ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Thomas Jefferson University and Sempresto, Inc. Announce Exclusive, Worldwide Licensing Agreement for Innovative Smartphone-Integrated Epinephrine Autoinjector

Thomas Jefferson University and Sempresto, Inc. are pleased to announce an exclusive licensing agreement for a novel epinephrine autoinjector designed to improve accessibility and ease of use for patients with severe allergies. This breakthrough device, originally developed at Jefferson, will be further advanced and commercialized by Sempresto under the agreement.

Sempresto, Inc., co-founded by Shawn Marcell, Executive Chairman and a veteran entrepreneur with a history of raising over $400 million for private and public ventures, and Elizabeth Reczek, PhD, Chief Executive Officer, a biotech and medical device leader with broad expertise in transforming cutting edge technologies into real-world solutions, is dedicated to bringing this life-saving innovation to market.

At the core of this advancement is groundbreaking technology invented by Edmund Pribitkin, MD, MBA, FACS, Chief Physician Executive and EVP at Jefferson Health, and Professor in the Department of Otolaryngology-Head & Neck Surgery. Dr. Pribitkin, who will serve as the Chair of Sempresto’s Scientific Advisory Board, developed the smartphone-integrated autoinjector to address a critical gap in the administration of epinephrine for severe allergy patients.

Despite the proven benefits of early epinephrine administration in reducing hospitalizations and improving survival rates, nearly two-thirds of severe allergy patients arriving at the Emergency Department have not received epinephrine prior to arrival. This is often due to the bulkiness and inconvenience of traditional autoinjectors, which patients may forget or leave behind.

Sempresto’s solution is a slim, easy-to-carry epinephrine autoinjector that seamlessly attaches to any smartphone case. This innovative design aims to eliminate common barriers to epinephrine use and is poised to become the preferred choice over current alternatives.

"Our goal is to ensure that no patient ever finds themselves without access to epinephrine in a moment of need," said Dr. Pribitkin. "This sleek and convenient design has the potential to redefine emergency preparedness for severe allergy sufferers."

With a strong intellectual property foundation, including several issued patents, and a well-established regulatory pathway, Sempresto is positioned for success as it seeks partnerships to bring this life-saving technology to market.

About Thomas Jefferson University

Thomas Jefferson University, located in Philadelphia, is a nationally recognized academic institution committed to excellence in education, research, and healthcare innovation. With a rich history dating back to 1824, Jefferson integrates interdisciplinary collaboration across its colleges, including its renowned Sidney Kimmel Medical College, and fosters breakthroughs in medical and technological advancements. The university’s dedication to translational research has led to the development of innovative solutions that improve patient care and public health outcomes worldwide.

About Sempresto, Inc.

Sempresto, Inc. is a medical device company focused on developing innovative solutions that enhance patient access to life-saving treatments. Led by an experienced team of biotech and medical technology experts, Sempresto is committed to advancing novel drug delivery systems that integrate seamlessly into everyday life. The company’s flagship product, a smartphone-integrated epinephrine autoinjector, represents a transformative step forward in emergency preparedness for severe allergy sufferers.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  248.40
+3.99 (1.63%)
AAPL  269.43
+0.96 (0.36%)
AMD  243.98
+10.44 (4.47%)
BAC  53.42
+0.22 (0.41%)
GOOG  290.59
+10.89 (3.89%)
META  631.76
+10.05 (1.62%)
MSFT  506.00
+9.18 (1.85%)
NVDA  199.05
+10.90 (5.79%)
ORCL  240.83
+1.57 (0.66%)
TSLA  445.23
+15.71 (3.66%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.