Company Research Report: Cortical Dynamics Ltd

Company Overview

Name

Cortical Dynamics Ltd

Mission

Developing next-generation reliable, flexible, and objective medical brain monitoring technology capable of measuring both levels of unconsciousness and pain.

Foundation

• Cortical Dynamics Ltd was originally developed from intellectual property at Swinburne University in Melbourne.

• Headquarters: Level 2 RPH Research Foundation Building, 50 Murray Street, Perth, WA 6000, Australia.

• Additional operations in Scoresby, Victoria.

Key People

• Ashley Zimpel: Business developer, corporate financier, and investment banker with extensive experience.

• David Breeze: Corporate finance specialist and Chairman of Grandbridge Ltd and BPH Energy Ltd.

• Charles Chang: Founder of Accolade, Inc. and Susterra EnVision, with a background in renewable energy solutions.

Headquarters

Level 2 RPH Research Foundation Building, 50 Murray Street, Perth, WA 6000, Australia.

Number of Employees

No information is available.

Revenue

No information is available.

Recognition

• Winner of the Australian Advanced Manufacturing Technologies Competition 2016.

• Therapeutic Goods of Australia (TGA), CE (Europe) certified, FDA (510k approved), and Korea MFDS certified.

Products

BARM™ (Brain Anaesthesia Response Monitor)

• High-Level Description:

Developed to detect the effect of anaesthetic agents on brain activities, aiding anaesthetists in keeping patients optimally medicated.

• Key Features:

• Only system with methods based on a physiological model of brain electrical activity.

• Continuous monitoring of patient’s anaesthetic state.

• Measures both levels of unconsciousness and pain.

• Reliable, versatile, sensitive, comprehensive, and accurate.

Recent Developments

New Product Launches

No information is available.

New Features

• BARM™ received Korean audit (KGMP) approval for Cortical’s manufacturing facility in Perth, WA.

• CI (Composite Index) responds to opioid concentration indicating its potential as a measure of analgesic efficacy.

New Partnerships

• Philips Healthcare North America Corp: Entered a non-exclusive Licence and Cooperation Agreement enabling Cortical to interface the BARM™ into Philips IntelliVue and Patient Information Center (PIC iX) Monitoring Systems using the IntelliBridge integration product line.

Clinical Trials and Validations

• Clinical Trials: Conducted trials in 12 hospitals across ANZ, Europe, and the UK, highlighting positive outcomes.

• Validation: Successfully used in over 200 operations worldwide.

• Patent Coverage: Extensive 29 global patent coverage including USA, Asia, Europe, and ANZ.

Distributors

• Globaluck, S. Korea: Distributor across Korea assisting in monitoring patients’ states under anaesthesia.

• Innomed Benelux B.V: European distributor.

For further information or inquiries, the company can be contacted at:

• Tel: 08 9328 8644 / +61 8 9328 8644

• Email: admin@corticaldynamics.com

• Head Office: Level 2 RPH Research Foundation Building, 50 Murray Street, Perth, WA 6000, Australia.

Summary

Cortical Dynamics Ltd is pioneering advanced brain monitoring technology, offering robust solutions to better anaesthesia management, backed by strong clinical validations, partnerships, and global patents.