June 2009: Establishing Closed Loop Therapies in Erasmus MC Incubator (Press Release)

KMM has been intensively involved in the establishment of Closed Loop Therapies B.V. (“CLT”) in the Incubator in the Erasmus Medical Center of Rotterdam. KMM helped to set up a strategic cooperation with Prof. Luc Jordaens head of Electrophysiology at the Thorax Centre and to get the company entitled to pre-seed funding of the incubator.

CLT aims to develop and commercialise a novel therapeutic system, consisting of an arrhythmia-detecting drug pump combined with a unique drug, for automatic and immediate treatment of emerging atrial fibrillation (AF). Market size is estimated at 2.5-3 billion Euro, annually.

 Read the official press-release at Business Wire.