Hoping to give a boost to startups with innovative medical technologies that show promise for improving patient care, Mayo Clinic and Arizona State University have selected six firms for their inaugural MedTech Accelerator program.
The companies, including makers of wearables, apps and monitoring devices, each paid $50,000 to join the accelerator at Mayo Clinic’s Arizona campus. In return, they receive training and guidance on optimizing new products and services, licensing intellectual property and sponsoring research and clinical trials. They also leave the program with personalized business plans to collaborate with Mayo Clinic and ASU, as well as accelerated go-to-market investment opportunities.
The inaugural class of startups includes:
- BioInteractive Technologies, which produces a wearable device and protocols for hand and wrist therapy for sports medicine rehabilitation.
- GYANT, which combines messaging, artificial intelligence and medical experts to radically improve the diagnosis and treatment of nonurgent conditions.
- Hexoskin, which produces a wearable shirt for in-home rehabilitation that contains embedded sensors connected to a remote patient-monitoring platform. The technology behind the shirt uses AI and analytics from collected biometric data.
- Life365, a remote patient-monitoring company that is working to evaluate patient adherence to care plans in post-acute settings.
- Safe, a sexual health application that provides low-cost testing, information sharing and relevant wellness education.
- Securisyn, which makes a medical device to provide airway stability for ventilated patients to prevent unplanned extubations.