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Home > About BNE > Press Room > 2011 Archive > February > Academic-industry collaboration behind growth of medical device company Academic-industry collaboration behind growth of medical device companyUB REPORTER By CHARLOTTE HSU Published: February 17, 2011 The success of Buffalo-based Medical Acoustics, a medical device company expecting to turn a profit for the first time in 2011, exemplifies how partnerships with universities like UB can help businesses bring new products to market. Medical Acoustics distributes the Lung Flute, a hand-held device that employs sound waves to break up mucus in the lungs of patients suffering from respiratory illnesses, including emphysema and chronic bronchitis. Patients use the apparatus—a hollow tube with a reed inside—by simply exhaling into it. The Lung Flute has received national attention, appearing in Popular Science magazine’s list of the top 100 innovations of 2009. The product also landed on national TV in 2010, starring in a segment of “The Doctors” titled “How to Get it Out.” Medical Acoustics, which has partnered with UB for years on research and development, began shipping orders to the U.S. hospital market in November. The firm also has contracted with distributors to sell the Lung Flute in the European Union and Asia. The company, located in the Innovation Center on the Buffalo Niagara Medical Campus, has 12 employees, nine of whom are full-time. Manufacturing also is local, with Polymer Conversions in Orchard Park producing the Lung Flute. Over the years, UB’s support has been instrumental in helping Medical Acoustics commercialize the Lung Flute, says company CEO Frank Codella. Since its founding in 2002, the firm has taken advantage of university resources ranging from financial support to help with clinical trials. Collaborations between Medical Acoustics and UB include the following: Technology and Innovation (NYSTAR), assisted Medical Acoustics with federal grant submissions in 2007 and provided the company with $50,000 in the 2009-10 fiscal year to ready the Lung Flute for its commercial launch in the hospital market. This fiscal year, the UB CAT supported the company with another $60,000 to fund Sethi’s research. Sethi says the university’s partnership with Medical Acoustics demonstrates how valuable a research institution can be to industry. Both he and Codella take particular pride in the fact that their work is contributing to the growth of Western New York’s innovation economy. “It’s something everyone’s so conscious of—the need to create employment opportunities here,” Codella says. “When you can create a business and create good jobs, there’s a real sense of accomplishment.” “Fueling university-industry partnerships leading to job growth for life sciences companies in New York state is the primary mission of the UB CAT program,” says Marnie LaVigne, director of business development for UB’s New York State Center of Excellence in Bioinformatics and Life Sciences and the UB CAT. “The collaboration among the UB CAT, Dr. Sethi and Medical Acoustics is a great example of leveraging university assets to bring a life sciences product to the market, leading to new jobs for our region.” |