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Fellow Spotlight: Lenoss Medical

Lenoss Medical has entered the scene to introduce a disruptive new method of vertebral body augmentation. Lenoss Medical is a start-up with an innovative, biological bone implant technology for the treatment of painful spinal fractures. When natural, biological bone implants are used in weak, fractured vertebrae, a regenerative process can occur: new bone building, and repair of the fractured vertebrae may occur.

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NEMIC on the News- Local 15-year-old with Raynaud's Disease unveils invention to battle disorder

PROVIDENCE, R.I. (WLNE)- Anthony Wilds, a 15-year-old from Pawtucket, has created his own invention to alleviate his almost constant symptoms of Raynaud’s Disease.

Alongside the New England Medical Innovation Center, the sophomore at the Metropolitan Regional Career and Technical Center unveiled his product known as “HotBandz.” This product serves as a heated band wrapped around the forearm and promotes circulation in the extremities.

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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.

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Blog Blog

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.

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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.

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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.

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Press Release Press Release

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.

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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.

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