Design a logo for a pharmaceutical company

Contest Brief

I am looking for a logo for a pharmaceutical / medical device company, that is developing a pipeline of emergency medicine products that will be delivered via the lungs. The name of the company is Fraser Pharmaceutics, and the tag line is 'Breathing life into emergency medicine'.
I am looking for a logo that integrates the essence of the company using deisg/icons ( ie lungs, micronized powder drug in lungs, emergency medicine, rapid drug absorption via lungs into blood stream) / into the name.
I need to have a colored version (our current color scheme for the company is blue white and red (but not too much red)) as well as a black and white version. and both versions with and without the tag line. I have uploaded a file of a potential design integrating lungs into the name, this is just one idea but please don't be limited by it. Thank you!

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