A Nashville-based medical device startup has won the top prize the in the Women in Bio-Chicago Start-up Challenge pitch competition. Wave Therapeutics received $5,000 for its smart cushion device, which is designed to help prevent bed sores.
The annual event features women-led biotech companies from throughout the Midwest pitching their technologies and products to local investment and startup experts. Wave Therapeutics, founded by Chief Executive Officer Jessica Bussert also won the Audience Award, taking home an additional $500.
The startup has developed a cushion that is designed to eliminate the pressure that causes bed sores and improve blood circulation. The first product being developed with the technology is a wheelchair cushion.
Inside INdiana Business Reporter Kylie Veleta spotlighted the technology earlier this year in the Life Sciences INdiana e-newsletter.
WIB-Chicago says as a result of the win, Bussert will receive an annual WIB membership, an opportunity to connect with industry leaders, and access to an exclusive network of women founders.