Innovation Zed and SIRMA Medical Systems Announce Global Partnership to Improve Health Outcomes for People with Diabetes
Innovation Zed, an Irish medtech company, today announced the signing of a global partnership and data integration agreement with SIRMA Medical Systems.
As a result of this new partnership the companies will pursue joint efforts to promote and sell their products as a single integrated system to improve health outcomes for people with diabetes.
Innovation Zed, headquartered at NovaUCD, the Centre for New Ventures and Entrepreneurs at University College Dublin, was co-founded by William Cirillo and John Hughes. SIRMA Medical Systems is a division of SIRMA Group, one of the largest privately-owned Bulgarian IT Groups.
Last year Innovation Zed, launched InsulCheck Connect, an insulin pen add-on technology which automatically collects essential usage data that informs insulin pen users of their injection history. When paired with a Bluetooth® enabled device, the end-user can view behavioural analysis on their choice of diabetes management applications.
SIRMA Medical Systems is a leading company in software applications and integrated platforms for e-Health. Its mobile application Diabetes:M is among the most popular applications for both Android and iOS devices, with more than 350,000 installations and 50,000+ active users.
Currently, adherence to insulin therapy is one of the most difficult aspects of diabetes treatment. A simple focus on motivating users to increase adherence to their daily injection schedule can potentially improve their long-term glucose control (HbA1c). Such improvements can assist in reducing the likelihood of developing diabetes related complications.
“Now that our InsulCheck Connect technology is incorporated with the Diabetes:M platform, we can empower existing platform users, and entice new users to adopt this technology ecosystem with aims to improve adherence and their diabetes treatment,” said Dean Minnock, Director of Business Development, Innovation Zed.
“Our products are designed to enable and drive those improvements and combining an advanced data management system such as Diabetes:M platform makes reaching optimum therapy attainable.”
Rossen Varbanov, CEO, SIRMA Medical Systems, said, “This global partnership is yet another cornerstone in our strategy to bring quality diabetes management to a wider audience. Therapy adherence is a serious issue and we are dedicated to making a cumbersome task as easy as it could be. The unique features for insulin pen users in Diabetes:M are designed to both save time and allow them to do things, otherwise only available to pump users.”
“We believe the option to calculate and set reminders for split extended bolus and the automated processes that a Bluetooth® connected pen allows will be of great benefit to owners of Innovation Zed’s InsulCheck Connect.”
Innovation Zed is an Enterprise Ireland high-potential start-up (HPSU) company.
ENDS
18 July 2019
For more information contact Micéal Whelan, Communications and Media Relations Manager, UCD Research and Innovation, t: + 353 1 716 3712, e: miceal.whelan@ucd.ie or Dean Minnock, Director of Business Development, Innovation Zed, e: deanm@innovationzed.com.
Editors Notes
Innovation Zed designs connected health solutions that support drug adherence and Condition Management. As technologies continue to evolve, it opens new and exciting possibilities for connected healthcare to deliver increased freedom and control to patients. That is why Innovation Zed is actively developing and researching new methods to improve drug adherence and enable more personalised condition management. InsulCheck is the direct result of an intensive four-year research and development project in University College Dublin, Sweden and Taiwan. www.innovationzed.com
SIRMA Medical Systems develops software applications aiming to improve the diagnosis and prevention of diseases. The leading product of company is Diabetes:M, a mobile application for iOS and Android, which helps diabetes patients monitor, control and manage their condition and predict changes in the health status. Applications, such as Diabetes:M are incorporated into Sirma’s single, integrated platform to track vital parameters needed by patients and doctors as well as provide clear data visualizations and dashboards for easy use. For more information, please visit the company’s website. www.sirma.com/divisions/sirma-medical-systems
At NovaUCD, the hub for new ventures and entrepreneurs at University College Dublin, we nurture and support new high-tech companies as part of UCD's mission. At NovaUCD we provide purpose-built, state-of-the-art incubation facilities alongside a comprehensive business support programme for client companies such as Innovation Zed. NovaUCD has supported over 360 companies and early-stage ventures. Supported companies have attracted over €760 million of investment and currently employ over 1,040 people directly. NovaUCD has been funded through a unique public-private partnership that includes AIB Bank, Arthur Cox, Deloitte, Enterprise Ireland, Ericsson, Goodbody Stockbrokers, UCD and Xilinx. www.novaucd.ie