Guest Podcast- Navigating the MedTech Valley of Death with Aidan Petrie, co-founder NEMIC
OCTO Product Development and Justin Sirotin released the newest episode of the Beyond Innovation podcast- with our own Aidan Petrie. Justin and Aidan discuss what it actually means to "navigate the valley of death", alongside some of the many facets of Med Tech innovation.
15-Year-Old Entrepreneur Creates Wearable Device for Raynaud's Disease
HotBandz is a startup creating a wearable warming device that will combat the painful and disabling blood circulation problem that comes along with Raynaud's Disease. HotBandz’s heated band wraps around the forearm and raises the temperature of the small arteries in the inner forearm. This promotes free circulation to return, all while having full use of the hands and fingers. HotBandz will give those with Raynaud’s Disease a convenient and cost-effective method of symptom management.
Fellow Spotlight: Lura Health
Today we're highlighting a longtime program fellow of ours, Lura Health.
Lura's mission is to provide everyone with continual streams of critical health data, anytime, anywhere, to prevent health emergencies, manage chronic diseases, and achieve health goals.
Saliva is an incredible diagnostic fluid and is used to test over 1,000 health conditions. However, there is no way to continually analyze saliva as it relies on one-time sampling and lab analysis.
How Fintech is Lowering the Cost of Healthcare by MagpieX Med Tech Ventures
There is a movement of Fintech startups that have broken out of their sector to fight the high costs of healthcare in the United States.
Part of what makes the American healthcare system so expensive is the reliance on a fee-for-service (FFS) model of healthcare provision. A doctor provides a service such as prescribing a drug, test, or procedure and then receives payment. Healthcare industry experts point at the FFS model as the reason behind the over-prescription of tests, procedures, and drugs.
NEMIC’s Mid-Summer Recap
As we head into the strategy season for education-focused groups like NEMIC, we took a moment to reflect on the past year which has seen unplanned, but significant progress for our Med Tech community.
NEMIC Foundation Welcomes New Board Member, Hope Hopkins
The NEMIC Foundation is excited to announce that Hope Hopkins, has been appointed to our board of directors.
NEMIC Foundation Welcomes New Board Member, Anne Schmults
The NEMIC Foundation is excited to announce that Anne Schmults, has been appointed to our board of directors.
21 Rhode Islander’s Graduate from NEMIC’s Med Tech Leadership Program in Partnership with Back to Work; Program Concludes with an Educational Pitch Night
Providence, RI - May 20, 2021 – The 2nd cohort of NEMIC’s Med Tech Leadership Program participants graduates after educational pitch event on Monday evening, May 18th.
The Med Tech Leadership Program is NEMIC’s signature educational program designed to teach innovators, entrepreneurs, industry, clinicians, investors, and anyone interested in learning a holistic view of regulated medical technology development, best commercialization practices, and business leadership for regulated medical technologies.
Press Release: Rhode Island based startup, Lenoss Medical raises $1.3 million to launch new spinal technology challenging the osseous healing paradigm
Providence, RI – May 5th, 2021 – Lenoss Medical, a biomedical start up focused on physiological repair of osteoporotic spinal fractures has raised $1.3 million in a seed funding round from Cherrystone Angel Group, Slater Technology Fund, Walnut Ventures, Beacon Angels, River Valley Investors, Magpie Neurosurgical Innovation Fund and Mr. Hansjoerg Wyss.
NEMIC Fellow News: ResusciTech, in partnership with Fitness Mentors, to bring game-changing CPR training technology to the fitness industry
Providence, RI: Today, ResusciTech is pleased to announce its partnership with Fitness Mentors to facilitate access to online CPR training and certification.
Hacking Solutions for At-risk Individuals: COVID-19 Response Hackathon Weekend 2 Recap
This past weekend, March 12-14, 2021, NEMIC hosted our first virtual COVID-19 Innovation Response Hackathon. Devised to solve the challenges created by the COVID-19 Pandemic to best prepare Rhode Island and our country for the next pandemic or healthcare crisis.
COVID-19 Response Hackathon Weekend 1 Recap: Social Isolation + Emotional Health Solution Wins 1st Place
This past weekend, March 12-14, 2021, NEMIC hosted our first virtual COVID-19 Innovation Response Hackathon. Devised to solve the challenges created by the COVID-19 Pandemic to best prepare Rhode Island and our country for the next pandemic or healthcare crisis.
NPR on NEMIC Fellow, Asthenis: A drive to vaccinate in hard-hit Central Falls, R.I.
Since Rhode Island's first community vaccination drive began in Central Falls, about 15% of the city's residents have received their first doses of vaccine. That’s compared with 9% of residents statewide.
Designing on the Front Line: Vaccination Distribution with NEMIC Activate Fellow, Asthenis
At the end of 2020, NEMIC was asked by Dr. Eugenio Fernandez of the Asthenis Pharmacy, a NEMIC Activate Fellow, to help build out a COVID-19 vaccination delivery program in Central Falls, Rhode Island.
StartUp Health Blog: Meet MOCINGBIRD, the Startup Taking the Pain Out of Clinician Licensing
NEMIC Fellow MOCINGBIRD is now apart of the StartUp Health Community: Maintenance of Certification (MOC) is a frustrating exercise for doctors and nurses and creates risk for hospitals. This physician-founded startup is bringing all the pieces under one roof for a seamless, transparent experience that fights burnout and ultimately improves patient care.
RI Inno: New medtech accelerator MagpieX launches in Providence
By Rowan Walrath - Inno Associate Editor
Early-stage medtech ventures in New England now have an accelerator catered exclusively to them: MagpieX, a Providence-based program that just launched in partnership with the New England Medical Innovation Center (NEMIC).
We're Hiring! Join the NEMIC Team as a Project Coordinator
We are hiring! Join our team as a Project Coordinator to support the implementation of our upcoming programs for Med Tech entrepreneurs, innovators, executives, startups, and more!
Registration Now Open: Digital Health Accelerator
Applications are now open for our Digital Health Accelerator, in partnership with the Brown-Lifespan Center for Digital Health, is an intensive business accelerator program created to support digital health solutions which have come to the forefront of innovation due to the COVID-19 Pandemic. We are looking for startups who are utilizing technologies like machine learning, artificial intelligence, telemedicine, and digital therapies that are being developed here in Rhode Island.