ProductHP
Ultradian Diagnostics is an early stage medical device company whose mission is the development of advanced, continuous, wireless biosensors for on-patient monitoring and management of chronic illnesses. The founding of Ultradian was driven by an unmet need for high-quality healthcare delivery devices capable of lowering costs and improving patient care. Ultradian’s technology, when fully implemented, will fundamentally change existing paradigms for managing chronic illnesses such as diabetes. Ultradian has world class technology, internally developed, which will disrupt the current market for glucose monitoring and eventually replace the $8.0 billion market for fingerstick testing. Our initial product, called Biologue, is a next generation, minimally invasive, continuous glucose monitoring (CGM) system for the management of diabetes. The system’s major competitive advantages, versus similar technology, are:
  • Elimination of painful fingerstick testing,
  • Reduced calibration requirements to one time per sensor wear period (5 days),
  • Product shelf-life of 12-18 months at room temperature,
  • The ability to predict and alarm users 20 minutes in advance of exceeding either a high or low glucose level,
  • The ability to detect early signs of diabetes years before clinical symptoms occur,
  • Provide a calibration free interface to an insulin pump.
In combination, these distinct competitive advantages leap-frog the competition and position the company at the forefront of the quest to develop a calibration-free, closed loop “artificial pancreas.” The company’s preferred exit strategy is to be acquired by a major healthcare company who will complete high volume manufacturing of the product for distribution through their existing sales network.