We are on a mission to

Advance neonatal intensive care

The device is not yet authorized for marketing in the U.S or European Union

New standard in neonatal lung monitoring

Neola Medical develops Neola® — Neonatal Lung Analyzer — a class II medical device designed to advance neonatal intensive care. Our mission is to give preterm born babies a safer and stronger start in life by empowering healthcare professionals with non-invasive, continuous lung monitoring that enables instant detection of complications and provides critical insights needed to make life-saving decisions. The goal is earlier intervention, improved outcomes, and a new standard of care for the most fragile patients.

Neola® has the potential to upgrade the care of preterm born babies

  • Unmet Clinical Need – 15 million babies are born preterm each year, with lung complications as a leading cause of mortality and long-term disability.
  • Innovative Technology – Patented GASMAS method developed at Lund University, adapted for safe, non-invasive lung monitoring.
  • Strong Market Potential – Pediatric devices represent an underdeveloped and fast-growing MedTech segment with recurring revenue opportunities from disposable probe sets.
  • Scalable Business Model – Combination of one-time device sales and recurring revenue from single-use disposables ensures strong scalability and predictable revenue streams.
  • Proven Team & Network – Experienced leadership with expertise in MedTech commercialization, supported by collaborations with leading NICUs in Sweden and the U.S.

NEOLA®

Neonatal Lung Analyzer

Recognition from leading experts in neonatology

Neola® has been recognised by leading experts in neonatology at Stanford University as a promising innovation with the potential to upgrade neonatal intensive care from the first day in the clinic. As a result, Neola Medical is one of the few companies that have been selected as a Stanford Impact1 company to receive support from the Stanford Impact1 program.

“I truly appreciate this as a neonatologist, as I frequently encounter cases of pneumothorax where a lung can collapse, and we do not detect it until vital signs begin to change.”

– Dr. Janene H. Fuerch, MD, Co-Director of Impact1, Clinical Associate Professor of Pediatrics, Division of Neonatal and Developmental Medicine at Stanford University School of Medicine, Medical Director, Neonatal ECMO at Stanford Children’s Hospital, Palo Alto, USA

CEO Hanna Sjöström and Dr. Janene H. Fuerch at the Stanford Impact1 CEO Summit 2023, first summit of the Stanford Impact1 program

Investor Presentations

Catch up on Neola Medical’s latest highlights, where CEO Hanna Sjöström shares insights into key milestones and the road ahead.

Redeye Interview Q2 2025 with CEO Hanna Sjöström

In a new interview with Redeye’s Gustaf Meyer, CEO Hanna Sjöström reflects on Q2 achievements and the road ahead. Redeye also provided a research update, raising their fair value range, now with a base case of SEK 3.3 (3.2). Watch the full interview here: Redeye...

Did you miss Neola Medical’s Q2 2025 report presentation?

Catch up on Neola Medical’s Q2 2025 highlights, including the successful enrollment of the first preterm born baby in the clinical pilot study in Sweden and advancing preparations for the pivotal U.S. clinical study. CEO Hanna Sjöström shares insights into these key...

CEO Hanna Sjöström on Clinical and Strategic Milestones – Redeye Interview Q1 2025

Following a strengthened shareholder base and the first baby enrolled in Neola Medical’s Swedish clinical pilot study, CEO Hanna Sjöström joins Redeye to discuss recent milestones and what lies ahead. She shares insights into the company’s clinical progress, recent...

Redeye Interview: Neola Medical Strengthens Ownership Base with Institutional Investors

In an interview with Redeye, CEO Hanna Sjöström, discusses the company’s latest capital raise of approximately SEK 20 million and its significance for the future. For the first time, the company has attracted institutional investors, Cicero Funds and Adrigo Funds,...

Redeye Interview Q4 2024 with CEO Hanna Sjöström

Following the release of Neola Medical’s Q4 2024 report, Redeye Equity Research Analyst Gustaf Meyer interviewed CEO Hanna Sjöström to discuss key takeaways, the company’s progress toward the clinical phase, and the upcoming first clinical study on preterm born babies...

Did you miss Neola Medical’s Q4 2024 report presentation?

Catch up on key insights into Neola Medical’s latest developments as we prepare for clinical studies and continue strengthening our presence in the U.S. market. CEO Hanna Sjöström provides an update on key milestones and strategic progress in the U.S. and looks ahead...

Highlights from Neola Medical’s Presentation at Redeye Technology & Life Science Day

Earlier this week, Neola Medical participated in the Redeye Technology and Life Science Day in Stockholm, showcasing the company’s significant progress and outlining its future plans during an engaging presentation and dynamic Q&A session. Discover deeper insights...

Neola Medical’s presentation at Stora Aktiedagarna in Stockholm

Yesterday CEO Hanna Sjöström showcased Neola Medical’s vision and strategic advancements during the presentation at Stora Aktiedagarna in Stockholm, highlighting the future of neonatal care. The presentation was met with great interest, filling the room with engaged...

Neola Medical: Key Milestones & Future Plans at Redeye Medtech & Diagnostics Event 2024

Did you miss CEO Hanna Sjöström's investor presentation at the Redeye Theme: Medtech & Diagnostics Event 2024? Don’t worry—you can still catch up on all the exciting updates! In her presentation, CEO Hanna Sjöström highlighted Neola Medical’s significant progress...

The Q3 report presentation of 2024!

Watch when CEO Hanna Sjöström and CFO David Folkesson presented Neola Medical’s Q3-report of 2024. Learn more about the company’s financial position and the progress from this quarter, toward market approval in the U.S. After the presentation a brief Q&A follows....

Explore Neola® – Neonatal Lung Analyzer

Hanna Sjöström, CEO of Neola Medical presents our innovative medical device Neola®

Company Milestones

Lung Monitoring with Neola®

Preterm born babies face serious respiratory risks. Early detection can enable better outcomes and save lives.

How Neola® works

Our technology is designed to use safe infrared light to monitor the lungs continuously and non-invasively.

Research & Studies

Our clinical research is rooted in patented GASMAS technology developed at Lund University.

Stay updated on our progress and milestones

Neola Medical is currently in clinical phase with Neola®, undergoing our first clinical study on preterm born babies in Sweden. As the company approaches commercial launch, the focus is on securing market authorization in the U.S., followed by Europe.

Expert insights on our technology

Neola Medical was honored to sponsor a highly anticipated keynote lecture by esteemed U.S. Professor Vineet Bhandari, Division Head of Neonatology at The Children’s Regional Hospital at Cooper, Camden, USA. The keynote lecture was held at the Xth RECENT ADVANCES IN NEONATAL MEDICINE Congress, from October 12-14, 2024, in Würzburg, Germany.

Our story: Advanced technology with a Swedish heritage

Founded in 2016 in Lund, Sweden, with a U.S. office in Palo Alto, Neola Medical builds on Sweden’s historic legacy of medical technology innovation and contributions to global health care.

Sustainability and global health impact

By reducing reliance on invasive procedures, Neola® has the potential to improve patient safety and contribute to the UN Global Agenda 2030 goal of reducing neonatal mortality caused by preventable conditions.

IECEE CB certificate by FORCE Technology

Neola Medical’s medical device for continuous monitoring of the lungs of preterm born infants, Neola®, has obtained a CB certificate, signifying that the product has undergone a rigorous and comprehensive testing and evaluation process at an accredited and independent IECEE testing house, FORCE Technology. The CB certificate is internationally recognized in about 50 countries and will form the basis for meeting the regulatory market requirements.

Certified according to ISO 13485

Neola Medical has undergone an extensive review process of its quality management system with an approved result, which means that the company is certified according to ISO 13485. The certification shows that the company has a well-reviewed and comprehensive quality management system for the development, sale, and fulfillment of regulatory market requirements of medical technology equipment.

Invest in Neola Medical

At Neola Medical, our mission is to provide preterm born babies with a stronger and safer start in life. Through our innovative medical device, Neola®, we aim to advance neonatal intensive care by offering non-invasive, continuous, real-time lung monitoring, with the potential to support proactive care, reduce morbidity and improve quality of life for these vulnerable patients.

"We aim to detect lung complications immediately, giving healthcare professionals the tools they need to make life-saving decisions."

– Hanna Sjöström, CEO Neola Medical