HD+ Scores $50 Million

PORTLAND, Ore. — Home Dialysis Plus, which is working on a
portable dialysis device for home use, has gotten a $50 million
boost from private equity firm Warburg Pincus to complete
development and begin marketing, according to a report from Oregonlive.com.

Last fall, the company said it would use Hewlett Packard’s
inkjet technology in the dialysis machine’s proportioning system to
mix the correct amount of water and concentrated dialysate (a salt
and electrolyte solution) in real time, and pump the dialysis
solution into the dialyzer. The HP technology was originally
developed to mix and apply different colored inks.

HD+ said its new device will offer a slower and more accurate
dialysis treatment, which used overnight, is more in tune with
the body’s natural biological processes versus visits to a dialysis
center three times a week.

Founded by former Lockheed Martin and GE Medical vice president
Michael Baker, HD+ focuses on home treatment options for patients
with end-stage renal disease.

According to the June 15 report, Baker said the timeline for the
new home dialysis device “is not years out.”