BioCrossroads Names Competition Finalists

Posted: Updated:
The winners will be announced at this year's Indiana Life Sciences Summit. (photo courtesy of BioCrossroads.) The winners will be announced at this year's Indiana Life Sciences Summit. (photo courtesy of BioCrossroads.)
INDIANAPOLIS -

BioCrossroads has announced the finalists for its annual New Venture Competition and the inaugural digital health competition known as the Indiana Inject Tech Challenge. The state's life sciences initiative says the winners of both events will be announced at the 2018 Indiana Life Sciences Summit next month.

The finalists in the New Venture Competition are competing for a total of $50,000 in cash. The competition is open to life sciences and health information technology companies in Indiana. The winner will also have access to the Indiana Seed Fund staff and resource network that can provide business planning and early-stage strategic support.

The five finalists include:

  • Predictive Wear:  Creates an easy to use, smart compression sock to aid in the elimination of medical complications such as venous ulceration and deep vein thrombosis. Capable of monitoring the patient’s progress and detecting complications in real time, Predictive Wear incorporates data, analytics, and sensors to improve patient outcomes. (Purdue University)
  • SalvePeds:  An early-stage pharmaceutical company offering the novel drug ND-336 as a topical therapy for the treatment of diabetic foot ulcers. SalvePeds’ goal is to provide an effective, safe and convenient therapeutic treatment for DFUs to improve the quality of life for patients and ultimately decrease the number of ulcer related amputations. (University of Notre Dame)
  • Structured Immunity: A biotechnology company focused on accelerating and de-risking the development of T cell therapies. They offer highly specialized R&D services to biopharmaceutical companies to enable the improved validation and optimization of T cell receptor molecules for safer, more effective therapeutic use. (University of Notre Dame)
  • Novosteo: Founded to reduce the morbidity, mortality and loss of productivity associated with bone fractures. Based on discoveries of agents that accelerate bone regeneration and breakthroughs in methods to target these agents selectively to fracture surfaces, Novosteo has designed a series of fracture-targeted drugs that concentrate a drug's healing power specifically at the fracture site. (Purdue University)
  • OmniVis: Features patented technology that uses a revolutionary sensing technique to quantify and analyze biomolecular solutions directly at the source. Their easy to use hardware device and consumable test kit attaches to a smartphone and reduces the detection process to 30 minutes, accurately and affordably. (Purdue University)

The Indiana Inject Tech Challenge, which was first announced in July, aims to "catalyze the creation of new, disruptive solutions designed to improve patient outcomes." The three finalists for the inaugural competition are: 

  • Indianapolis-based DigiBiomarker, an innovative platform capable of capturing digital information directly from patients through their smartphones or via a web-application;
  • Indianapolis-based Ecogenesis11, developing an artificial intelligence-based clinical trial platform to recruit and retain patients; and
  • Indianapolis-based Regenstrief Institute, developing a platform to effectively access and leverage social factors data to enable health care organizations to take further action and address the whole patient to attain better health outcomes.

You can learn more about the Indiana Life Sciences Summit and each competition by clicking here.

  • Perspectives

    • Big Data's Role in Site Selection

      In the world of site selection, companies assess the pros and cons of various factors to identify the location that best fits their current and future business needs. The list may seem endless: labor availability, utility needs and costs, real estate options, tax climate, incentives, quality-of-life considerations, even an area’s weather patterns and the likelihood of natural disasters. With the emergence of big data and the use of data analytics in all facets of business...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • $25M Behavioral Hospital Coming to Central Indiana

      Danville-based Hendricks Regional Health is partnering with US HealthVest to develop a stand-alone behavioral center on the Hendricks campus in Plainfield. Known as the Indianapolis Behavioral Hospital, the facility will provide specialized inpatient and outpatient mental health care to patients of all ages.

    • Demand Fuels $120M Convention Expansion, Hotel Plans

      A $120 million proposal to expand the Indiana Convention Center and build two hotels at Pan Am Plaza in downtown Indianapolis, the city's travel and tourism association says, will put Indy in play for a bigger share of the lucrative convention business. Visit Indy Chief Executive Officer Leonard Hoops says the plans, which include 1,400 new rooms in two Hilton-branded hotels -- one of which will rise 38 stories -- and 300,000 square feet of convention and ballroom space, will help...

    • Bill to Fix Tax Issue For Trailer and Camper Dealers

      U.S. Senator Joe Donnelly (D-IN) has introduced a bill designed to fix what he calls a mistake in the 2017 McConnell-Ryan tax bill that has led to an adverse effect on RV trailer and camper dealers. Donnelly says the tax bill "significantly reduced" a tax deduction for dealers, which has led to higher inventory financing costs.

    • 'Heartbreaking' End For Nashville House

      The 91-year-old Nashville House restaurant is closing. The Brown County family dining staple will serve its last meal at the end of the month. In a post on Facebook, Gina Sarah Rogers, daughter of late-owners Andy and Fran Rogers, said it is "the end of an era and very heartbreaking." The restaurant is known for its country-style fried chicken and ham meals. Business on the property dates back to the late-1860s when an inn opened. It was acquired in...

    • CIB OKs $120M Convention Center Expansion, Two Hotels

      The Capital Improvement Board of Directors in Indianapolis, Visit Indy and Indianapolis-based Kite Realty Group Trust (NYSE: KRG) have unveiled $120 million plans to expand the Indiana Convention Center and add 1,400 rooms. The proposal, approved Friday morning by the CIB, involves two new hotels, including a 38-story property, and extending the convention facilities to the current Pan Am Plaza site. In January, the CIB released a request for interest for a convention center...