Mendor

Mendor is a diabetes technology company from Helsinki, Finland.

Mendor was founded by Jukka Planman, Tuomas Planman and Kristian Ranta - currently also the CEO of Mendor - ^{[1] [2]}.

Mendor Board of Directors includes people such as: Chairman Matti Vaheri (former president of Orion Diagnostica and Senior Vice President at Orion Corporation). ^[3]

The company is currently selling its products (Discreet and Balance); a discreet glucose meter and an online software application for measurement data analysis, in European Union region.

Mendor Discreet has been referred to as the iPhone of glucose meters. ^{[4] [5]} Diabetes Mine reviewed a pre-release model of their Portable All-In-One Glucose meter and gave it "high marks on form factor and user-friendliness," adding that "but there are limits to the innovation here".^[6]. Just recently Mendor Discreet blood glucose meter was reviewed at Health Central ^[7] by long time Diabetes industry professional - David Mendosa [1] with great feedback.

Tech Tour, a European wide, independent non-profit organization committed to the development of emerging technology companies, recently selected Mendor as one of the top 30 most promising high growth Nordic technology companies.^[8] Mendor was also granted the Innosuomi / Uusimaa award in 2010 ^[9].

Mendor products are currently available in the European Union and Mendor is planning to do a product launch in the US during 2011. ^[10]

Mendor headquarter is located in the business district of Keilaniemi in Espoo, Finland.

Mendor is a portfolio company of Finnish early stage venture capital fund - Veraventure and was recently voted as the most attractive company for venture capital investment among all the Finnish start-up companies.^[11]

History

After a successful entry in a national business plan competition, Venture Cup, the core team decided to found the company in December 2005. User driven product development was started immediately and also several patent applications got filed during the next months. After some time a well known Finnish diabetes professional and researcher, Doctor Antti Virkamäki ^[12] joined the Mendor team adding significant clinical experience.^{[13] [14]}

A well known Finnish business executive, Mr Olli Riikkala is an advisor to the board of directors at Mendor. Olli was formerly the CEO of Instrumentarium when it was acquired by GE Healthcare ^[15] in one of the largest acquisitions of 2002. ^[16]

References

1. ^ Kauppalehti - http://www.kauppalehti.fi/5/i/yritykset/yritysuutiset/?oid=2010061751
2. ^ Medgadget - http://medgadget.com/archives/2010/03/mendor_portable_blood_glucose_meter_announced.html
3. ^ The Pharma Letter - http://www.thepharmaletter.com/file/69082/new-president-at-orion-diagnostica-.html
4. ^ Kauppalehti - http://www.kauppalehti.fi/5/i/yritykset/yritysuutiset/?oid=2010061751
5. ^ Medgadget - http://medgadget.com/archives/2010/03/mendor_portable_blood_glucose_meter_announced.html
6. ^ Diabetes Mine - http://www.diabetesmine.com/2010/03/new-cellphone-like-all-in-one-glucose-meter-from-finland.html
7. ^ HealthCentral - http://www.healthcentral.com/diabetes/c/17/128794/integrated-testing
8. ^ PRNewswire - http://www.prnewswire.com/news-releases/european-tech-tour-names-nordics-most-promising-high-growth-technology-companies-selected-companies-stand-to-benefit-from-10-billion-in-investment-capital-96372779.html
9. ^ Biobusiness.fi - http://www.biobusiness.fi/portal/news/news?bid=328
10. ^ Dlife - http://www.dlife.com/diabetes-news/content/mendor-%E2%80%93-revolutionary-all-one-blood-glucose-meter
11. ^ Technopolis Online - http://www.technopolisonline.com/?article_id=19408&blogPage_id=613&showPage=true
12. ^ Mediuutiset - http://www.mediuutiset.fi/satavaikuttajaa/article356001.ece
13. ^ Kauppalehti - http://www.kauppalehti.fi/5/i/yritykset/yritysuutiset/?oid=2010061751
14. ^ Medgadget - http://medgadget.com/archives/2010/03/mendor_portable_blood_glucose_meter_announced.html
15. ^ Yahoo Finance - http://biz.yahoo.com/ic/48/48087.html
16. ^ In Vivo - http://sis.windhover.com/buy/abstract.php?id=2003800011

External links

• Official Mendor website