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Avery Dennison Licenses Personal Monitoring Technology

June 13, 2011

Partnership struck with Proteus Biomedical

Avery Dennison Medical Solutions is cooperating with Proteus Biomedical, Inc. (Proteus), a leader in intelligent medicine and mobile health products, to focus on patch-based wearable sensors for consumer, home health care and remote medical applications. Financial terms were not disclosed.

Proteus has developed a U.S. FDAcleared and EU CE Mark-certified personal monitoring device for continuous physiologic sensing and monitoring. Proteus and Avery Dennison Medical Solutions have joined forces to reduce cost, enhance wearability and commercialize this advanced platform. Proteus’ personal monitoring technology incorporates multiple sensors to monitor important physiologic parameters of interest to consumers and clinicians, including heart rate, physical activity and sleep patterns. Avery Dennison Medical Solutions is providing adhesive and material technologies and developing the manufacturing platform to mass produce the wearable sensors for the companies’ respective customers.
Proteus’ personal monitoring technology has been licensed non-exclusively by Avery Dennison Medical Solutions for use in health, wellness and remote medical monitoring applications. Avery Dennison Medical Solutions will develop proprietary products that incorporate the Proteus technology. Proteus continues to develop and commercialize its personal monitoring and other intelligent medicine and mobile health products in consumer, medical and pharmaceutical applications.

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