognized by the medtech community as this year’s MedTech Innovator winner and we look forward to taking our next steps as a company to bring our solution to the patients who need it.”

Rhaeos beat out over 1,000 other startups and emerging-growth medical technology companies.

Cellvie, Circadia Health, Lief Therapeutics, and Moray Medical were runners-up and received a prize of $25,000 as finalists selected from this year’s MedTech Innovator Accelerator program.

Filed Under: Business/Financial News, Digital Health, Featured, Funding Roundup, Neurological, News Well Tagged With: AdvaMed, Cellvie, Circadia Health, Lief Therapeutics, Medtech Innovator, Moray Medical, Rhaeos

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About Chris Newmarker

Chris Newmarker is the executive editor of WTWH Media life science's news websites and publications including MassDevice, Medical Design & Outsourcing and more. A professional journalist of 18 years, he is a veteran of UBM (now Informa) and The Associated Press whose career has taken him from Ohio to Virginia, New Jersey and, most recently, Minnesota. He’s covered a wide variety of subjects, but his focus over the past decade has been business and technology. He holds bachelor’s degrees in journalism and political science from Ohio State University. Connect with him on LinkedIn or email at [email protected].

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