Paragit Solutions

About:

Paragit Solutions develops systems for improving care and diagnosis of movement disorders.

Website: https://www.paragit.com/

Top Investors: Innovation Fund Denmark, EIT Health, BioInnovation Institute, MassChallenge Switzerland

Description:

Paragit Solutions develops novel systems for implementing remote patient monitoring and data-driven clinical disease management within movement disorders. The Paragit Sleeve uses a patented sEMG (electromyography) system to collect highly sensitive and stable data on muscle activation, movement, and grip force from patients during daily life. The company offers 2 software suites to interpret the data: 1) The PD Monitor is developed for caregivers to implement data-driven disease management within Parkinson's disease. The program offers a full overview of the most prevalent motor symptoms including rigidity, tremor, bradykinesia, and treatment-induced dyskinesia. Based on the easy-interpretable visualizations, caregivers can optimize treatment and implement telemedicine. 2) MD Lab is developed for decentralized clinical trials within any movement disorder with symptoms related to muscle function and movement. The software is optimized to explore correlations, compare groups/individuals, and track trends consistently across investigations sites and patients. The user is presented with unique insights into +20 metrics related to disease severity of movement disorders and a powerful API allows easy access to data for further analysis.

Total Funding Amount:

2M EUR

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Frederiksberg, Hovedstaden, Denmark

Founded Date:

2018-01-01

Contact Email:

contact(AT)paragit.com

Founders:

Arvan Vali Maani, Li Ren Ou, Mohammad Filfil

Number of Employees:

1-10

Last Funding Date:

2022-06-01

IPO Status:

Private

Industries:

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