Sommetrics, which develops products to treat obstructive sleep apnea (OSA), has been selected to participate in the annual Red Herring Top 100 competition in Los Angeles on May 15, 2019. Sommetrics was selected based on a vetting process that evaluates a number of factors that identify companies with fast growth potential in large, established markets. The Top 100 competition is an annual event in the Americas, Europe, and Asia.
“We are honored to be selected for this prestigious competition,” says Walter Flicker, the Sommetrics vice president of special projects, in a release. “Not only does this recognize the remarkable progress we’ve made in establishing our aerSleep product as a new treatment option for obstructive sleep apnea, but it provides a forum for networking with entrepreneurs and investors interested in expanding treatment options for the hundreds of millions of sleep apnea sufferers worldwide. We are excited about the opportunity to highlight our aerSleep system in this forum.”
The aerSleep system consists of a silicone collar fitted on the front of the neck, which holds the airway open via the application of mild external negative pressure delivered by an integrated vacuum pump. An earlier version of aerSleep has previously received market clearance from Health Canada.