A Medical Device Daily
The Epilepsy Therapy Project (ETP) and the Epilepsy Foundation (EF; Landover, Maryland) reported the latest grant recipients of their New Therapy Grants Program, a unique joint venture of two non-profit epilepsy organizations, to advance promising epilepsy research in clinical development.
The grant awards, totaling $400,000 in funding, will support the development of three new technologies: SmartWatch, a monitoring and detection watch device developed by Smart Monitor (San Jose, California); EpiLert a seizure alert device developed by BioLert (Even Yehuda, Israel); and an MRI-guided laser system for minimally invasive surgery developed by Visualase (Houston).
The New Therapy Grants help advance promising, new treatments through critical early milestones to support further investment and development. Applications are evaluated by scientific and business advisory board members including experienced clinicians, scientists, investors and drug and device industry participants. Awards are given based on the potential to provide substantial benefit in a time frame relevant to those living with epilepsy today.