LifeCan Medical

Automatic Ventilation Device

Health Tech & Life Sciences
Non Active, Aug 2021 ceased to operate

Company Overview

Snapshot

Founded in March 2020 by Ariel Shrem, LifeCan Medical operates with 1–10 employees. The company developed an automatic ventilation device and in April 2020, Elbit Systems announced plans to produce LifeCan Medical ventilators.

Business overview

LifeCan Medical develops an automatic ventilation device designed to convert standard manual BVM respirators into automated ventilators. This low-cost, easy-to-use device provides stable and accurate ventilation for extended periods, serving critical needs in hospital emergency preparedness, prehospital medicine, patient transfers within hospitals, and in least developed countries lacking automated respirators. The company operates within the Health Tech & Life Sciences sector, specifically focusing on medical devices, and targets healthcare providers, military, and emergency response services.

Strategic signal

In April 2020, Elbit Systems announced its intention to produce LifeCan Medical's ventilators. This collaboration with a major defense and electronics company signaled significant validation for LifeCan Medical's technology and its potential for rapid scaling and deployment, particularly during a period of heightened global demand for ventilation solutions.

Company Intelligence Q&A

What is LifeCan Medical's primary product?
LifeCan Medical has developed a device that converts a standard manual BVM respirator into an automated ventilator, providing stable and accurate ventilation according to predefined parameters.
When was LifeCan Medical founded?
LifeCan Medical was founded in March 2020.
Who are the founders of LifeCan Medical?
Ariel Shrem is a co-founder and Co-CEO of LifeCan Medical.
Which company announced plans to produce LifeCan Medical's ventilators?
In April 2020, Elbit Systems announced plans to produce LifeCan Medical ventilators.
What markets does LifeCan Medical's device serve?
The LifeCan device is designed for use in hospital emergency preparedness programs, prehospital medicine (e.g., military and emergency services), for transferring ventilated patients between hospital departments, and in least developed countries lacking automated respirators.

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