EpiWatch Closes Financing Round

EpiWatch, a Baltimore, MD-based digital health company focused on epilepsy, closed its latest financing round of undisclosed amount.

The backers were not disclosed.

The company intends to use the funds to complete the clinical validation of its innovative tonic-clonic epileptic seizure detection and alerting software as a medical device to be offered initially on the Apple watch

Led by Dean Papadopoulos, CEO, and Michael Singer, Executive Chairman, EpiWatch deliveres innovative and integrated services for people with epilepsy safe; enable them, their caregivers, and their physicians to better manage their condition. EpiWatch will connect people with epilepsy, caregivers, physicians, and researchers in a community working together to advance research, optimize care, and improve outcomes. The company is initially developing a proprietary capability to detect and alert for potentially dangerous tonic-clonic (grand mal) seizures. The company was founded by Nathan Crone, M.D. and Gregory Kraus, M.D., Professors of Neurology and epileptologists at the Johns Hopkins University School of Medicine, and uses technology licensed from Johns Hopkins University.

Concurrent with the financing close, EpiWatch announced the following three additions to its Board of Directors:

Daniel F. Hanley Jr., MD – Dan is Professor of Neurology, Neurosurgery, and Anesthesiology/Critical Care Medicine at the Johns Hopkins University School of Medicine, and Founder and Director of the Division of Brain Injury Outcomes (BIOS) at Johns Hopkins Medicine. He brings 35 years of experience in clinical trial design, organization and interpretation of drug and device trials; development of strategic research plans; and FDA regulatory compliance.

Richard C. Schmitt – Dick brings a long career in higher education administration, executive search, and coaching. Early in his career, Dick was an assistant dean at the Stern School of Business at New York University. Dick has two decades of experience in executive search, most recently as Managing Director, Europe for A. T. Kearney Executive Search based in Brussels. He has also served on 10 boards. Dick has an MBA from the Tuck School and remains very active in alumni affairs at Tuck.

Richard W. Thomas, MD, DDS, and Major General, U.S. Army (Retired) – Tom was most recently the President of the Uniformed Services University and Director, Healthcare Operations and Chief Medical Officer, Defense Health Agency (DHA). Tom brings expertise as a senior healthcare executive, academic leader, and University president as well as extensive leadership and personnel management experience in policy development, healthcare operations, academic systems, and strategic planning.

FinSMEs

12/04/2022