The accelerator will help early-stage medtech companies develop and perfect new products, license intellectual property and sponsor necessary research and studies. The six startups will pursue their goals through personalized development plans, an entrepreneurship curriculum, mentoring and consumer interactions.
After their time in the program, which began on April 22, participants will have created business development plans in partnership with ASU and Mayo Clinic. They will also have access to accelerated investment and marketing opportunities.
Both ASU and Mayo Clinic have sponsored startup development programs in the past, but the MedTech Accelerator marks their first joint accelerator.
Here are the six members of the inaugural cohort of the MedTech Accelerator, along with the products and services they are creating, per Mayo Clinic and ASU.
1. BioInteractive Technologies (Vancouver, Canada) produces wearable devices and protocols for hand and wrist therapy for sports medicine rehabilitation.
2. GYANT (San Francisco) combines messaging, artificial intelligence and medical experts to radically improve the diagnosis and treatment of conditions that are not urgent.
3. Hexoskin (Montreal) produces a wearable shirt for in-home rehabilitation that contains embedded sensors connected to a remote patient monitoring platform. This technology behind this shirt uses AI and analytics from collected biometric data.
4. Life365 (Tempe) is working to evaluate patient adherence to care plans in post-acute settings.
5. Safe (Los Angeles) a sexual health application, provides low-cost testing, information sharing and relevant wellness education.
6. Securisyn (Highlands Ranch, Colo.) produces a medical device that provides airway stability for ventilated patients to prevent unplanned extubations.
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