Local device startup Tympanogen won three prizes, fifth place, and $44,000 in the Rice University Business Plan Competition, the world’s largest student business plan competition. The company pitched numerous times over three days in the elimination-style competition that featured 42 startups from around the world, a group selected from more than 500 initial applicants.
April 17, 2014 – Read more at New Orleans CityBusiness
Eardrum repair patch startup Tympanogen won first place and $25,000 in the 2014 Tulane Business Model Competition. The team will move on to compete at the International Business Model Competition in May in Utah. Device startup InVision Biomedical, which is developing an improved trachaeostomy device, won second place and $10,000 in this year’s competition.
April 11, 2014 – Read more at Nola.com / The Times-Picayune
USA Today looks at the BioInnovation Center and profiles personalized medicine company Renaissance RX alongside two other fast-growing New Orleans startups.
“By identifying through DNA testing how patients metabolize specific drugs, Renaissance RX enables physicians to tailor prescriptions to each individual’s needs. Renaissance RX launched in the BioInnovation Center, and its rapid growth means that it has just about outgrown the facility. Started with four employees in October 2012, the company now employs 58 employees with a contracted sales force of 250 to 350 and another 300 DNA collectors working in 44 states.”
April 11, 2014 – Read more at USA Today
Catch up on the latest news from NOBIC and regional life science startups in this month’s NOBIC newsletter.