Soundwave Research Laboratories, Inc, a Massachusetts technology firm, announced today that it is forming a new group - Soundwave Medical - to focus on and commercialize certain of the company's proprietary medical technologies relating to imaging and sensing of diseases of the human body.
According to the company, which manufactures a variety of acoustics and audio products under the brand name "Crowley and Tripp", the decision to create a separate business unit is a natural response to company growth. "The mission has always been to develop proprietary technologies in the acoustics field" said company president Robert J Crowley, a technology inventor with over 100 patents and applications to his name, and who started the firm in 2004. "By our second year of operation we established an internationally known brand, developed a dealer network, introduced six new products in the audio field, and grew sales. Our manufacturing capability is growing, and that can now support a more focused and regulated medical device mission" he said.
Soundwave Research Laboratories, Inc., founded in 2004 by ex-Boston Scientific managers Robert J Crowley and Hugh Tripp, has quicky become the quality leader in a type of professional recording microphones known as Ribbon Microphones. "We are fortunate that professional audio product technologies have been like a warm up, a way to assemble the structure of the company so that all aspects of R&D, intellectual property development, manufacturing, and internal systems are in place to support more rigorous medical manufacturing requirements" remarked co-founder Hugh Tripp, who spent 20 plus years with industry leaders such as Acoustic Research and Boston Scientific and developed several basic medical technologies used today.
Spinoff Soundwave Medical will first focus on ultrasound devices, such as transducers that have also been applied to their microphones, according to the company. At least one ultrasound system has already been built and shipped to a cancer research center, says the company, and further ultrasound work will include a new type of catheter that looks into hearts and is codenamed "3VUS". Other medical device activities have been ongoing, according to Crowley, who has an optimistic view of what's ahead: "I think we've done well to establish ourselves. That's good, but we have to grow, and that means being squarely in high value fields such as cardiology, where the demand for new and better medical technologies is strong".
September 16, 2006
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