September 4, 2018
Deep Blue Secures $295K
Medical device startup Deep Blue Medical Advances has raised $295,000 in a debt round, adding to their $517,000 secured in January.
Deep Blue is a start-up company founded in 2014 by a Duke plastic surgeon, Howard Levinson, MD.
The company has been advancing a hernia mesh with enhanced anchoring strength to resist wounds from gapping and bursting open, as well as a suture anchoring device to overcome large suture knots associated with wide sutures. In separate efforts, Dr. Levinson is working on additional translational projects including an anti-biofouling Foley catheter, a non-invasive light imaging technology to diagnose skin disorders, and tissue-engineered skin that resists contraction.
“I have worked closely with Duke OTC to protect intellectual property, navigate entrepreneurial activities, and to raise non-dilutive grant funds to advance ideas. Duke OTC’s support has been critical to our success and is a clear distinguishing factor between Duke University and its existing peer institutes.” –Howard Levinson, MD, Associate Professor of Surgery, School of Medicine