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Biolocity Selects 5 Promising Technologies for New Round of Funding and Support
Posted September 9, 2021

 

 

The Biolocity program has selected five patient-focused technologies for its new cohort of Biolocity Launch, a year-long collaboration that helps faculty members commercialize their innovations.

The program includes mentoring from business advisors, project management support, and funding to accelerate technology development and reach commercial milestones. Housed in the Wallace H. Coulter Department of Biomedical Engineering, Biolocity is open to all faculty at Emory University and Georgia Tech.

“We are fortunate that, despite the pandemic, there is a rich pipeline of promising patient-impacting technologies being developed at Emory University and Georgia Tech,” said Courtney Law, managing director of Biolocity. “This year’s applicant pool was competitive, and the projects selected to be a part of this cohort have a strong potential for commercialization. These innovators are passionate about improving human health, and we are excited to work with them to advance their technologies toward the market.”

 

Three of the five teams selected for the new cohort of Biolocity Launch, a year-long collaboration that helps faculty members commercialize their innovations. (Image Courtesy: Biolocity)

 

Biolocity selects projects through an annual, multi-stage application process that provides university innovators with the opportunity to receive pitch coaching, market assessments, and competitive analysis to cultivate commercial success. Faculty members work with entrepreneur advisors to de-risk their technology through each application stage with the final cohort determined by an oversight committee of venture capitalists, entrepreneurs, clinicians, biomedical engineers, and university technology transfer experts.

Since 2015, the program has awarded more than $8.7 million across 58 projects, generating more than 10 times that much follow-on investment.

This year’s cohort includes:

  • Agrithera: A therapeutic strategy to overcome the pharmacological drawbacks of cannabidiol (CBD) for epilepsy treatment by creating precursor molecules that metabolize to CBD in the body. Principal Investigators: Dennis Liotta, Ph.D., and Stephen Traynelis, Ph.D. (Emory University).
  • NiPro: A customized nipple prosthesis with a subcutaneous anchoring system to help patients with body image issues after breast reconstruction. Principal Investigator: Nick Boulis, M.D. (Emory University).
  • Sanicka: A clinical decision support tool to aid treatment selection and optimization for leukemia patients. Principal Investigators: Ana Quiroga, Ph.D., and Sakis Mantalaris, Ph.D., (Georgia Tech); Nicki Panoskaltsis, M.D., Ph.D. (Emory University).
  • Sleep Monitoring Biopatch: A soft, wearable biosensor patch and accompanying software to enable at-home sleep testing. Principal Investigators: Hong Yeo, Ph.D. (Georgia Tech) and Paul Zolty, M.D. (Piedmont Hospital).
  • Urearetics: A novel mechanism to treat uremic pericarditis and pericardial effusions in chronic kidney disease patients by inhibiting urea transport. Principal Investigators: Jeff Sands, M.D.; Janet Klein, Ph.D.; and Xiaonan Wang, M.D. (Emory University).

 

This is the first year that project funding for Biolocity has been expanded through a gift to the Emory School of Medicine from John and Rosemary Brown. They established an innovation-to-market fund to take a multi-pronged approach to advancing new technologies, including support for Biolocity.

“We are grateful for the generosity of the Brown Innovation Fund, which has allowed us to expand our commercialization support of technologies at Georgia Tech and Emory University. The Brown family’s vision to build partnerships across campuses allows us to continue our goal to support human health innovation at both institutions,” Law said.

Learn more about Biolocity’s approach and portfolio at biolocity.org.

 

Contact

Joshua Stewart
Communications
Wallace H. Coulter Department of Biomedical Engineering

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