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Verimetra, Inc.

Verimetra, Inc.

Address:
Verimetra, Inc.
2403 Sidney Street, Suite 280
Pittsburgh, PA 15203

Phone: (412) 381 2021
Email:info@vermetra.com
Website: http://www.verimetra.com
COMPANY INFORMATION

Verimetra makes medical instruments "smart" and manufacturers miniature thin film sensors used in medical applications that involve very small high end catheters. The Company designs and manufactures sensors using micro-electromechanical systems (MEMS) technology, which is the only method available that produces sensors small enough to be embedded in surgical devices without changing their basic form or function, allowing our customers to sell the same products, now “smart”, without requiring the surgeon to use a new device.

In most medical procedures, from dentistry to ophthalmics, from neurosurgery to cardiac surgery, risk to the patient can be reduced by providing the medical professional with information that he currently cannot access. Receiving real-time data during the medical procedure offers the following benefits: (i) reduction of risk to the patient leading to better patient care, and (ii) decrease of the length of the procedure which leads to greater productivity for the surgeon and the hospital, and (iii) improvement of patient recovery which reduces the overall cost of health care and increases worker productivity.

Verimetra makes medical devices “smart” by embedding (US Patent 6,494,882) a variety of small sensors at the most effective place on or within the device. Simply stated, we make “dumb” metal tools “smart”. Examples include forceps, grippers, retractors, drills, and other surgical devices.

Through the use of Verimetra’s products, medical device manufacturers are able to deliver features and functionality that, depending on the medical procedure, improve outcomes, reduce risk and shorten patient recovery times. Verimetra’s innovative new product features are also used by manufacturers to strengthen their market position, enter new markets and maintain gross margins. Verimetra gives these manufacturers a way to accomplish these goals by adding proprietary features at a low cost without extensive product redesign. Furthermore, in many instances, Verimetra’s customers’ goals will be met by the transformation of a re-usable product (one-time sale) into a smart disposable product (one sale per procedure).