Quantum Medical Concepts holds a portfolio of four Michigan-based early stage medical technology companies

Quantum Medical Concepts is supporting the health care technology of the future through investments of up to $150,000 each in four medical technology companies. QMC's Michigan-based portfolio consists of Advanced Amputee Solutions, Brio Device, SteriDev and TheraB Medical Products, all of which are in the critical early stages of product development.

Through the joint efforts of the Michigan State Medical Society and Common Wealth Enterprises, Quantum Medical Concepts provides both intellectual and business management support. Through this partnership, QMC provides early-stage investment funding to Michigan companies in the medical sector. In addition to investments, QMC provides access to more than 15,000 medical professionals, which helps to quickly identify and support medical products and companies that have a high likelihood of success.

"As health care reform changes the way we pay for medical products and services, physicians and health professionals are key to the fundamental transformation and new opportunities," Benjamin Louagie, managing director of Quantum Medical Concepts, said. "Large medical technology firms have reduced their research and development efforts while partnering with smaller medical companies. These shifts favor smaller, more agile companies to design new solutions to fill these openings."

Each venture in QMC's portfolio has an established mission and is early in its product development stage. Advanced Amputee Solutions uses a polymer-based cushioning device, Cushioning Implantable End Pad, to eliminate pain and discomfort for the estimated 2 million Americans with an amputated limb. Brio Device provides a suite of products to guide planned and emergent intubations. Brio Device products enhance steering, visualization, recognition and verification -- four elements critical to intubation success. SteriDev allows surgeons to safely use mobile devices in the surgical field. The ability to safely use mobile devices will allow for the use of medical mobile applications and the ability to capture media used to educate other surgeons. TheraB Medical Products revolutionizes treatment of newborn jaundice by creating a swaddle that provides the blue light needed for newborns to breakdown bilirubin molecules while the liver develops.

All four Michigan-based medical sector startups have a fundamental mission and product development basis. Quantum is working to provide the resources needed to make reach possible for these types of companies.

"Doctors have access to patients and understand clinical issues more than anyone else," Louagie said. "They live a world of market opportunity, and also have core entrepreneurial skills. Doctors know how to question, observe, connect and associate. Quantum can apply these factors to help advance medical startups. With this support, our portfolio companies will then be able to launch products that will enhance our physicians' practices. It all comes full circle."

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Quantum Medical Concepts is a partnership of the Michigan State Medical Society and Common Wealth Enterprises. Through this partnership Quantum provides early-stage investment funding to Michigan companies in the medical sector. In addition to investing in startup funding, Quantum provides access to more than 15,000 medical professionals and active management support for our portfolio companies. For more information, please visit quantummedicalconcepts.com.