Kalyspo aims to commercialize technology by year-end

Kalyspo, the bio-tech startup and University of Michigan spin out, is well on its way to commercializing its surgical instrument tracking technology. The Ann Arbor-based company’s technology helps prevent medical professionals from leaving foreign objects (think surgical tools like sponges) in patients during an operation. It accomplishes this by inserting a micro-machined tag that shows up clearly on x-rays and computer software. The technology is so advanced that it scores highly on both the sensitivity and specificity scales for finding these sorts of items. "This is one of the best (detection rates) I have ever seen," says Dr. Theodore Marentis, co-founder of Kalyspo. The 1-year-old startup employs a team of four employees, two interns and two independent contractors. It also won the Best of Boot Camp award at the Ann Arbor SPARK Entrepreneur Boot Camp. Dr. Marentis expects to commercialize this technology before the end of the year. He says the company is in discussion with a couple of hospitals which could become potential customers, and it is looking to create other types of revenue streams. "We're talking to a number of manufacturers about adding them to their product line," he says. Source: Dr. Theodore Marentis, co-founder of Kalyspo Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.