Thanks to its excellent business plan and committed management team, BPH Energy Limited, an Australia-based company, is making significant progress in the biotechnology sector.
Petroleum (Advent Energy Ltd), biotechnology (Molecular Exploration Systems and Cortical) and medicinal marijuana (Patagonia Genetics Pty Ltd) are one of the few industries where investments are made by BPH Energy Limited.
Thanks to its strategic investment in Molecular Discovery Systems and Cortical Dynamics Limited, the company is making progress. In Cortical Dynamics, the company is the holder of 4.56% and has the right to increase the share to 14%.
Cortical focuses on the generation of the Brain Anaesthesia Response Monitor (BARM) based on an algorithm that can measure the brain function of the patient at the time of surgery to maintain the optimal dose of medicine.
Just now, Cortical, together with the previously acquired CE mark and TGA certification, has received the KGMP clearance certificate for BARM.
According to a study, if a smaller amount of anesthesia is administered, 1 out of 1000 patients wake up while the operation is taking place.
On the other side, an elevated dosage of anesthesia may contribute to post-operative complications such as anxiety, extended hospitalization, post-traumatic stress disorder, etc. About 37% to 46% of patients undergoing surgery experience post-operative delirium, which may occur in 87% of patients based at treatment and age.
The U.S. Healthcare System invests almost $164 billion on post-operative delirium each year.
BARM recognizes this significant unmet criterion and helps anesthetists establish an adequate dose of anesthesia during major surgeries.
In medical technology space, the BARM device provides a critical competitive advantage.
Although there are several EEG-based sensors on the market, they all have their share of limitations. These include the failure to measure multiple hypnotic drugs, the inability to heck perception of disabled people
Tags : EEG-based sensors , Molecular Discovery Systems, Brain Anaesthesia Response Monitor, BARM, business plan , ,