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WaveGuide Corporation

Location:MA, US
Speaker:Les Fritzemeier
Primary Industry:Biotech & Medical
Executive Summary:The WaveGuide handheld magnetic resonance spectrometer, the WaveGuide Tangent MR, enables the low cost, rapid, point-of-interest diagnosis of diseases and analysis of chemical markers. The WaveGuide Tangent MR will facilitate the control of global pandemics, accelerate the diagnosis of critical health care issues and help to combat counterfeiting, adulteration and product diversion in industries as diverse as petroleum, food and beverage, healthcare and life sciences and security. The WaveGuide Tangent MR combines unique control circuitry in a standard semiconductor device with state of the art molecular spectroscopy and diagnostics techniques to reduce power consumption at the same time as improving sensitivity. The result is the liberation of diagnosis and analysis from the laboratory, reducing cost and time to improve responsiveness to critical patient and customer needs. WaveGuide is focused on specific market verticals that will allow the rapid commercialization of the device. The company expects to achieve positive cash flow within four years and to exit through acquisition by a major device manufacturer.
Venture is:A-Round

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