University of Cincinnati Start-up Company Opportunities NCET2/Global 1000 Conference March 19, 2014 Dorothy H. Air, PhD Associate Vice President Entrepreneurial Affairs & Tech Commercialization dorothy.air@uc.edu
University of Cincinnati Technology Commercialization • Technology Commercialization Accelerator – Newly launched one-stop resource for translating scientific breakthroughs into market opportunities – Provides: • Commercialization Gap Funding • Entrepreneurs-in-residence to evaluate and guide commercialization work • External Advisory Board to assist in opportunity assessment and connections to external resources • Intellectual Property functions aligned with commercialization potential
Opportunity Base Research Intensive University $227 Million Research Expenditures 2010 2011 2012 2013 Invention 82 106 123 98 Disclosures Patent 50 70 75 95 Applications Patents 16 11 20 17 Issued Start-up 7 3 6 2 Activity
Research and Innovation Strengths Partial list . . . Nanotechnology Water Quality Biotechnology Sensors and Controls Cybersecurity Intelligent Autonomous Imaging Systems Tissue Engineering Sustainable Urban Medical Devices Engineering Diagnostics and Therapeutics Robotics Cancer Biology Microfluidics Cardiovascular and Pulmonary Microfilms Biology Immunobiology BioMEMS Neuroscience Semi Conductors Molecular Genetics Energy Systems Environmental Health Power & Propulsion Gastrointestinal Biology Industrial Design
SENSE Diagnostics, LLC • Company Summary: – Early stage start-up neurotechnology company developing a medical device for Sensor Evaluation of Neurologic Status in Emergencies (SENSE) in response to a large unmet market need. • Product: – A non-invasive radio frequency based device that detects sudden signal changes in brain status in seizures, hemorrhage, or increased brain swelling. • Competitive Advantages: – 1st non-invasive, continuous device monitor – Portability for use in field, OR, ED, patient room – Low cost and greater effectiveness than CT, EEG, BIS and MEG – Potential major health care savings through • Immediate change identification to mitigate disabling patient outcomes • Ease of use (no reliance on correct wire lead placement, ionizing radiation or highly-trained experts) • IP : pending US and EP applications • Funding Status: $170,000 University and NIH NIBIB Grants; Raising 1 st capital round
Gamma Dynamics • Company Summary: – Early stage start-up company focused on electrofluidics-based display products, with 4 platforms demonstrated and under development • Product: Electrofluidic display technology for various e-Paper applications such as – eBook readers. Also applications for store product labels and signs • Competitive Advantages – High brightness and optimal readability in direct sunlight. – Flexible, even rollable/foldable displays allowing large i-Pad type screen sizes to be stored with the pocket size of a smart phone. – Full color and video capabiklity. Since the displays – No backlighting with extremely low – no heavy batteries • Patent Status: 3 pending & 3 issued US patents, 2 allowed US applications • Funding : $3,043,165 federal & $043,165 non-federal funding; raising A round
Eccrine Systems, LLC • Company Summary: – Early stage start-up focused on technology for real-time capture and analysis of eccrine sweat via wearable sweat sensor – Strategic “vertical” business model for maximum horizontal positioning across markets with vertical segment preservation for maximum economic potential. • Product: Wearable microfluidics and flexible electronics sensor that enables the real-time capture, sensing, measurement, and wireless communication of biomolecules to smart phones and other reporting devices for monitoring status of multiple physical conditions. • Competitive Advantages: – Novel approach for measuring biomolecules – Applicable to 3 huge markets: elite performers, medical diagnostics, consumer lifestyle management. (Potential $2B global market) – Proof of concept, 4 platforms demonstrated, and prototype established – Low manufacturing Cost • IP: pending provisional and PCT applications • Funding Status: $850,000 in non-dilutive funding; Raising Seed-Round
OsteoDynamics, Inc. • Company Summary: – Start-up company developing diagnostic device that measures bone quality enabling better identification of patients at risk for osteoporosis- related fractures than is possible through bone mineral density measures. Prototype and clinical validation data completed. • Product: – A device and related software to measure Bone Shock Absorption energy in mild shock waves from normal activities (walking, foot tapping) • Competitive Advantages: – Significant health care savings through more effective determination of and treatment recommendations for osteoporosis related bone fractures – Low cost technology and easy patient access – Portability and ability to use in standard patient examining room • Patent Status: pending US application • Funding: $160,000 grant awards; $286,050 founders and convertible notes; Raising $1.4M to take through FDA approval
Contact OEATC Web Address: ht t p://ipo.uc.edu Available Techs: http://ipo.uc.edu/tech http://twitter.com /oeatc Twitter: Phone: (513) 558-6293 Dorothy H. Air, PhD Associate Vice President, Entrepreneurial Affairs and Technology Commercialization dorothy.air@uc.edu
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