Previously doing business a OtoMetrix Medical Technologies, Inc., the firm changed its name to OtoNexus Medical Technologies, Inc. in July 2014. The firm is organized around development and commercialization of ultrasound medical devices that diagnose middle ear infections in children and adults. Using air-coupled ultrasound technology, the firm's device provide the data physicians need to instantly and accurately assess middle ear infections, and in particular to differentiate when and when not to prescribe antibiotics. The firm's Doppler ultrasound medical device to rapidly and accurately diagnose middle ear infections, called Otitis Media (OM), in children and adults. Otitis Media is the #1 reason for antibiotics prescriptions in children and the #1 cause for surgery in children. The firm's handheld device is designed to quickly and accurately detect both the presence and the type of fluid behind the eardrum in a second or less, providing, for the first time, objective, definitive diagnostic data, leading to increased accuracy, earlier and better treatment, reduced antibiotic use, and reduced healthcare costs.
