April 18, 2019 / Original Source
BOSTON — Entrepreneurs developing new technologies to treat blood clots, congestive heart failure, incontinence and more were the big winners at the Massachusetts Medical Device Development Center $200,000 Challenge, an annual pitch competition that showcases cutting-edge innovations in the medical-device and biotech fields.
The center, known as M2D2, is a partnership between UMass Lowell and UMass Medical School that assists inventors and startups with all aspects of the process behind moving new products and technologies from concept to commercialization.
Now in its eighth year, the challenge drew entrants from around the world and recognized winners on Wednesday, April 10 at an event held at the Boston offices of Mintz law firm.
Nineteen finalists, chosen from a field of 143 entrants, had competed in the challenge’s pitch-off on Wednesday, March 27 at UMass Lowell; two weeks later, 12 of them were awarded shares of a $200,000 purse of sponsor-provided, in-kind services, including lab and office space, and engineering, product development, legal, regulatory, clinical and business assistance.
More about this challenge at: Original Source