Healthcare Company

S.E.A. Medical Systems

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Funding Goal
Funding Raised So Far $3,000,000
Funding Commitments $0
Funding Remaining
Funding Type Common Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Company Overview


S.E.A. Medical Systems develops medical devices that can detect life-threatening intravenous drug errors before they harm patients.

S.E.A. Medical Systems Inc. is a private healthtech company that has created a disruptive platform technology with life-saving product applications, allowing for the identification and characterization of medical solutions in real time. Using a patents pending version of impedance spectroscopy, the identity and concentration of solutions can be determined almost instantly through a comparison of a unique electronic signature generated from contact of the solution with a disposable BIOMEMS sensor chip and comparison to a known library of profiles. SEA's technology is broadly applicable to multiple platforms including preventing IV preparation errors in the Pharmacy, identifying and stopping medication errors at the bedside, keeping expensive biopharmaceutical manufacturing on track, ensuring dialysis patients get their full therapeutic benefit, and detecting counterfeit medications to prevent them from entering the distribution channel. These devices cumulatively have the real potential for multi-billion dollar annual product sales. For example, Auto IV is a disruptive technology that has the potential to revolutionize the smart pump business, currently valued at over $3B per year in the US. Companies in these business segments find our technology compelling and for the right investor or partner, this is an opportunity to have a major transformative impact on Medicine. Based in San Jose, CA, the company has been supported by Series A investors including Quantum Technology Partners, New Biology Ventures, and private investors, Series B investor JK&B Capital and non-dilutive capital.

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Business Summary


Company Age
Employees
Sub-Industry
Prior Year Revenue
Current Year Revenue
Next Year Revenue

Management


Michael J. Weickert
Chief Executive Officer
Michael J......

Dr. Michael J...... has been President and CEO of S.E.A. Medical Systems since 2008. Prior to S.E.A. Medical, he was Chief Business Officer at Corium International, Inc. an established transdermal drug delivery company, and StrataGent Life Sciences, Inc., a drug delivery startup, where he managed marketing, business development, finance and assisted the merger of the two companies. During more than 8 years at Nektar Therapeutics, a premier drug delivery company, Dr. held a variety of positions including Senior Program Executive and Senior Director Product Marketing, leading Portfolio Management and New Product Planning. He and his team evaluated hundreds of pharmaceutical and device product ideas and in-licensing opportunities and wrote over 30 business plans including one that became the spin-out Pearl Therapeutics. He collaborated with Business Development on partnering efforts in the US, EU, and Japan.

Chief Financial Officer
Doug H......

Vice President
Ravi S......

Sr. VP R&D at S.E.A. Medical Systems

Vice President
Trudy N......

Vice President
Chris K......

VP Manufacturing & Supply Chain at S.E.A. Medical Systems

0%

Funding Goal
Funding Raised So Far $3,000,000
Funding Commitments $0
Funding Remaining
Funding Type Common Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Documents


Contact


S.E.A. Medical Systems

San Jose, CA 95101, US

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