Perceptive Navigation, LLC, a medical device company developing minimally-invasive, image-guidance solutions for the areas of cardiology, emergency medicine, and interventional radiology, announced today that it has been awarded a Phase IIB Small Business Innovation Research (SBIR) grant by the National Heart, Lung, and Blood Institute (NHLBI) of the National Institutes of Health (NIH). The award provides up to $3 million in funding to complete the product development and clinical work required to commercialize Perceptive's first product, the Vu-PathTM Ultrasound System. This award comes as Perceptive completes work on a $1.4 million Phase II award from the NHLBI.
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