Clear Guide Medical Receives $200,000 National Science Foundation (NSF) Funding with Johns Hopkins University

Clear Guide Medical announced today that it has received a $200,000 NSF Small Business-JHU Engineering Research Center Collaborative Opportunity award to develop additional features of its advanced image-guidance device.   This award shows that the science underpinning the device is innovative and useful.  Clear Guide Medical's device is truly the next generation in advanced image-guidance, and its platform technology will be able to be used with all imaging modalities.

About Clear Guide Medical

Clear Guide Medical, a spinout of Johns Hopkins University, provides innovative advanced image-guidance for needle-based interventions and diagnostics.  The company was a finalist in Maryland's 2012 Innovation, Corporate Excellence and Entrepreneurship (ICE) Awards, and is currently working on FDA clearance for its first generation device to be used with ultrasound-based interventions.  The company has received over $700,000 in grants and awards, and is currently seeking early stage private investment.

About the National Science Foundation's Small Business-ERC Collaborative Opportunity

This program aims to facilitate the translation of NSF's technology investments in Engineering Research Centers and in Small Business Innovation Research and Small Business Technology Transfer projects into the market place. Furthermore, in instances where an ERC is funded with a mission to support the public good through the implementation of critical public engineering systems, this includes facilitating implementations that realize the intended public benefit.

The specific goals of this opportunity are to strengthen the research capacity of active NSF SBIR/STTR Phase II awardees to speed the entry of their innovations into the marketplace and broaden its portfolio of marketable products through collaboration with an ERC.  For more on this program see http://www.nsf.gov/pubs/2012/nsf12543/nsf12543.htm