For the last 30 years, SP Investment Fund and its affiliates have successfully acquired, developed and/or redeveloped affordable housing properties that are restricted to occupancy by and affordable to low and very low-income seniors, families and disabled individuals. SP Investment Fund has also broadened the scope of its investments to include health sciences and biotechnology startups like Allotrope Medical.
Backed by Y-Combinator, Allotrope Medical is a Houston-based medical-device company that aims to minimize injuries to the ureter during surgery. The company developed a low-powered electrical-stimulation technology to generate visible contractions in the ureter and other smooth-muscle structures when a patient undergoes invasive or robotic surgery. Allotrope has customized electrodes that are suitable to endoscopic, laparoscopic, and robotic surgical procedures.
Additionally, Allotrope’s tissue-stimulation applications can be attached to a medicinal capsule as an ingestible device that can monitor and stimulate digestive movements in the gastrointestinal system.
Allotrope is currently conducting an active clinical trial in Dallas and getting ready to put its product on the market by the end of 2019.
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