Last deal

Amount

Venture - Series Unknown

Stage

01.01.2021

Date

10

all rounds

$19.1M

Total amount

General

About Company
OtoNexus has developed a device that instantly diagnoses middle ear infections.

Industry

Sector :

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Also Known As

OtoNexus, OtoMetrix Medical Technologies

founded date

28.12.2010

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

OtoNexus has introduced the world's first medical device that accurately identifies middle ear infections, known as Otitis Media, in both children and adults. By utilizing ultrasound technology in a unique manner, this simple and elegant solution allows clinicians to differentiate between viral and bacterial infections, enabling them to make informed decisions about antibiotic prescriptions. The device's one-use-per-patient tips create a recurring revenue stream, while its user-friendly design ensures that physicians or non-physician personnel can easily operate it. With rapid results available in seconds, OtoNexus' device represents a significant advancement in the detection of otitis media.
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