PROLUNG INC

SALT LAKE CITY, UT · CIK 0001541884 · Medtech · Defunct

Extended-release drug delivery system that converts multiple daily doses into single-dose formulations

vgsktechnologies.com →
Grants
—
No SBIR or STTR on record
Sector median: 1
Raised
$2.8M
5 Form D · Dec 2020
70 months since last filing
Contracts
—
No federal contracts on record
Patents
8
2 granted · 6 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$1,000,000
Private capital raisedForm D · SEC$1,256,931
Private capital raisedForm D · SEC$516,055
Private capital raisedForm D · SEC$824,000
Private capital raisedForm D · SEC$182,000
Form D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
1978NGOGGLE, INC.——
1979Bioliberty Ltd—$2.9M
1980TRICORDER ARRAY TECHNOLOGIES, LLC——
1981PROLUNG INC—$2.8M
1982ATILA BIOSYSTEMS, INC.——
1983Spine Align LLC——
1984VERSAGO VASCULAR ACCESS, INC.—$440K

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 23 related persons
  • Wayne AdamsDirector
  • Mark AndersonExecutive Officer
  • Jared BauerExecutive Officer
  • Neil BerkleyDirector
  • Clark CampbellDirector
  • Steven ErorDirector · Executive Officer
  • Michael GarffDirector · Executive Officer
  • Jim HoganDirector
  • Richard McKeownDirector
  • Garff MichaelDirector · Executive Officer
  • Todd MorganDirector
  • David NielsenDirector
  • J NixonDirector
  • J. NixonDirector
  • Jeffrey O'DriscollDirector
  • Don PattersonDirector
  • Robert RaybouldDirector
  • John RuckdeschelDirector
  • Robin SmithDirector
  • Aaron StoutExecutive Officer
  • Treu TimDirector
  • Tim TreuDirector
  • Dennis TulaneDirector

Patents

USPTO · 2 granted of 8
  • Methods, Systems, And Devices For Determining And Maintaining A Consistent Ground And Ground Saturation Resistancegranted
  • Conductivity Compensation Factor For Assessing Bioelectric Measurementsapplication
  • Devices, Systems And Methods For Controlling A Spring Force Exerted On A Sensor For Obtaining Bio-conductance Readings Using A Linear Actuatorapplication
  • Conductivity Compensation Factor For Assessing Bioelectric Measurementsgranted
  • Methods, Systems, And Devices For Incorporating Vibration Therapy And Vibration Feedback Into A Bioelectric Test Probeapplication
  • Methods, Systems, And Devices For Controlling Temperature In A Bioelectric Measurement Systemapplication
  • Maintaining Surface Moisture To Aid In Acquiring A Consistent Ground During Bio-conductance Testingapplication
  • Probe Having Multiple Tips And An Indicator For Obtaining Bioelectrical Signalsapplication

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.