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Transformational Competitors Advance to the Finals of the Inaugural Diabetes Innovation ChallengeT1D Exchange, an organization dedicated to accelerating research and improving outcomes in type 1 diabetes, and M2D2, a joint venture of the University of Massachusetts Lowell and Worcester campuses that incubates medical device start-ups, named the eight challengers who will compete in the finals of the inaugural Diabetes Innovation Challenge, an open, global competition to identify and accelerate transformational advancements in diabetes research and care. Featuring four early-to-preclinical stage and four late stage projects, the participants will present to an expert panel of judges on October 20, 2016 at the Royal Sonesta Boston in Cambridge, Massachusetts. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161013006109/en/ The early-to-preclinical stage finalists include:
"This competition has done exactly what we hoped it would do - help introduce new and innovative solutions in diabetes to audiences seeking to support and develop these innovations including venture capitalists, industry, academia, foundations and nonprofits. We had 60 initial applicants whose projects surpassed our expectations; we narrowed that group down to 26 semi-finalists and with the finalists now chosen, we are especially eager to learn more about the projects put forth by our finalists," said Dana Ball, executive director and co-founder of T1D Exchange. "The need for solutions that improve quality of life and care of people living with diabetes is tremendous. This type of incentive challenge has helped catalyze interest, experience and investments to accelerate development of innovations that can ultimately improve outcomes." On Thursday, October 20 a panel of expert judges will choose two winners who will be awarded up to $150,000 cash or in-kind services provided by T1D Exchange and M2D2, and supported by a number of sponsors including lead sponsors American Diabetes Association (ADA) and JDRF. The winners will be announced during the finals event and will present at the close of the T1D Exchange Annual Meeting, Innovations in Care, on Friday, October 21 at the Royal Sonesta Boston, in Cambridge, Massachusetts. The finalists include four regional startups; QSM Diagnostics (Somerville, MA), Windgap Medical (Somerville, MA), Admetsys (Boston, MA) and Prosonex (Hudson, NH). Other finalists are from Maryland, California and demonstrating the global nature of this challenge, the United Kingdom.
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