The TMC Innovation Institute hosted a successful Expert Forum last week featuring its 19 medical device cohort startups.
The TMC Expert Forum, where the companies pitch innovations to a room full of potential advisors, mentors and key opinion leaders, closed out a three-week “boot camp” that the companies participated in at the beginning of the four-month TMCx accelerator program.
During these past weeks, entrepreneurs went over the basics of forming a medical device company, as well as heard how to get the most out of the TMCx program from alumni companies, advice from hospital executives on how to navigate their hospitals, and the experiences of clinicians who have made the leap to entrepreneur.
As William F. McKeon, president and CEO of Texas Medical Center, said to kick off the event, some of the best minds in the medical center were in the room, prepared to be the person who “gives you love, but also gives you tough love,” to help propel the company through the accelerator and beyond.
“It is great to see the excitement you bring, and these companies can’t do it without you,” he added.
Erik Halvorsen, Ph.D., director of the TMC Innovation Institute, echoed those sentiments, saying the program would not be as successful without advisors “opening their doors and opening their minds to the technologies” that come through the accelerator program.
Of the 19 companies in the program, 14 are in the prototyping phase and five are doing preclinical testing. Before and during the program so far, the companies have raised a total of $32.5 million in funding.
Companies presenting during the Expert Forum included:
- Aesela (Houston, TX) – Wearable photobiomodulation device designed to accelerate and enhance post-surgical recovery.
- Alleviant Medical (Houston, TX) – Transcatheter technology to provide left atrial decompression and symptomatic relief for congestive heart failure.
- Bitome (Boston, MA) – MRI-based diagnostic tool for non-invasive monitoring of the human hydration state.
- Dock Technologies (Madison, WI) – Electronic wristbands that provide a visual reminder of time elapsed, helping care teams quickly navigate complex treatment processes.
- Elsius Biomedical (Canada) – Portable Extracorporeal Membrane Oxygenation (ECMO) unit that includes a proprietary coating to enhance biocompatibility and prevent blood clots.
- Forest Devices (Pittsburgh, PA) – Screening device that enables identification of stroke patients and traige to the right level of care.
- GuidaBot (Houston, TX) – MRI-compatible robotic system that precisely targets areas of the brain during minimally-invasive neurosurgical procedures.
- iSono Health (San Francisco, CA) – Accessible breast health monitoring combining 3D ultrasound and artificial intelligence.
- Multisensor Diagnostics (Baltimore, MD) – Device that measures multiple vital signs by mouth in less than a minute.
- NanoEar Technologies (Houston, TX) – A minimally-invasive, micro-implantable hearing aid, positioned to disrupt the market by utilizing Direct Eardrum Modulation.
- NAVi Medical Technologies (Australia) – Improving neonatal umbilical venous catheter (UVC) placements by providing clinicians with real-time feedback on the location of the catheter tip.
- Orphidia (San Francisco, CA) – Portable blood diagnostic platform providing lab-quality test results in 20 minutes.
- PolyVascular (Houston, TX) – Polymeric transcatheter valves for children with congenital heart disease.
- Raiing Medical (Boston, MA) – Wearable device monitoring vital signs for connected health.
- Replete Biotics (Houston, TX) – Standardizes fecal specimen processing while protecting bacterial community integrity and eliminating cross-contamination risks.
- Resthetics (Houston, TX) – Device to convert waste anesthesia into a safe renewable resource.
- Sonavex (Baltimore, MD) – Implantable device that utilizes ultrasound to detect blood clots after surgery.
- Vena Medical (Canada) – Making vascular procedures faster, easier and safer by providing physicians with a thin fiberoptic camera that sees through blood.
- Vitls (San Francisco, CA) – Vital signs platform for continuous, remote monitoring.
Baylor College of Medicine will be closed Monday, May 28 in observance of Memorial Day. https://t.co/6CNQMhyJ92
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Baylor College of Medicine will be closed Monday, May 28 in observance of Memorial Day.
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Leticia Rousseve found comfort whenever she verbalized her frustrations and feelings to others who understood what she was going through as a caregiver for her husband, James, during his soft tissue sarcoma treatment. “This taught me an important lesson that I now share with others going through cancer: you are not alone.” Now, she pays it forward by volunteering with myCancerConnection, MD Anderson’s one-on-one cancer support community of patients, survivors and caregivers who have been there. #endcancer
At sprawling VA hospital in southern Dallas, a righteous battle to keep the promise to care for America's Veterans https://t.co/yBX7Jqyn6X via @dallasnews
6.1, 11:30 a.m.-1 p.m.: Join @MethodistHosp Cancer Center at St. John for a celebration and luncheon as we honor those living with a history of cancer. Register today: https://t.co/epZbgu9fA0 https://t.co/FLv19JSQs0
Today’s #VeteranOfTheDay is @USArmy Veteran M. Ross Kirk. https://t.co/Z1oqPWmWig
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Today’s #VeteranOfTheDay is Army Veteran M. Ross Kirk. Ross served for 28 years and retired in 1988. He attained the rank of lieutenant colonel. Ross served two tours in Vietnam with the 4/39th Infantry Battalion, the 9th Infantry Division and the 5th Special Forces Group with the Chaplain Corps. He was also a member of the 101st Airborne Division, the 18th Airborne Corps 1st Division, and the Green Beret Parachute Demonstration Team. He wore the Green Beret on active duty for nine years and is nicknamed the “Leapin’ Deacon” due to his 225 military jumps, including 50 HALO (high altitude, low opening) jumps and 450 sport parachute jumps. Ross’ positions in the Army included Command Chaplain for the Special Operations Command (Airborne) and Senior Chaplain of the Combined Peacekeeping Forces in the liberation of Grenada. He retired at Fort Riley, Kansas in 1988 and has lived with his wife Judy in Wakefield, Kansas for 27 years. They have four children, eight grandchildren and one great-grandchild. Ross was awarded four Bronze Stars, five Air Medals, the Meritorious Service Medal with three Oak Leaf Clusters, the Joint Service Commendation Medal, the Army Commendation Medal with two Oak Leaf Clusters, the Army Achievement Medal and the Good Conduct Medal. He also earned the Ranger Tab, the Special Forces Tab and Master Parachutist and Air Assault Badges. Thank you for your service, Ross!
New @USDOT program provides free pilot training for Veterans https://t.co/z6mIJVPMlU via @Militarydotcom
New research funded by Department of Defense grants will look into why some women with estrogen receptor-positive breast cancer develop resistance to endocrine therapies. https://t.co/TMhNyXWZ8Y
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Congratulations to M.D/Ph.D. student Muhammad Saad Shamim on becoming a 2018 fellow of the Paul & Daisy Soros Fellowships for New Americans program.
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Dr. Elizabeth McIngvale talks about her journey with obsessive compulsive disorder. https://t.co/SxpIBc1gyA #MentalHealthAwarenessMonth