By Sarah Faulkner | SEPTEMBER 14, 2016
Neural Analytics landed a $3 million grant from the National Institutes of Health for the diagnostic and monitoring technology it’s developing for traumatic brain injury and stroke, the company reported. The NIH’s Small Business Innovation Research program funded the grant.
Los Angeles-based Neural Analytics, founded in 2013, develops technology to measure and track brain health, particularly traumatic brain injury, acute ischemic stroke, and dementia. The company is working on a portable ultrasound headset for athletes at risk of concussion.
With the NIH funding, they hope to create a portable device for 1st responders that can precisely diagnose traumatic brain injury and stroke. They argue that without a device to produce objective, physiological measurements of neural disorders, 1st responders can inadvertently delay treatment for patients.