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SteadyMed Ltd. SteadyMed Ltd. is a medical-device company pursuing innovative devices for delivering injectable therapeutic drugs for pain relief, diabetes and other chronic conditions. The company is developing a new generation of light and inexpensive patch-sized miniature infusion pumps – the PatchPump™ – which function as "smart packages" for delivering injectable drugs. SteadyMed's products are based on the company's proprietary ECell™ technology. The PatchPump™ devices can deliver any combination of basal rates and user-initiated boluses and/or deliver the enclosed drug according to a desired pharmacological profile. The company's products are pre-filled drug-infusion patches that will be sold in conjunction with a series of pharma and device companies. Specific applications of the device will be tailored in accordance with the requirements of the company's partners. |
January 2009 SteadyMed Ltd. closed a $2 million round of funding from US investors. The round was lead by Samson Venture Partners, LLC, the investment management arm of Becker & Associates Consulting, Inc., May 2008 SteadyMed was chosen as one of the 60 ventures to be featured in Israel's 60th anniversary event, the President's Conference, "Facing Tomorrow", organized by Israeli President Shimon Peres |
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