MDIC Graduate Milestones

CNY Biotech Accelerator (CNYBAC), Upstate Medical University
Medical Device Innovation Challenge (MDIC)
GRADUATE MILESTONES

MDIC Graduate Economic Impacts

Total Federal Grants:                                       $  9,883,762

Total Non-federal Grants/Investments:         $12,822,600

Total Employees Hired:                                     41.5

CNYBAC provides a stipend to NYSTAR Asset, The Innovation Law Center, College of Law, Syracuse University, to conduct/prepare commercialization research reports such as patent landscape, freedom to operate, device classification and predicate device review.

2017

EndoGlow – Tissue Reveal Technology™  (https://www.endoglow.com/)

• IP submissions, University of Rochester and independent
• Prototype and preclinical testing completed with University of Rochester, 2017/2018
• Working with regional vendors for manufacturing needs
• Awarded FuzeHub Manufacturing Grants
• Named by Med Tech Outlook as a Top 10 Minimally Invasive Device Solution Company
• Accepted into Cornell Center for Materials Research (CCMR)Pit
• Hires: CEO, COO, VP of Business Development and National Sales Manager
• Won MedTech 2021 Innovative Surgical Device Company Award
• FDA device registration complete
• Cadaver labs teaching NIR in partnership with STORZ (Albany Medical Center, University of Rochester)
• PreClinic research presented at the Society of Gynecologic Surgeons 3/2022
• Working with KOLs on clinical research studies involving complex pelvic anatomy 
• CNYBAC Virtual Client

Costello Prosthetic Warmers (https://www.costelloprosthetics.com/)

• Project accepted by Queen’s University Human Mobility Center student capstone project
• Participated in MedTech Annual Conference Pitch Event (October, 2017)
• Prototype tested in mountain climb under “worse case scenario” weather conditions
• Licensing proposal with large manufacturer in process

2018

Avant Medical Systems – Smart backboard

• Marketed their technology with industry partners Health O Meter and Marsden

AcceliPHI (subsidiary of ANDRO) – spinal device

• Gained patent for individuals suffering from chronic back injuries

2019

ZEPHYRx® – Spirometry Technology/Remote Patient Monitoring (https://www.zephyrx.com/)

• Received National Heart, Lung, and Blood Institute (NHLBI) SBIR grant for development and testing of breath-controlled video game for respiratory therapy
• Resident company of Johnson & Johnson Innovation, JLABS, life science incubator program
• Grew from 2 employees to 15 full-time employees
• Pivoted to bring telemedicine to lung patients during pandemic with unique software program for at-home pulmonary function testing; exploded nationally in telemedicine market
• Cystic Fibrosis Foundation purchases devices for every patient with cystic fibrosis in the US
• CNYBAC Virtual Client
• Over $2.5M in product sales/contracts
• CNYBAC Virtual Client

Halomine – Rechargeable Antimicrobial Technology (https://www.halomine.com/)

• Cornell University spin out company
• Funding support through Cornell Center for Materials Research (CCMR)
• Joined Plug and Play Tech Center and New Materials 2020 Accelerator Program
• Accepted into IndieBio inaugural NY program
• Awarded $1M NSF SBIR Phase II grant to advance product development
• Hired Dr. Xuehong Ren, one of the world’s leading authorities on synthesized monomers polymers and N-halamine chemistries as Chief Scientific Officer

MedUx – User-centered Designed Products (https://www.medux-llc.com/)

• Accepted into MassChallenge Boston Accelerator
• Placed 2^nd in ACC InVenture Prize Competition

Aurie – Reusable Intermittent Catheter System (https://livewithaurie.com/)

• Won FuzeHub Commercialization Competition Award
• Awarded FuzeHub Manufacturing Grants (2)
• Awarded Small Business Innovation Research (SBIR) grants from National Science Foundation and National Institute of Disability, Independent Living and Rehabilitation Research
• Raised $750K in funding through pre-seed round led by Lakehouse Ventures
• Received FDA Safer Technology Designation from FDA
• CEO Souvik Paul serves as an MDIC Mentor
• CNYBAC Virtual Client

2020

Assistance in Motion - Powered Ride-on Device for Children with Motor Impairments
(https://www.assistanceinmotion.com/)

• Received SBIR Phase I Award of $256,000

Vita Innovations – Smart mask tracking signs of clinical deterioration (https://vitainnovations.co/)

• Won A.I. Health Hackathon, Weill Cornell Medicine
• Won 46th Annual Business Today International Conference Impact Challenge
• Accepted into Blackstone & Techstars LaunchPad Fellowship
• Collaborating with Hudson Valley Advanced Manufacturing Center and MTEC
• Awarded Cornell University Student Business of the Year (2021)
• Co-winner of the Verizon and Clinton Global Initiative 2021 Social Innovation Challenge
• Accepted into MassChallenge Early-Stage National Startup Accelerator
• Accepted and awarded grant funding from Venturewell Phase I and II E-Teams Accelerator
• Accepted and awarded grant funding from American Heart Association National Business Accelerator
• Received investment and product support from Nextfab Ventures
• Completed Phase I User-Experience Trials at an academic hospital
• Accepted into Stanford Venture Studios

2021

MindTrace - 3D Neurosurgery Brain Mapping Technology (https://mindtrace.com/)

• Accepted into AlphaLab, Healthcare and life sciences accelerator
• Working with SUNY Upstate Medical University neurosurgeon and Co-director of Upstate’s brain tumor program, Dr. Harish Babu, for clinical studies
• Completed first stage of FDA Payor Communication Task Force
• Pre-sub planned with FDA to submit via Breakthrough Device Designation
• Selected by CB Insight’s as one of 150 most promising digital health companies of 2022

Rubitection - Skin Health Assessment Technology (http://rubitection.com)

• Presented at Medica Health Tech Conference
• Selected as a finalist, Women of Color Health & Wellness Pitch
• Awarded 2022 Health Equity Flex Grant, West Coast Consortium for Technology & Innovation in Pediatrics

JelikaLite (Precision Autism Technology)

• Won FuzeHub Commercialization Competition Award
• Participated in Syracuse University Student Engineering Capstone Program
• Completed pivotal clinical trial, presented results at Rutgers University Autism Conference
• Presented at 68^th Annual Meeting of American Academy of Child and Adolescent Psychiatry
• Presented at Symphony Conference, Brain Foundation
• Granted FDA Breakthrough Device Designation
• Completed 2 FDA Pre Submission meetings
• Completed NSF-funded open label study, replicating 2021 clinical trial results showing autistic subject significant improvements in communications and responsiveness
• CNYBAC Virtual Client

Oratel Diagnostics - Endometriosis Diagnostic (https://www.orateldiagnostics.com/new/grav-admin/)

• Consortium for Technology & Innovation in Pediatrics (CTIP) award of $7500
• Completed first prototype using 3-D printing to evaluate our collection of saliva samples and develop  standards to monitor reader performance
• Completed data analysis on pre-clinical study with Brigham and Women’s Hospital on 181 patients
• Submitted abstract to present poster at the 15th World Congress on Endometriosis May 2023
• Sponsored study at Alfred University Material Science Department to test difference in glass surfaces
• Accepted by NSF to apply for STTR grant for 2023

Dancing Eyes (Eye Movement Disorder Technology)

• SUNY Upstate Medical University faculty-founded startup company
• Completed University of Rochester regional I-Corps program
• Working with Rensselaer Polytechnic Institute (RPI), Student Engineering Capstone Program
• CNYBAC Virtual Client

2022

EndObetes – endoscopic reversible treatment devices for obesity and diabetes (https://endobetes.com/)

• Angel investment, $350K
• SBIR Phase I NIH $256K, work completed
• Strategic partnership with MicroTech Endoscopy
• Completed MedTech Innovator Accelerator Program
• Coordinated FDA Pre Submission meeting
• Preclinical testing planned with SUNY Binghamton
• SBIR Phase II application in process

PreTip – point of care EEG device for rapid screening in ED/ICU

• Upstate Medical University faculty founded company
• Phase II SBIR planning in process
• Upstate Medical University faculty-founded company

PapEasy – cervical self-screening technology (https://papeasy.com/)

• Coordinating with regulatory consultant for FDA submission
• NSF SBIR Phase I submission in process
• Working with Buffalo area contract manufacturer
• CNYBAC Virtual Client

SurgiVance – point of care rapid diagnosis through diagnostic imaging using advanced optics (https://surgivance.com/)

• Accepted into RPI student capstone program
• In process of hiring CEO
• FDA Pre-Submission in process/seed meeting scheduled
• Submitted Phase II NIH SBIR

3Dspine – 3d printed modeling pre-operative planning for adult spine procedures

• IP submitted through University at Buffalo
• FDA and reimbursement pathway initiated
• Planned STTR submission in 2023