Design and IP

Restorative Physiology ( sister Company to DeLegge Medical) Takes Prize

December 7, 2009

ThinkTEC Connect Now Monthly  Starting in January 2010 the ThinkTEC Connect will become a monthly publication and will be showing off a new look for its readers.  The new layout will allow readers to enjoy a ThinkTEC member profile section as well as updated news from our region and articles of interest.  In order to make sure that ThinkTEC Connect readers stay connected as possible, when needed we send ThinkTEC Alerts regarding important local, regional and statewide knowledge based industry news. Local Companies Receive Top Honors at SE Bio Investor Forum Two companies received major recognition at the SE Bio Investor Forum, held last week in downtown Charleston.  The event is one of the nation’s premier life sciences venture capital forums, connecting investors with the Southeast’s most promising companies. Mount Pleasant based Ion Surgical Technologies was the winner of the “Early Stage Shootout,” a competition where senior venture capitalists judge early stage companies on the quality of their presentation, the viability of their venture, and the overall fundability of the opportunity.  The company has created new methods and products for arthroscopic ACL and rotator cuff repair as well as an interactive e-commerce distribution system. The big winner was Restorative Physiology Group, a North Charleston company that is actively engaged in the design and development of minimally invasive implantable devices for treating diseases of the human spine. The company’s proprietary Thermal Method™ technology makes it possible to implant surgical devices that are significantly larger than the access required to place them.  The company was the winner of the Bio/Plan Competition and received $100,000 to develop the technology.  Founder and inventor, Dr. Michael Kitchen was also a winner this past February in the bio-science category of the New Ideas SC contest. Four other South Carolina life science companies were chosen to present last week.  They include Immunologix, Kiyatec, MicroVide and EpiEP. Congratulations to all participants and winners!

Restorative Physiology is finalist in SeBio 2009

copied from SeBio.org

 

Click here to read about the 2009 Semi-Finalists

Southeast BIO (SEBIO) presents the annual BIO/Plan Competition. This year-long program has been designed and developed to help foster the creation of new, venture-attractive life science companies based in the Southeast. Working closely with tech transfer offices and entrepreneurs throughout the region, the competition seeks out and pulls forward opportunities from our region's research universities, research centers and existing entrepreneurs.

Both the 2007 winner, Triptcor Pharmaceuticals from Emory University, and the 2008 winner Cerene Biomedics (Raleigh, NC), have received unprecedented levels of interest from the venture community following their selection and are now well positioned to launch the enterprise with significant backing. Other participants in the program report similar interest from the investment community and express confidence going forward as they now possess a fully-vetted, professionally-developed business strategy and accompanying written plan. Future participants can expect even greater interest in their opportunity as the BIO/Plan Competition is now recognized as one of the premier venture development programs in the Southeast.