M2D2 Countdown is On!

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Best not to say "ready for blastoff" when referring to a lab facility! 

So let's just say crews are putting the finishing touches on M2D2's brand spanking new, light and bright, fully equipped shared lab facility in Lowell MA. Within a few short weeks M2D2 will be ready to welcome many more medical device and biotech start-up entrepreneurs.

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Among the features are:

  • Lab space
  • Lab equipment with maintenance & tech support
  • Lab training & EHS compliance
  • Waste removal
  • Access to UMass Medical School resources
  • Access to UMass Lowell business, engineering & prototyping resources
  • Secure access
  • Parking
  • Easy access to MBTA Commuter Rail
  • Conference rooms & meeting spaces
  • Co-working area
  • Internet
  • Kitchen cafe area
  • Educational programming for start-up companies

We can't wait to show you this new lab facility less than 30 miles from Boston!

Rates have been set and tours are available. Be in touch by email at M2D2@uml.edu or by telephone (978)934-3465.


M2D2 was pleased to participate when New Hampshire Governor Maggie Hassan paid a visit to platinum corporate sponsor Omni Components recently. 

Omni Components, located in Hudson NH, is a manufacturer of medical devices and other precision machined products. Governor Hassan was interested to learn firsthand of Omni's recent improvements in workforce and career development, energy consumption, streamlined manufacturing processes, and work environment.

During her tour of the plant, Governor Hassan learned about Omni's "green" initiative with efforts to reduce waste. She also learned about their installation of state-of-the-art air cleaning machinery for air quality and employee comfort. During the roundtable discussion that followed, Governor Hassan fielded questions from the audience and learned more about Omni's support of M2D2 and UMass Lowell. Omni is a supporter of UMass Lowell by hiring student interns from the university's engineering faculties. Omni is also a big supporter of M2D2 by seeking  to work one-on-one with associated start-up companies in all aspects of their entrepreneurial endeavors.

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Plant tour at Omni Components in Hudson NH

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Governor Hassan speaks with Omni employee about recent air quality improvements


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L to R: Frank Stone, CEO of Omni Components; Governor Maggie Hassan; Mary Ann Picard, Associate Director of M2D2; Stephen McCarthy, PhD, Director of M2D2 at UMass Lowell
Boston's WBZ TV-4 will feature the M2D2 Lowell High School Partnership Program during its weekly student segment next Monday, May 11th at 5:00.

Paula Ebben of WBZ interviewed the LHS honors level students involved in the program, UMass Lowell intern Kreg Kaminski who leads the curriculum and Stephen McCarthy, PhD, Director of the Massachsetts Medical Device Development Center at UMass Lowell.

Tune in on Monday to hear more about this unique partnership which introduces high school students to the world of medical device invention and the business path to commercialization.

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Paula Ebben of WBZ TV-4 interviewing students in the M2D2 Lowell High School Partnership Program


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Paula Ebben of WBZ-TV4 interviewing UMass Lowell intern Kreg Kaminski

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Paula Ebben of WBZ-TV4 interviewing Stephen McCarthy, PhD, Director of M2D2
The countdown is on! M2D2 is growing and we couldn't be more excited! In just a few short weeks we will open an additional center with fully-equipped shared lab and collaborative space.

M2D2 will provide:
  • Lab space
  • Lab equipment with maintenance and tech support
  • Lab training & EHS compliance
  • Waste removal
  • Access to UMass Medical School resources
  • Access to UMass Lowell business, engineering, & prototyping services
  • Secure access
  • Parking
  • Easy access to MBTA Commuter Rail
  • Conference rooms
  • Event space
  • Internet
  • Kitchen
  • Educational programming tailored to life science start-up companies
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After all these months of planning and construction, we can't wait to welcome even more early stage med device and biotech innovators! 

Take a look at the photos for a quick peek then send an email or give us a call to tour: M2D2@uml.edu or 978-934-3465


Medical Device Entrepreneurs Pitch Ideas

Ruth Cheng, director of strategy and innovation for Smith & Nephew, was one of six judges who questioned competitors at M2D2’s venture contest.

Ruth Cheng, director of strategy and innovation for Smith & Nephew, was one of six judges who questioned competitors at M2D2’s venture contest.

04/03/2015
By David Perry 


Drawing more than 60 applicants from as far away as Israel, and a crowd that spilled into the hallways, the Massachusetts Medical Device Development Center’s (M2D2) New Venture Competition was a sure sign of the program’s growth and ingenuity. 

The competition, the fourth one held to date, is where innovations in medicine and engineering intersect and fledgling businesses try to find legs in the marketplace. 

“It used to be that we had a hard time getting people to come up from Boston,” said Steven Tello, an M2D2 director and the associate vice chancellor for entrepreneurship and economic development. “But now that’s not the case. I think people see the companies we’ve worked with have been successful and people have wondered, ‘Let’s see what is happening up there.’ And the Saab building (the Emerging Technologies and Innovation Center) caught people’s attention. When they saw that, they knew Lowell had all the pieces.” 

M2D2, a UMass Lowell-UMass Worcester collaboration that helps entrepreneurs advance their ideas for medical device products, offers prototyping and product development help, regulatory and business development assistance as well as lab and office space. 
  
In the venture competition, the pool of 64 applicants was winnowed down to 15 finalists, who then served up four-minute pitches to a panel of six judges, including John Kummailil (’96, plastics engineering), senior manager of corporate engineering for Boston Scientific. At stake is more than $100,000 in in-kind services from sponsors, including legal, business and regulatory support, lab and office space and more. Winners will be announced at the offices of Boston law firm Mintz Levin on April 16. 

The pitches addressed a variety of illnesses and conditions, including automated glucose control (by Boston-based Admetsys) for a population increasingly riddled with diabetes, Syracuse-based Fusologics’ accelerated bone formation, Georgia-based LunaMed’s cancer tissue evaluation system and implant technology from the Israeli firm Resorbium. 

Rithi Srinivas pitched Boston-based Novopyxis’ system for delivering antibiotics to treat skin and soft tissue infections. She felt well-prepared delivering her pitch to the judges. 

“Part of it is knowing the technology,” she said later. “Knowing it well helps, but I practiced and practiced the presentation. I have given the talk four or five times before.” 

For all the expertise and experience that came through in the presentations, all were small companies, with no more than five employees, most with just three. 

In the hallway outside the Jacqueline and Edward J. Moloney Jr. Ballroom on the second floor of University Crossing, more than 30 applicants stood alongside posters of their projects. Everything from neuro-modulation for chronic back pain to an intracranial assessment was in play. Guests, each given $1 million in fake money upon entering, doled it out to those with the most deserving pitches. (One will emerge as the People’s Choice winner on April 16). 

Laura Indolfi and David Ting of Panther Therapeutics pitched what they described as “technologies for revolutionizing the treatment of pancreatic cancer.” 

“The project started two-and-a-half years ago,” said Indolfi. “The past two years have been focused on science and only in the last few months have we been doing pitches parallel with science. It is about getting funding assistance to get to the next steps.” 

Ting, a clinician, who runs a lab at MIT, said that no matter how profound the science, it needs to marry with business to go from theory to market. 

“If you have a problem, you could do a lot worse than working with a bunch of MIT engineers to help solve it. But in terms of starting a company, I don’t know how to do that. But I know there are people out there who can.” 

And the Moloney Ballroom was where to find them on April 1. 
2015 M2D2 New Venture Competition Showcase

Wednesday, April 1, 2015
5-9 p.m.
University of Massachusetts Lowell
University Crossing, Moloney Hall,
220 Pawtucket Street, 2nd FL, Lowell MA 01854

The M2D2 New Venture Showcase event is sponsored by
Sallop Insurance & Silicon Valley Bank

The Massachusetts Medical Device Development Center (M2D2) will be hosting the 2015 New Venture Competition Showcase Event on Wednesday, April 1, 2015. Novel medical device technologies will be presented, followed by a poster and networking session. 

This event will feature presentations and posters by medical device start-up companies and inventors, featuring new medical device design inventions that have been submitted to the 2015 M2D2 New Venture Competition. The presenting finalists will compete for a chance to win a total of $100,000 in services which include: Product Development, Business Development, Medical Development and laboratory space from M2D2, legal services from Mintz Levin, and services from Smith & Nephew, Boston Scientific and Omni Components.

Podium Presenting Companies

ADMETSYS - Automated Glucose Control
BioPact - Drug Stabilization in Carbon Nanotubes
Cognition Medical - Rapid Positioning Intubation
Fusologics - Accelerated Bone Formation
Gel4Med - Antimicrobial Synthetic Skin
IGI Technologies - Visual Anatomy on Surgical Field
LCO - Ultrasound Bone Stimulator
LumaMed - Evaluation of Cancer Tissue
Nido Surgical - CardioPort
Novopyxis - Droplette Transdermal
PixelEXX - Small Endoscopy Imaging
Resorbium - Biocomposite Orthopedics
Soft Robotics - Limb Stabilization Device
Visium Medical - Catheter Based Ultrasound
Wellumina - Mobile Health Test
with Smartphone

Poster Presenting Companies
Airway Management
Apptomics
Articulate Labs
BETH
Brio Device
Carepoint Solutions
CATH Wear
Cellanyx Diagnostics
Cocoon Biotech
CranioSense
Cystosure
Disease Diagnostic Group
EvoPump
Future Healthcare
Kohana
MayLy Life Sciences
MedSentry
Micro-Leads
New England Breath Tech
Nightingale App
PanTher Therapeutics
Pegasus Therapeutics
Protector Medical
PulseCare Medical
Sano
Sonura
SunLife Light
Sunus Health
VisMedX
Vivonics
WPI
Wrasse Systems
Ymir Genomics

You also will be able to speak with current M2D2 member companies and M2D2 Innovation Hub Clients already taking advantage of M2D2's benefits. The Showcase Event is for inventors, entrepreneurs, small businesses, future applicants as well as investors in the medical device industry.

Come see the new medical device ventures that will be showcased!

register now button

Your registration fee includes Hors d'oeuvres, Beer & Wine!

 
Registration fee until March 25, 2015: $30 
Registration fee after March 25, 2015: $40
April 1, 2015: $50

The M2D2 New Venture Competition is sponsored by 
Mintz Levin, Smith & Nephew, Boston Scientific, Omni Components 
and Massachusetts Life Sciences Center 

The M2D2 Showcase Event is being sponsored by:
Arrow Electronics, Sallop Insurance and Silicon Valley Bank

4th Annual M2D2 New Venture Competition 2015
$100K Medical Device Challenge!


Sponsored by Boston Scientific, Mintz Levin, Omni Components, Smith & Nephew and Massachusetts Life Science Center.

APPLY NOW!

Companies will compete for $100,000 of services from M2D2, Boston Scientific, Mintz Levin, Omni Components, Smith & Nephew and Massachusetts Life Science Center.

All medical device technologies and inventions welcome and accepted! In addition the following New Venture Competition Sponsors have also identified the following specific areas of Interest.


Boston Scientific has identified specific areas of interest:
  • Additive Manufacturing for Implantable Devices
  • Use of Flexible Electronics to Provide Innovative Implantable Devices
  • Small Form-factor Imaging (65K+ pixels) and Single Pixel Cameras

Smith & Nephew has identified specific areas of interest:
  • Tools which enable procedure simplification
  • Tissue Sparing Procedures
  • Stabilization of and Integration/Fixation to bone
  • Novel Soft Tissue Repair
  • Joint Preservation Solutions
Last year, this event was attended by more than 200 representatives from local venture capital firms, angel investors and service firms, allowing attendees to network and receive informal feedback and develop relationships with key supports for early stage companies.  
 
Finalists will present their business plan at a Pitch & Showcase Event on April 1, 2015 at UMass Lowell.  Awards will be presented on April 16, 2015 at the offices of Mintz Levin in Boston.

Entry Fee - Apply early to receive discounted application fees:
First (20) Applications - Free / By Jan 16, 2015: $25 / By Jan 30, 2015: $50


IMPORTANT DATES & INFORMATION
APPLY HERE
REGISTER/PAY HERE

Note: Please remember to register and pay the application fee once your application has been submitted!

Last Friday, August 8th, was a great night for baseball in Lowell!  M2D2 welcomed the crowd to a pre-game party at Beer Works then enjoyed the Lowell Spinners versus State College Spikes game.  An added bonus (in addition to the home team win) was the amazing display of fireworks on this spectacular summer evening!


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Please join us for Part 3 of the 2014 M2D2 Educational Series Program.  The featured presentation will be "Lean Product Development for Medical Devices".  This will be held on Thursday, April 24, 2014 from 6-8pm at the M2D2 Innovation Hub, 600 Suffolk Street, Lowell MA.  Moderator for this program will be Brian Scrivens, Director of Product Consulting, MPR Products.  The featured panel includes Mark Boden, Director Y Senior Research Fellow, Boston Scientific; Lee Burnes, Vice President of Research & Development, Covidien and Craig Mauch, Director of Product Design, MPR Products.  Registration fee until April 17: $10.00 and Registration Fee after April 17: $20.00.  Light refreshments will be served to register for this event now! REGISTER HERE!

This event is sponsored by Nutter McClennen and Fish LLP.

By Dan O'Brien, dobrien@lowellsun.com 

Updated:   04/11/2014 07:00:21 AM EDT 

LOWELL -- A medical-device startup developed within UMass Lowell's M2D2 community said this week that it has landed $17 million in equity funding.

InfoBionic Inc., a startup that provides patient monitoring for chronic-disease management, intends to use the funds to pay for the commercialization of its flagship product, the MoMe System, according to CEO Nancy Briefs.


Read more: http://www.lowellsun.com/business/ci_25544903/m2d2-based-startup-awarded-17-million-equity-funding#ixzz2yaPJk25I

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