Thorasys receives $500k investment from ACOA

We are pleased to announce that THORASYS Thoracic Medical Systems Inc. (THORASYS) has received an investment of $500,000 (Canadian Funds) under the Business Development Program (BDP) from the Atlantic Canada Opportunities Agency (ACOA). The funds will be used to help THORASYS with the final steps required to bring the tremoFlo™ Airwave Oscillometry System (AOS)™ to market in the next twelve months.

Public Announcement

The official announcement took place Wednesday, September 12th, at the Dalhousie University Life Sciences Research Centre located near the Innovacorp offices. Dr. Thomas Schuessler, President and CEO of THORASYS, accepted the award on behalf of the THORASYS team and thanked ACOA and the Government of Canada for their support through the BDP and other programs. The ACOA funding “will be used towards a variety of go-to-market activities, including regulatory approval, marketing activities and launch preparations”, Schuessler said, “as well as to build THORASYS’ distribution network”.
The funding announcement came just days after the European Respiratory Society (ERS) Congress in Vienna, Austria, where the tremoFlo was introduced for the first time on European soil and received an enthusiastic response. Potential distributors, clinicians and global key opinion leaders coming by the THORASYS booth were impressed by the tremoFlo’s form factor, portability, ease of use, and the minimum effort and cooperation required from the patient when compared to Spirometry.

Congratulations to DeNovaMed

We would like to take this opportunity to also congratulate Halifax-based DeNovaMed, who received similar funding for their ground-breaking work towards developing treatments for drug-resistant infectious diseases.
For media coverage of the ACOA announcement, refer to The Chronicle Herald and to the AllNovaScotia.com website (subscribers only). A news release from the Government of Canada is also available on the ACOA site.

Thorasys exhibits at ERS 2012

The entire Thorasys team would like to thank everyone who stopped by our booth at the recent European Respiratory Society Congress in Vienna, Austria. This was the first time we showed the tremoFlo™ on European soil, and we received an enthusiastic response!

Strong Attendance

From the moment the exhibit hall opened, we were exited to see a strong, steady flow of visitors from all over the world at our booth. Due to the large volume of visitors, it may take us a little bit of extra time to work through all our leads. However, we assure you that we are working hard to follow up with you and answer your questions with the shortest possible delays. Thank you for your patience and understanding! In the meantime, keep reading this blog for more up-to-date information about Airwave Oscillometry, Thorasys and the tremoFlo.

Thorasys exhibits at ATS 2012

On behalf of our entire team, I would like to thank all attendees of the recent 2012 International Conference of the American Thoracic Society (ATS) who took the time to stop by our booth and take a look at the brand new tremoFlo™ C-100 Airwave Oscillometry System (AOS).

Introducing Airwave Oscillometry

As we went into the show, we were excited to present the tremoFlo C-100 AOS to the public for the first time. The display of our earlier prototypes had already received good feedback last year, but the C-100's new portable form factor, ergonomic shape and straightforward software user interface produced very positive responses from researchers and clinicians alike.
 

New Thorasys Website

We would like to invite you to visit and bookmark our revised website at www.thorasys.com that went live concurrently with the start of the ATS exhibit. The product information on this site will be incrementally updated and extended over the coming weeks and months.