April 10, 2013

Little Sparrows, Cellanyx Diagnostics, and BioSignostix today were named the 2013 winners of the Second Annual M2D2 New Venture Competition awards program, which seeks out the most promising new medical device technologies in Massachusetts.  The winners were announced at an awards ceremony at the headquarters of Nutter McClennen & Fish LLP in Boston's Innovation District.

The entrepreneurs developing these new products received the highest scores from independent judges who heard their "pitches" at the M2D2 (Massachusetts Medical Device Development Center) Innovation Hub at UMass Lowell in March.  At the awards ceremony held today, all 15 companies that reached the final round of the competition offered a poster session and they again pitched their product ideas.

The first-place-winning product idea addresses neonatal jaundice and will receive $10,000 in M2D2 development services and Nutter legal services.  The award will help this start-up advance their product development and business concept toward commercialization.  Also, Gweepi Medical, which addresses urinary incontinence management, won the People's Choice Award and will receive $2,000 in M2D2 services and Nutter services.

"The M2D2  New Venture competition showcased 15 great new medical device ideas this year.  They are all worthy of support.  We especially congratulate the winners - Little Sparrows, Cellanyx, and BioSignostix -- and pledge to help them succeed," said Stephen McCarthy, co-director of M2D2 and UMass Lowell plastics engineering professor. "Working with these entrepreneurs helps M2D2 fulfill its mission: ensuring that Massachusetts is the best place in the world for medical device startups."

"The M2D2 new venture competition is becoming a signature event for medical device entrepreneurs," said William C. Geary III, co-managing partner of Nutter, which was the title sponsor of the competition.  "Our lawyers coach the entrants on their pitches and expose them to potential funding sources.  It's exciting to see the innovation taking place, and our participation is a way to contribute to a strong medical device industry with a competitive future."

The annual M2D2 New Venture Competition is open to Massachusetts-based medical device technology startup businesses and inventors.  This year, 15 finalists were chosen and presented their concepts to a panel of judges.  The prize money includes services from the UMass schools, coordinated through M2D2, including prototyping from the UMass Lowell College of Engineering, business plan and market development from the UMass Lowell Manning School of Business, and services from the Medical School in Worcester.  The competition is sponsored by Nutter, which is also a platinum sponsor of M2D2.

When: Wednesday, March 27, 2013
Time: 5:30 PM - 9:00 PM
Where: M2D2 Innovation Hub, 600 Suffolk Street 2nd Floor, Lowell, MA 01854

The Massachusetts Medical Device Development Center (M2D2) will be hosting a New Venture Competition Showcase Event on Wednesday, March 27, 2013.  Novel medical device technologies will be presented, followed by a poster and networking session.

This event is sponsored by Nutter McClennen & Fish LLP

REGISTRATION FEE INCLUDES, HOR D'OEUVRES, BEER & WINE AND OTHER REFRESHMENTS & ALSO INCLUDES ENTRANCE INTO THE M2D2 NEW VENTURE COMPETITION AWARDS ON APRIL 10, 2013 TO BE HELD AT NUTTER, McCLENNEN & FISH LLP

You also will be able to speak with current member companies and M2D2 Tenants already taking advantage of the M2D2's benefits. This Showcase Event is for Inventors, Entrepreneurs & Small Businesses as well as investors in the medical device industry.

This event will feature presentations and posters by the Medical Device start-up companies and inventors listed below, featuring new medical device design inventions that have been submitted to the M2D2 New Venture Competition. The presenting finalists will compete for a chance to win a total of $20,000 in M2D2 Services including: Engineering Services, Business School Services, Medical School Services and legal services from Nutter McClennen & Fish LLP.  Come see the new medical device ventures that will be showcased. 

REGISTRATION FEE UNTIL MARCH 15: $20.00
REGISTRATION FEE AFTER MARCH 15: $30.00

For more information on how to register and the presenting companies please go to our website at www.uml.edu/M2D2 and navigate the the events page or phone us at 978-934-3465.

Sponsored by Nutter McClennen & Fish LLP

$20K in Prizes

Presents

Medical Device Design and Business Development For Entrepreneurs Course

An Open House to Celebrate Corporate Partnerships and the Opening of This New Research Building

When: Thursday, November 15th

Time: 3:00-6:00PM

--WELCOME ALL ALUMNI, FRIENDS AND CORPORATE PARTNERS--

January 29-March 19, 2013

6:00-8:30 p.m.

(This course will run every Tuesday evenings of each week for 8 weeks)

The purpose of this course:

• To provide aspiring entrepreneurs with a valuable toolbox of concepts
• Networks for advancing their medical device design
• Development process
   

Jill S. Murthi, UMass Lowell CVIP

Robert Benson, South Shaker Associates

Wednesday, November 7, 2012

5:00-7:00 p.m.

This presentation will focus on the following topics:

• Finding and evaluating intellectual property to license from universities
• Negotiating licenses with universities
• What terms universities can and cannot compromise on 

Come Join Us!

Minimum Qualifications: Bachelor's degree in science, engineering, management

or equivalent; three years of related experience in project management and

fundraising from the private or public sectors.

To view the full job description and apply, please visit http://jobs.uml.edu.

Please submit a resume, cover letter, and the names and contact information

of three references. Review of applications will begin on October 1, 2012 and

continue until the position is filled. However, the position may close when an

adequate number of qualified applications are received. Thank you for

considering the University of Massachusetts Lowell as an employer of choice.

We look forward to receiving your application.

The University of Massachusetts Lowell is committed to increasing diversity in its faculty, staff, and student populations, as well as curriculum and support programs, while promoting an inclusive environment. We seek candidates who can contribute to that goal and encourage you to apply and to identify your strengths in this area.

(Lowell Sun courtesy photo)

On July 13, 2012, Representative Niki Tsongas visited M2D2.  Representative Tsongas toured the M2D2 Innovation Hub and spoke with the M2D2 Innovation Hub tenants regarding their research.  More pictures of Representative Tsongas’ visit to M2D2 can be found by visiting the UMass Lowell Photo Gallery at the following link:

http://web.uml.edu/gallery/index.php/Events/Rep-Tsongas-Tours-M2D2-Incubator-7-13-12?page=1