ADVANCED VASCULAR THERAPIES, INC. — Department of Agriculture SBIR Phase II: 8.6

ADVANCED VASCULAR THERAPIES, INC. — SBIR Phase II award from Department of Agriculture.

Amount
$600,000
Agency
Department of Agriculture
Program / Phase
SBIR · Phase II
Topic
8.6
Solicitation
USDA-NIFA-SBIR-006649
NAICS
Place of performance
IN
Period
2019-09-04 → 2021-08-31

Description

ritical limb ischemia (CLI) the most severe form of peripheral arterial disease (PAD)occurs when arterial circulation is insufficient to support the metabolic demands of thetissue. Amputation is often the result. In many diabetic patients the arterial disease isso diffuse and distal that revascularization success rates are low. Mortality rates for CLIpatients are high at 50% within 5 years and 85% within 10 years. Given the obesityepidemic associated with diabetes developing new strategies for treating CLI inpatients without a revascularization treatment option remains a crucial goal and keyopportunity.AVT an Indiana-based small business is developing a new device to treat CLI andother vascular conditions of the extremities. Through a successful Phase I AVTdeveloped a working prototype of its Smart pneumatic compression device (PCD). As acontinuation of those successful efforts AVT and its collaborators are proposing thefollowing Technical Objectives in Phase II:1) Continue to consult with Dr. Robert McBane and use pilot data and his expertise toimprove AVT's PCD prototype;2) Further develop AVT's main PCD prototype and cuff to maintain efficacy whilemaximizing benefits—including ease of use in home or clinic;3) Create additional smart features to enhance use and compliance;4) Transfer the PHI prototype to GMI and provide ramp-up for manufacturing for homeand clinical sales; and finally5) Prepare for FDA passage and regulatory clearance. Once fully developed this newSmart PCD offers an extensive market opportunity as it can be used to treat multipleconditions with compliance feedback that will aid prescribers' treatment plans andpayers' reimbursement validation.The outcome of this Phase II funding will be a portable smart (computer controlled)noninvasive therapy option to help heal wounds in-home or local clinics; especiallyneeded in rural areas where underserved populations have limited access and clinicalgrade treatments are not available. Patients in rural America suffering from diabetic footcomplications (commonly having CLI) are 51% more likely to undergo major amputationand 41% more likely to suffer impatient death. Those that live in poorer regions are 38%more likely to undergo major amputation. AVT's primary objective focuses on increasingpatient compliance while reducing healing time cost and the need for amputation incomparison with commercially available portable alternatives. Given the successfulresults of Phase I and a continued pilot study at a large Midwestern research hospitalAVT believes its Smart PCD can meet this objective.