Tuesday, June 07, 2005

Business World: Everest Biomedical

From the company's press release:
Everest Biomedical Forms Research Alliance With NYU
                     
ST. LOUIS, June 7 /PRNewswire/ -- Everest Biomedical Instruments Company, based in St. Louis, announced today its alliance with New York University School of Medicine's Brain Research Laboratory (BRL). The agreement provides Everest with exclusive rights to a number of patents and patent applications from the laboratory. BRL's patented information covers the fields of electroencephalography (EEG), neurodiagnostics, neurotherapy, brain function scanning and anesthesia, analgesia and amnesia monitoring. Terms of the agreement were not disclosed.

Access to BRL's intellectual property will accelerate Everest's commercialization of novel brain-state neurological assessment devices. Designed to assist physicians in screening and evaluating patients with an altered mental status, Everest's new product plans include creation of a handheld device, the BrainScope(TM), that produces automatic, functional brain-state assessments. The technology could lead to improved results and more efficient care for patients suffering from traumatic brain injuries, strokes, seizures, Alzheimer's disease and various psychiatric disorders.
[ ... Read the full press release ... ]
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Anthony H. Risser | | |

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