The founders of Spry Health are used to hearing from researchers over the years who want to use the company's Loop wristband for their project. Now, the company is turning the tables and reaching out to the academic community to offer an in-kind grant that includes 100 Loop wristbands plus consulting services from the company's R&D team.
Spry Health, a finalist in our 2018 Medtech Startup Showdown, designed the Loop wristband to continuously collect cardiovascular and respiratory parameters from chronically ill patients without requiring input from the user. The data is streamed to the system's analytics platform for tracking and analysis in an effort to pinpoint the earliest signs of patient deterioration in advance of any new symptoms noticeable to the patient. In the clinical setting, the data can be used to help providers intervene earlier.
Because the Palo Alto, CA-based connected health company has already seen regular demand from the research community for access to the Loop technology, Co-Founder Pierre-Jean "PJ" Cobut told MD+DI, Spry Health decided to send out a call for grant applications to establish a formal way to collaborate with researchers.
"Healthcare startups can't live without solid academic partnerships ... so for us, it's a good way to meet like-minded individuals in the academic field and see if there's something we can do together," Cobut said. "It's the type of partnership that really is a win-win for everyone ... we're a science company so we want to put that front and center. So as we grow, hopefully, we can do more of these and a larger one too."
The Loop is the first clinical grade wearable that measures blood pressure, pulse oximetry, respiration rate, and heart rate. The Loop is designed to identify early signs of patient deterioration before symptoms are noticeable.
“The ability to continuously track and quantify both a patient’s baseline and stressed state throughout their normal daily routine could not only change the way in which we deliver healthcare, but also change how we fundamentally understand what health is,” said Steven Steinhubl, MD, director of digital medicine at Scripps Translational Science Institute.
Spry Health is currently accepting applications from academic institutions through May 18. The grant is for a period of roughly 12 months, and interested parties must demonstrate in detail how they intend to leverage the technology to further understand human health and chronic disease.