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Lumoptik, Inc. BrightPoint needle guidance system

Light-based real-time needle guidance for epidural procedures. 11 million procedures/year all done entirely by hand. Platform Tech, this is the 1st product.

  • Stage Full Product Ready
  • Industry Medical Devices and Equipment
  • Location Spring Grove, Illinois, USA
  • Currency USD
  • Founded January 2012
  • Employees 4
  • Incorporation Type C-corp
  • Website lumoptik.com

Company Summary

Lumoptik has developed a platform technology light-based needle guidance system for epidural procedures. Over 11 million epidurals are performed in the US. The system is inexpensive and easy to use. Razor and razor blade commercial model with electronic controller (razor) and disposable fiber optic (razor blade).

Completed live animal trials with anesthesiologists. Excellent results and strong market adoption feedback. Market launch late 2020.

Team

  • --Over 25 years medical device experience in Marketing, Operations and Regulatory functions, leading to senior management.
    --Have taken 50+ medical devices through the FDA 510(k) process
    --Successful start-up experience as Founder of a medical device company from inception through asset sale to a large multi-national corporation.

  • 7efc6b60 e204 492f a5ab 23a3f11ed3f5
    Chief Scientific Officer

    --Over 26 years at Abbott Labs as a biomedical engineer developing medical devices and drug products.
    --Has 30+ patents including FactPlusTM lateral flow immunoassay pregnancy tests, Aluer® Vial needleless access drug vials, and XIENCE® the world's leading drug-eluting stent (DES).
    --Don's patents are worth over a $Billion in sales
    --Don has been a senior executive for two different medical device start-up companies before joining Lumoptik.

  • Cec63ce1 26b0 478b 9808 3fa8f681b756
    Chief Clinical Officer

    Andy is a trusted, results-oriented professional with over 25 years’ experience in the pharmaceutical, biotech, veterinary, and medical device development and the development, testing, commercialization of life science products, and fundraising from venture capital and private equity sources.

    Dr. Alexander holds degrees in Veterinary Medicine and Surgery, a Ph.D. in Biomolecular Science and an MBA from the University of Wisconsin.

  • 9b5e1a69 0e9d 461b aa9c 0a9148c568a0
    Chief Operating Officer

    --20 year veteran of the electronic contract manufacturing industry.
    --Diverse leadership roles such as Director of Operations, and Plant and Production Manager.
    --Extensive experience with all aspects of manufacturing including mechanical assembly, manufacturing operations, logistics, supply chain management, launching new production operations and product lines, including the establishment of manufacturing facilities and processes.