Oleander Medical Technologies

Overview
Next-gen Medical Devices?
Product stageSegments
Minimum Viable Product
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Other non-surgical devices
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Oleander Medical Technologies is developing a novel cancer treatment called Targeted Osmotic Lysis (TOL). This innovative approach aims to destroy invasive and deadly cancers by exploiting a unique characteristic of malignant cancer cells. The technology, developed by Dr. Dennis Paul and Dr. Harry Gould of Louisiana State University, takes advantage of the fact that advanced-stage cancer cells express 10 to 50 times more sodium channels in their cell membranes compared to normal cells. The TOL process involves stimulating these channels to open, allowing large amounts of sodium to enter while blocking the mechanism that expels excess ions. This causes cancer cells to burst while leaving healthy cells unharmed. The treatment utilizes a combination of a generic heart medication, digoxin, and a new device that produces a pulsed electric field. Oleander Medical Technologies positions TOL as a potential solution for cancer cases that are beyond the reach of current conventional treatments, with the aim of saving hundreds of thousands of lives annually.


Sources

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HQ location:
40 East Parker Center Baton Rouge LA USA
Founded year:
1998
Employees:
1-10
IPO status:
Private
Total funding:
USD 5.1 mn
Last Funding:
USD 500.0 k (Undisclosed; Jul 2024)
Last valuation:
USD 34.4 mn (Jan 2015)
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