MediPines

MediPines

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Private Company

Total funding raised: $10M

Overview

MediPines, founded in 2014, is a commercial-stage diagnostics company addressing a critical gap in emergency and acute care: the rapid, non-invasive assessment of respiratory impairment. Its AGM100® device delivers actionable data on oxygenation, ventilation, and gas exchange in under two minutes, supporting faster clinical decisions and potentially reducing unnecessary tests and admissions. The company has achieved significant commercial milestones, including a dedicated CPT reimbursement code, positioning it for growth in the expansive respiratory diagnostics market.

RespiratoryCardiovascular

Technology Platform

Non-invasive point-of-care device (AGM100®) that uses advanced sensors and computational algorithms to measure oxygenation, ventilation, and gas exchange efficiency in a single breathing session, providing data comparable to invasive arterial blood gas analysis.

Funding History

2
Total raised:$10M
Series A$8M
Seed$2M

Opportunities

The recent establishment of a dedicated CPT reimbursement code for the AGM100® significantly lowers the adoption barrier for hospitals and creates a predictable revenue model.
There is a large, addressable market in emergency and acute care settings driven by the need to reduce diagnostic uncertainty, lower costs from unnecessary tests and admissions, and improve patient throughput.

Risk Factors

Commercial success depends on changing established clinical workflows in hospitals, which can have long sales cycles and require significant education.
The company faces competition from both standard diagnostic procedures and other emerging monitoring technologies, necessitating continuous demonstration of superior clinical utility and cost-effectiveness.

Competitive Landscape

MediPines competes with the entrenched standard of care, which includes serial testing with pulse oximetry, arterial blood gas (ABG) analyzers, chest X-rays, and CT scans. It also faces competition from other non-invasive monitoring devices and multi-parameter vital signs monitors. Its key differentiation is the specific, non-invasive quantification of gas exchange impairment—a parameter traditionally requiring invasive ABG—delivered rapidly at the point of care.