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RESI JPM 2019 Innovation Challenge – Check Out the Winners

10 Jan

By Nono Hu, Director of Marketing, LSN

RESI JPM 2019 was the biggest Redefining Early Stage Investments event yet. In a highly competitive RESI Innovation Challenge we saw novel technologies represented from the therapeutics, medtech, diagnostics, and digital health verticals – we know it was tough for RESI attendees to choose how to allocate their 5 RESI “investment” tokens! We wish all our finalists the best in bringing their products forward toward commercialization, but there could only be 3 top prize winners.

First Place: Novotalk

Novotalk provides an end-to-end digital therapy for people with speech disorders. It’s an online, on-demand (asynchronous), self-directed speech tele-therapy solution, which allows those with speech impairments to learn, practice, gain, and maintain comprehensible speech remotely, independently, and discretely. The user goes through therapy with a virtual clinician, together with algorithms that detect pre-defined speech patterns and provide feedback in real-time. The “real” clinician is a data-empowered supervisor to the process. We make therapy accessible, by removing the 2 main barriers to therapy; clinician availability and affordability. Novotalk’s first solution addresses stuttering, a condition which affects 370m people globally.

Jonathan Oron,VP R&D, Novotalk | Lilach Shvimer-Rothschild, Co-founder & COO, Novotalk | Dennis Ford, Founder & CEO, Life Science Nation | Zohar Beeri, CEO, Novotalk | Karen Deyo, Investor Research Analyst, Life Science Nation

 

Second Place: Heroic-Faith Medical Science

Established in June 2018, Heroic-Faith Medical Science Corp., LTD. is focused on the development of medical devices for the critical care medicine. The total annual spending on ICU care in North America in 2018 reaches $108 billion USD, being second only to cancer care which totals $158 billion USD, making it a key market that is marked by costly spending, as well as one that is open to new ideas. We hope to combine Taiwan’s advanced medical expertise with its cutting-edge electronics capabilities to develop break-through products, so that we can realize the ideal of our CEO, “Saving lives through innovation”, in the global market.

Fushun Hsu, CEO, Heroic-Faith Medical Science | Yuan-Ren Cheng, COO, Heroic-Faith Medical Science | Dennis Ford, Founder & CEO, Life Science Nation | Lucy Parkinson, VP of Investor Research, Life Science Nation

 

Third Place: MedTrace A/S

MedTrace is a development-stage company innovating PET diagnostic imaging with an end-to-end solution for a best-in-class blood flow tracer geared for better outcomes, attractive economics and high-patient throughput.

• PET scans are the most sensitive and precise diagnostic tools available in medical imaging.

• There is a significant unmet need in cardiology for improved diagnostic images to guide invasive and non-invasive treatment.

• One of the fundamental challenges in PET cardiology diagnostics is the global scarcity of tracers.

• MedTrace has developed a solution that enables the practical incorporation of the gold-standard radiotracer, 15O-water, for PET cardiology imaging.

• MedTrace’s beachhead will be in the inefficiently-served Myocardial Ischemia market.

Rune Wiik Kristensen, COO, MedTrace | Martin Stenfeldt, CEO, MedTrace | Dennis Ford, Founder & CEO, Life Science Nation | Lucy Parkinson, VP of Investor Research, Life Science Nation

Wait! There is Still Time to Apply to RESI Innovation Challenge. Deadline Tomorrow…Go for It!

6 Dec

By Claire Jeong, Senior Research Analyst, LSN

claire

There are several important dates related to RESI San Francisco 2019 this week. With yesterday’s RESI partnering system launch, there is no doubt that our largest event of the year is closely approaching. Another date to keep in mind is tomorrow, Friday, December 7th, as Friday is the last date we are accepting applications for the RESI SF Innovation Challenge.

As usual, we will be selecting 30 finalists who are working on innovative technologies with high potential to scale in global markets. The Innovation Challenge is open to all early-stage companies in the therapeutics, medical devices, diagnostics, and digital health sectors who are actively fundraising. We will also be selecting several tech hub constituents to participate in the West Coast Innovators’ Pitch Challenge from 1:00 – 2:30 pm, where companies will be able to pitch in front of a panel of established investor judges and receive constructive feedback.

We encourage all applicants to read our article on how to be successful in the RESI Innovation Challenge. There is not much time left to apply – interested applicants, please complete your online application through our application portal here or submit your PDF application and supplementary materials by sending them to RESI@lifesciencenation.com. We look forward to receiving your submissions!

 

Innovation Challenge Application Portal Open for RESI San Francisco 2019

15 Nov

By Claire Jeong, Senior Research Analyst, LSN

claire

After finishing off another successful RESI event in New York City just last week, the LSN team is excitedly preparing for RESI San Francisco during JPM week on Tuesday, January 8th, 2019, our largest event of the year! We are now accepting applications for the RESI SF 2019 Innovation Challenge through our online portal, and companies can also submit a completed PDF application and supplementary materials to RESI@lifesciencenation.com. Our deadline is Friday, December 7th, 2018.

As usual, we will select 30 finalists from a pool of over 100 applicants across the globe and provide these finalists with the opportunity to present a posterboard showcasing their technologies at our exhibition hall for the entire day. The Innovation Challenge is open to early-stage companies in all sectors, from therapeutics, medical devices, diagnostics, and digital health.

Since RESI Boston in September 2018, we have been working with many regional tech hubs to bring the earliest stage technologies in front of our global network of investors. We will be selecting several companies to participate in the West Coast Innovators’ Pitch Challenge, to pitch in front of a panel of investor judges.

Last week, we announced the Top 3 Winners of the RESI NYC 2018 Innovation Challenge and showcased a wide range of innovative technologies (complete list can be found here). We look forward to receiving your applications for RESI SF 2019!

 

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