Tag: TEDCO

Awards

Hopkins faculty and startups receive translational funding from TEDCO

Hopkins faculty and startups receive translational funding from TEDCO

This summer, two Hopkins faculty members and two Hopkins startups will receive funding from the Maryland Innovation Initiative (“MII”) to commercialize promising technologies.

MII is a partnership between the state of Maryland and five of the state’s academic research institutions to promote the commercialization of research and is operated by TEDCO. The program fosters the transition of technologies having significant commercial potential from participating universities, including The Johns Hopkins University, to the commercial sector by funding technology validation, market assessment and the creation of start-up companies in Maryland.

Funding decisions are made every two months, and teams can apply for projects in the Technology Assessment phase or the Company Formation phase.

In this cycle, Dr. Peter Searson, Johns Hopkins University Whiting School of Engineering, and Dr. Harry Larman, Johns Hopkins University School of Medicine, have received Technology Assessment awards of $115,000 each. Searson is developing a high-efficiency sensor for cystic fibrosis monitoring that can diagnose electrolyte imbalance in real time.

Larman’s technology will address a critical unmet need for multiplexed 3 molecular analysis of the tumor microenvironment, which they expect will translate into improved implementation of precision immuno-oncology.

Sonoval LLC and Renalert LLC will both receive Company Formation awards of $150,000 each. Sonoval is developing a breakthrough anti-cancer biologic drug therapy for the treatment of a variety of T cell lymphomas and major solid tumors.

Renalert is developing the Renalert System to provide early detection of the onset of acute kidney injury through novel analysis of a patient’s urine output, blood pressure and oxygenation status.

Awards

Emocha Mobile Health, Proscia Receive Incubator Company of the…

Emocha Mobile Health, Proscia Receive Incubator Company of the Year Awards

 

Incubator Company of the Year

On June 15, two startups based on Johns Hopkins technology received Incubator Company of the Year Awards at an annual event sponsored by the Maryland Technology Development Corporation (TEDCO) and several other organizations.

Emocha Mobile Health, a tenant in FastForward 1812 developing a mobile health platform for remote patient management, was recognized as Best Health I.T. Company. Proscia, a digital health company building cloud-based image analysis and deep learning software for pathology based at Spark in the Inner Harbor, received the first-ever award for Best Unaffiliated Company.

Judges, a cross-section of the region’s most prominent industry leaders and early-stage investors, evaluated 21 finalists based on their success in achieving their objectives. Key factors included technology or product development, intellectual property, increase in employee numbers, growth in revenue or earnings, engagement of significant customers and strategic partners, receipt of awards and grants, attraction of outside investors, innovation, self-sufficiency, impact on the region and usage of the incubator’s services.

Emocha’s win marks the fourth time in the past five years that a FastForward startup has received an Incubator Company of the Year award. Sonavex claimed the award for Best Med Tech/Life Science Company in 2016. Gemstone Biotherapeutics was named Best Life Sciences Company in 2015. Clear Guide Medical won the Life Sciences/Medical Device & Research Tool category in 2013.

Kangaroo Health, formerly known as Rehabtics, was founded by Johns Hopkins University students in 2012 and won the Best Life Sciences Company award in 2014.

For a list of all this year’s winners, click here.
 

Click here to learn more about FastForward ventures.

 

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