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Liberate Medical

Liberate Medical

Liberate Medical is a medical device company focused on pulmonary care founded in 2013.

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Contents

liberatemedical.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Engineering
Engineering
Medical ventilator
Medical ventilator
Biomedical engineering
Biomedical engineering
Medical device
Medical device
Healthcare
Healthcare
Health technology
Health technology
Location
Louisville, Kentucky
Louisville, Kentucky
‌
Crestwood, Kentucky
CEO
Angus Mclachlan (businessman)
Angus Mclachlan (businessman)
AngelList URL
angel.co/liberate-medical
Pitchbook URL
pitchbook.com/profiles.../89382-52
Accelerator
XLerateHealth
XLerateHealth
Accelerator Batch
‌
XLerateHealth Aug 2013
Spun Out From
Apellis Pharmaceuticals
Apellis Pharmaceuticals
Full Address
6400 Westwind Way, Suite A, Crestwood, KY 40014
Investors
National Science Foundation
National Science Foundation
Founded Date
2013
Total Funding Amount (USD)
2,150,000
Latest Funding Round Date
January 1, 2017
Latest Funding Type
Angel round
Angel round
Wellfound ID
liberate-medical
Country
United States
United States

Other attributes

Company Operating Status
Active

Liberate Medical develops medical devices for patients with pulmonary indications to improve quality of life and reduce cost of care that is headquartered in Crestwood Kentucky and was founded in 2013 by Angus Mclachlan, Cedric Francois, Larry Horn, Pascal Deschatelets, and Renato La Rocca.

Liberate Medical develops medical devices for patients with pulmonary indications to improve quality of life and reduce cost of care. The company developed the VentFree muscle stimulator, an electrotherapy device that stimulates the abdominal wall muscles in a synchronized manner with mechanical ventilation. VentFree is designed to reduce the time for weaning patients off mechanical ventilation. The VentFree muscle stimulator received Breakthrough Device Designation from the FDA in January, 2019. The device is reported to have demonstrated feasibility to treat mechanically-ventilated critical care patients.

The VentFree Respiratory Muscle Stimulator received FDA Emergency Use Authorization (EUA) to reduce disuse atrophy of abdominal wall muscles to potentially reduce the number of days adult patients require mechanical ventilation, including patients with COVID-19 respiratory disease caused by SARS-Cov-2. Two pilot randomized controlled trials in Europe and Australia found that compared with placebo stimulation, VentFree may reduce ventilation duration and ICU stay duration. Alira Health, a healthcare and life sciences advisory firm, supported Liberate Medical in their FDA EUA application.

In October 2019 Liberate Medical announced gaining approval to sell its products in Europe from the European Union Regulatory body. Liberate medical plans on selling their VentFree device to European distributors instead of selling directly to hospitals.

Funding
XLerateHealth

Liberate Medical is a company that participated in the XLerateHealth 08/01/13 cohort and raised an estimated $2,310,000. In May 2019 Liberate Medical closed a $1.35 million fundraising round.

Angel round

On December 21, 2016 Liberate Medical announced raising $650,000 in angel funding from undisclosed investors.

Grant

On January 1, 2017 Liberate Medical received a $250,000 grant from an undisclosed source.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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No Further Resources data yet.

References

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