5 of 6
BACKNEXT
Aiming for investors' hearts - and patients'
HeartSounds
Chicago

Last year, HeartSounds captivated the judges with its FetalPATCH system, a wireless digital heart monitor that could detect fetal heartbeats in multiple-gestation pregnancies. But the company has since changed course, chasing a larger, more lucrative market: cardiology devices.

In about six months HeartSounds will complete its first prototype: a non-invasive apparatus that will allow ICU personnel and other medical professionals to easily detect a patient's pulmonary arterial pressure. That metric allows medical professionals to better determine how to treat a patient in shock.

"Right now the only way to measure that is to insert a catheter into someone's heart. That's quite a dangerous procedure," says founder Matthew Norris. The company, which recently partnered with a Chicago product-development firm, hopes to attract VC funding before starting the FDA approval process next year.

NEXT: A solar venture heats up

LAST UPDATE: Apr 15 2009 | 9:06 AM ET
Sponsored by
Meet the competitors Dozens of aspiring entrepreneurs will vie for a share of $800,000 in seed money at this month's Rice Business Plan Competition. More
7 business plan superstars After winning competitions with their business plans, these 7 ventures turned their paper visions into thriving companies. More
10 steps to catch VC cash Follow our 10-point guide to landing the right investors. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.