Biotech breakthrough: Firm aims to lessen time analyzing blood - The Daily Progress: Business

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Biotech breakthrough: Firm aims to lessen time analyzing blood

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Posted: Sunday, June 19, 2011 7:42 pm | Updated: 1:57 pm, Wed Jan 23, 2013.

William Walker, president of HemoSonics LLC, believes his Charlottesville-based medical device startup could bring substantial improvements to the way physicians analyze the balance between bleeding and clotting. When it goes awry, that balance can result in such leading causes of death as heart attack, stroke, pulmonary embolism or excessive bleeding.

The prevailing method of such analysis, known as thromboelastography, or TEG, was invented in 1948 and is a mechanical process that can be difficult to use and difficult to interpret, Walker said.

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