LifeX Labs welcomes new portfolio company, LeanMed LLC into Incubator program

PITTSBURGH, PA (PittsburghNewsWire.com) — LifeX Labs is delighted to announce a new portfolio company, LeanMed LLC, will be joining its Incubator program this week. LeanMed is a medical device company dedicated to bringing essential treatment to remote, underserved regions through innovative technologies. Their first product, the O2 CUBE, delivers vital supplemental oxygen to patients in rural health clinics throughout developing nations.

 

The LifeX Incubator program serves as a springboard for transformational startup companies in Pittsburgh and the surrounding regions through a series of curated services, affordable office and lab space, and invaluable industry and investor networks to launch and grow new ventures.

 

“We are looking forward to having LeanMed join our ever-growing ecosystem. They are doing extremely important technological work with an even more powerful humanitarian cause behind it, and we are going to help them succeed in bringing supplemental oxygen to developing nations that need it,” said Evan Facher, interim CEO of LifeX Labs.

 

“Almost a million children every year die from pneumonia in low- and middle-income nations,” said Mark Adkins, CEO of LeanMed. “LeanMed’s primary effort is to help children under the age of 5 get the supplemental oxygen they need when fighting pneumonia, so they recover instead of dying.”

 

With COVID-19 also being a respiratory infection, it has brought to light the need for supplemental oxygen to be accessible for everyone, especially people in developing nations.

 

“LifeX has a tremendous staff of expertise in the areas of marketing communications, business development, regulatory, and really is going to help us go to the next level”, said Adkins.

 

LifeX Labs strives to grow and develop life sciences startups in Pittsburgh, PA.  We offer an Incubator, Accelerator, and community resources to help new life sciences companies thrive. We give entrepreneurs a single point of access to the entrepreneurial resources and activities of the southwestern Pennsylvania life sciences ecosystem. LifeX Labs is driven to take the incredible innovation in our region from the benchtop to bedside, attracting capital, corporate partners, and talent, building Pittsburgh into a regional hub of life sciences startup activity.