The NEMIC Foundation has just wrapped up another program with one of our earliest global partners, ActnerLab. Located in South Korea, ActnerLab is a business incubator and entrepreneurship education hub for Korean hardware startups with the goal of international expansion.

Last night, the NEMIC Team held a gathering to celebrate the end of the program, and 5 teams pitched the projects that they've been working on.

With all that we do here at the NEMIC Foundation, it's sometimes hard to put it all into words. So, we made a video!

Well, not all on our own. We got some help from our talented friends.

When you donate to the Foundation for the New England Medical Innovation Center, you support innovators and entrepreneurs in Med Tech.

Ultimately, we help usher technologies to market so that they achieve their visions; which include advancing the patient and caregiver experience, creating more environmentally sustainable solutions, improving outcomes, mitigating risks, reducing costs, and much more.

BARBARA MORSE: There's a new -- first and only one-of-its kind -- implant to treat spine fractures.

This idea was hatched in Rhode Island, through a collaboration that encourages the creation of new medical technology. It's called the New England Medical Innovation Center in Providence.

It was there that a man with both mechanical engineering and a business degree came up with what could revolutionize the way spine fractures are repaired.

"The very first one was done in 2019 and that one actually was in Oklahoma," said Dom Messerli, founder of Lenoss Medical, and the developer of this new device. "It's the first and only biological solution to treat those spinal fractures."

When an infant under four weeks of age shows a fever, the standard of care is a spinal tap to rule out Meningitis. This infection is dangerous, and delays in diagnosis can lead to an extended hospital stay or even death. The traditional constraint method consists of physically holding the baby in a 'crunched' position during the spinal tap procedure, which requires several people to keep the baby perfectly still while the tap is administered.

Aurie has built technical prototypes of the catheter system and tested them in microbiology labs at the University of Notre Dame and conducted human factors testing of interactive prototypes with catheter users in Houston, TX. The startup has received several grants to support its vision, including from the National Science Foundation (NSF) and the National Institute of Disability, Independent Living and Rehabilitation Research.

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.

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.

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.

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.

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.

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.

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.

The NEMIC Foundation is excited to announce that Hope Hopkins, has been appointed to our board of directors.

The NEMIC Foundation is excited to announce that Anne Schmults, has been appointed to our board of directors.

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.

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.

Providence, RI: Today, ResusciTech is pleased to announce its partnership with Fitness Mentors to facilitate access to online CPR training and certification.