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SCRA puts $250,000 into Columbia life science company

Ross Norton //May 29, 2024//

Javon Jones, SCRA investment associate; Amanda Clark, founder and CEO of PulManage; and Mitch Smith, SCRA senior investment manager, celebrate SCRA’s investment in the company. (Photo/SCRA).

Javon Jones, SCRA investment associate; Amanda Clark, founder and CEO of PulManage; and Mitch Smith, SCRA senior investment manager, celebrate SCRA’s investment in the company. (Photo/SCRA).

Javon Jones, SCRA investment associate; Amanda Clark, founder and CEO of PulManage; and Mitch Smith, SCRA senior investment manager, celebrate SCRA’s investment in the company. (Photo/SCRA).

Javon Jones, SCRA investment associate; Amanda Clark, founder and CEO of PulManage; and Mitch Smith, SCRA senior investment manager, celebrate SCRA’s investment in the company. (Photo/SCRA).

SCRA puts $250,000 into Columbia life science company

Ross Norton //May 29, 2024//

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South Carolina Research Authority’s investment affiliate, SC Launch Inc., has invested $250,000 in PulManage, a Columbia-based company that provides testing and remote monitoring for patients with lung disease.

PulManage Inc., became an SCRA member company in 2019 and successfully matured through the SC Launch Program, according to an SCRA news release. It received two $25,000 Project Development Fund Grants, a $50,000 Acceleration Grant, and a $50,000 COVID-19 Response Grant. With this investment, it became an SC Launch Inc. portfolio company.

The PulManage platform can confirm diagnosis and enhance care management by remotely connecting patients with their health care providers, according to the release. The company’s mission is to improve the management of chronic lung diseases such as COPD, cystic fibrosis and asthma. The platform includes patient-facing mobile apps with real-time feedback through an online dashboard for researchers and clinicians.

“Not only does the app monitor and record lung function, it’s also improving testing and preventing confusion and misdiagnosis,” said SC Launch Inc. Executive Director Matt Bell, in the release. “This means better care and getting care sooner for patients with lung conditions.”

PulManage CEO and founder Amanda Clark said SCRA has been important to the company’s development.

Related: Chapin-based startup offers remote monitoring for lung disease patients

“From the beginning, SCRA’s SC Launch Program team has believed in our mission and supported our growth,” she said in the release. “We would not be where we are today without their support, positioning us to revolutionize how we care for chronic lung disease. We value our long-standing partnership with SCRA and SC Launch Inc.”

PulManage recently received an exclusive invitation from Amazon Web Services Life Sciences to represent their product as part of the health care solutions at the Annual Summit with national and international stakeholders in the digital health, AI, and drug discovery sectors. They will also attend the International BIO convention as part of the South Carolina delegation in San Diego to meet with prospective partners and share more about the platform.

“We work every day to move innovation forward, and when the innovation is life-sustaining and lifesaving, we are more honored to support our state’s innovators,” SCRA President and CEO Bob Quinn said in the release. “We are proud of PulManage’s growth and promising future to help even more patients.”

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