PhotoniCare took home first place at the 7th Annual Insight Product Development 2019 HealthTECH Startup Competition. The annual competition, sponsored by Insight Innovation Center – Chicago, MATTER, and iBIO, brings together a mix of healthcare industry and community stakeholders. The program aims to achieve the following goals:
- Improve lives by bringing innovative health solutions to patients
- Encourage entrepreneurship in the healthcare industry
- Grow the medical innovation ecosystem
- Connect investors and corporations with early-stage companies
The competition included 10 finalists, selected based on a competitive application process, which came together on November 14th in Chicago, Illinois, to each give a five-minute startup live-pitch – PhotoniCare took first place! Tivic Health followed in second place, with Rhaeos in third, and CareBand took the People’s Choice Award.
Ryan Nolan, PhotoniCare’s VP of Clinical Operations and Co-founder, gave the pitch and Mike Shaughnessy, PhotoniCare’s VP of Sales & Marketing, was also present to accept the $25,000 award.
“Participating in the HealthTech Startup Competition with such impressive competition was an amazing opportunity!”, commented Nolan. “On a night where so many innovative medical technologies were featured, I’m honored by the first place award. Thank you to all the sponsors for such a fun event. And thank you to all our partners for supporting our mission to provide superior ear infection diagnosis for the ~20 million annual U.S. patients suffering with this disease.”
Check out the full event recap as posted by the Insight Innovation Center here.