Entrepreneur Named Finalist in InnovateHER Challenge
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe U.S. Small Business Administration has named an Indiana entrepreneur one of the finalists in the 2016 InnovateHER Business Challenge. Dr. Pu Wang, co-founder of West Lafayette-based Vibronix Inc., was selected for his MarginPAT innovation.
MarginPAT is an intraoperative assessment of breast tumor margin using a photoacoustic/ultrasound imaging system. According to the Vibronix web site, the MarginPAT system provides a shorter procedure time, allowing a surgeon to clear cancer residue after removing a tumor from a breast cancer patient, which reduces the chance for a second surgery.
"SBA Indiana is proud to have a finalist right here in West Lafayette," said Stacey Poynter, director of the SBA Indiana district. "This new precision medicine technology will transform the medical community and promises to be a game changer. There is incredible talent and ability in all 10 finalists and their creativity sends a message that is loud and clear: Entrepreneurship makes anything possible."
Dr. Wang co-founded Vibronix at Purdue University along with Dr. Ji-Xin Cheng. He and the other nine finalists will go to the National InnovateHER: Innovating for Women Business Summit in Washington D.C. in March. There, they will pitch their products and ideas to a panel of expert judges as they compete for the three awards, which total $70,000 in prize money.
The InnovateHER: Innovating for Women Business Challenge is a nationwide business competition to "highlight innovative products and services created and launched by cutting-edge entrepreneurs."