About Tandem Medical
Tandem is a medical device company located in San Diego. The company manufactures and sells an automated drug delivery system primarily for use in home-administered IV's. The device is a relatively simple mechanical pump that is simpler and safer to use than standard IV therapy.
Latest Tandem Medical News
Apr 5, 2017
Tandem Medical Addressing A Big Problem In Healthcare April 5, 2017 4 min read UVA Startup Tandem Medical Is Tackling Communication In Hospitals There are so many different kinds of healthcare startups out there. There are medical devices, cancer treatments, pharmaceuticals, telemedicine, apps for healthcare, and many more. There is technology driving every piece of the healthcare industry. Yet medical environments still struggle with communication, especially hospitals. There’s no real statistic out there that pin points how many patients have been adversely affected by the time it takes for doctors to communicate with one another and other medical staff, but if there were the number would probably be quite high. The pager (beeper) is still a relevant piece of technology in the medical environment. While in the 80’s and 90’s you had to be a doctor or a drug dealer to own a beeper, today, just about everyone in America has replaced the pager with a smartphone. Today though, pagers are used in emergency or important situations, but they still don’t help in the communication flow. UVA Today, reported on University of Virginia startup Tandem Medical. The company was founded by Kamran Pirasteh, James Wang and Ripley Carroll (who worked for some great friends of ours at Speek ). Pirasteh came up with the idea after becoming enamored with Slack and it’s efficiency in just about every vertical possible. He identified a need for a communication system as efficient as Slack but also scalable with the privacy and HIPPA requirements needed in the medical environment. While there’s a lot of startups out there tackling consumer facing issues, even startups at UVA like 1degree, Pirasteh saw a need for an enterprise health solution. “I was looking for industries where a really efficient platform could make a difference, and health care is one of those industries,” Pirasteh told UVAToday. “So many student entrepreneurs focus on consumer-facing businesses, and while those can be great, they’re going to have the same kind of impact that health care can have.” While working on customer discovery Pirasteh was able to find a mentor in the medical field that allowed him to shadow during the summer. That’s where Pirasteh discovered the communication breakdown. The founders set up Tandem Medical to deal in role based communication to solve problems like tracking down missing labs and blood work. Doctors are losing lots of valuable time trying to track down blood samples, test and lab results, and specifically which lab techs, nurses or administrators performed these tests. If something doesn’t look quite right that doctor needs to get to the bottom of it quickly. Tandem Medical suggests that doctors spend up to 20% of their day just tracking people down. With Tandem doctors looking for a test result could immediately be connected to the patients nurses and technicians. From there they can have a HIPPA compliant chat and quickly come to a resolution for the patient.
Tandem Medical Frequently Asked Questions (FAQ)
When was Tandem Medical founded?
Tandem Medical was founded in 1997.
Where is Tandem Medical's headquarters?
Tandem Medical's headquarters is located at 535 Encinitas Boulevard, Encinitas.
What is Tandem Medical's latest funding round?
Tandem Medical's latest funding round is Unattributed VC.
How much did Tandem Medical raise?
Tandem Medical raised a total of $13M.
Who are the investors of Tandem Medical?
Investors of Tandem Medical include Portage Venture Partners, Avalon Capital Management, Biotechvest, Domain Associates, Forward Ventures and 5 more.
Who are Tandem Medical's competitors?
Competitors of Tandem Medical include PharmaJet, Erydel, Mirus Bio, Vapore, Cellnovo and 7 more.
Compare Tandem Medical to Competitors
Medlogics is an early stage medical device company developing a broad platform technology for drug delivery. The initial focus is product development of polymer-free stent drug delivery.
Mirus Bio is a company that specializes in the development of transfection reagents and proprietary technologies for nucleic acid delivery applications, operating within the biotechnology and life sciences industry. The company's main offerings include solutions for the production of viral vectors, manufacturing of recombinant proteins and monoclonal antibodies, and gene editing technologies. Mirus Bio primarily serves the cell and gene therapy industry. It was founded in 1995 and is based in Madison, Wisconsin.
Therataxis is a company in the biomedical industry that specializes in modeling and simulating transport within the brain and other solid tissues. They offer surgical simulation software, simulation-based device designs, and services in medical image analysis, biomedical simulation, and research and therapy planning management. Their technology is primarily utilized by clinical research organizations and pharmaceutical companies. It is based in Baltimore, Maryland.
Next Breath is a contract services provider that focuses on the pharmaceutical, biotech, and medical device industries. The company offers a range of in-vitro services, including pre-clinical formulation development and analytical testing, to support submissions to regulatory agencies. Its primary customers are innovators of promising drug molecules and inventors of pulmonary and nasal drug delivery devices. It is based in Baltimore, Maryland.
Cambridge Eyenovations is developing drug-eluting contact lenses that can dispense medicine automatically for glaucoma patients so that people don't need to put in eyedrops at all, and can go a month without changing contact lenses.
EZRA Innovations, also known as Ezra Pharma, is a specialty pharmaceutical company focused on the development and commercialization of brand and generic drug products. The company's main offerings include highly technical and innovatively formulated pharmaceutical therapies that aim to improve quality and accessibility. Ezra Pharma's products are developed using proprietary delivery technologies, with several new and abbreviated drug applications filed with the FDA. It is based in Little Rock, Arkansas.