$100K Challenge A Good Fit For Diabetes Start-Ups

M2D2 at UMASS ACCEPTING APPLICATIONS FOR THEIR 5th ANNUAL COMPETITION, THE $100K CHALLENGE

Admetsys, a start-up company developing an artificial pancreas and a prior year M2D2 winner, shares their experience and the advances and connections they were able to make as a result of the M2D2 competition.

Brian of Mass Device interviews Jeff Valk, CEO of Admetsys here: http://www.massdevice.com/an-artificial-pancreas-for-hospital-and-surgical-care-the-admetsys-story/

We invite you to apply to this funding opportunity. The extended deadline is February 7, 2016. Complete information and application is here: http://bit.ly/100KChallengeM2D2

Any questions, contact Mary Ann at maryann_picard@uml.edu or (978)934-3403M2D2 Advancing med device biotech innovations

M2D2 Announces Regulatory & Quality Solutions as Newest Platinum Sponsor

M2D2 is pleased to announce that Regulatory & Quality Solutions (R&Q), a team of regulatory and quality experts with global headquarters in Pennsylvania and local offices in Boston and Cleveland, is the newest platinum corporate sponsor.

R&Q
provides integrated quality and regulatory consulting solutions to medical
device companies ‘ including start-ups. They support the lifecycle of medical
devices from conceptual development through post-market surveillance, providing
solutions that accelerate the success of medical device companies and improve
people’s lives.
As you can see in the video clip (pic.twitter.com/QnLhSrC56B),Christine Santagate and Theresa Miles from R&Q wasted no time participating in an M2D2 event and interacting with resident companies. Christine was a contestant and Theresa was a judge in M2D2’s recent “Family Feud” business panel event sponsored by both Duane Morris LLP and MPR Product Development.
More information about R&Q can be found at www.rqteam.com. M2D2 is a joint project between UMass Lowell and the UMass Medical School. More information about M2D2 can be found at www.uml.edu/m2d2 or by sending an inquiry to M2D2@uml.edu.

Working with Consultants to Grow Your Company – 09/30

Wednesday, September 30, 2015
5:00pm – 8:00pm

to be held at

M2D2 @ Canal Street
Massachusetts Medical Device Development Center (M2D2)
110 Canal Street, 4th Floor, Lowell MA 01852

Presented and Sponsored by Sheehan Phinney Bass & Green PA

The use of consultants
by start-up companies is widespread. This seminar will discuss when using
an independent contractor or consultant is appropriate, considerations when
using consultants, and potential pitfalls that can arise. This dynamic
presentation will have ample time for questions, and we encourage an
interactive dialogue.

This Event will be presented by Attorneys of the business law firrm Sheehan Phinney Bass & Green PA and will include the following topics.

  • “Consultant Agreements”, presented by Alexander H. Pyle
  • “Non-Competes and Non-Solicitation Agreements”, presented by John H. Perten
  • “Classification of Employees vs. Consultants”, presented by Karen A. Whitley
  • “Preserving Your Intellectual Property Rights”, presented by William P. O’Sullivan

Registration Fees

Registration Fee 09/30/2015: $30.00

For More information including descriptions of these talks, Agenda and Registration please follow the link below!

More Information/Register for Event

M2D2 @ 110 CANAL STREET – OPEN HOUSE, NETWORKING EVENT & FAMILY FEUD

Thursday, September 10, 2015
5pm – 8pm

M2D2 has expanded and is having an Open House along with a Family Feud Business Networking event to show off our new light and bright, fully equipped shared lab facility, at 110 Canal Street in Lowell MA, we are ready to welcome many more medical device and biotech start-up entrepreneurs!

In addition to our open house two teams will compete in a Family Feud Style event to name the most popular responses to survey questions about start up companies!
So come network with Industry Partners, IP Experts, Product Development Experts, Investors and more and help us celebrate this exciting time with networking opportunities, pizza & light refreshments (including beer & wine), as well as lab tours, poster previews of Medical Devices, biotech and technology of several Medical Device start-up companies that have and are being helped by M2D2.

Please join M2D2 at 110 Canal Street, Lowell MA along with our event sponsors Duane Morris LLP and MPR on September 10 from 5-8pm for a Family Feud Style Business Networking Event and Open House!

M2D2 at 110 Canal Street is an 11,000 square foot center is made up of a fully-equipped, shared lab facility that can house 50 researchers and also includes plenty of co-working and meeting spaces. Add in parking and its close (3-block, 7-minute walk) proximity to the MBTA commuter rail, and you have the perfect new home for Boston start-ups!

Agenda
Open House & Networking: 5:00 – 6:30pm
Family Feud: 6:30 – 7:00pm
Lab Tours & Networking: 7:00 – 8:00pm


REGISTER NOW!

Your registration fee includes Pizza, Beer & Wine

Registration Fee until August 28: $10.00
Registration Fee until September 1: $20.00
Registration Fee September 10: $30.00

M2D2 Welcomes First Resident Company to New Biotech Center

M2D2 is pleased to welcome KnipBio as the first resident company in their new biotech center located in the Freudenberg Building at 110 Canal Street in Lowell MA. KnipBio is working on a novel human health and aquaculture technology.

The 11,000 square foot center is made up of a fully-equipped, shared lab facility that can house 50 researchers and also includes plenty of co-working and meeting spaces. Add in parking and its close (3-block, 7-minute walk) proximity to the MBTA commuter rail, and you have the perfect new home for Boston start-ups!
Start-up companies and entrepreneurs utilizing M2D2’s new center will have access to all UMass Lowell and the UMass Medical School in Worcester have to offer. Engineering, prototyping, clinician review, animal trials, clinical trials, business mentoring, and partnerships with investors are all available at their fingertips.
More information and tours are available by contacting M2D2@uml.edu; telephone (978)934-3465.
IMG_0425.JPG










KnipBio’s CEO Larry Feinberg (L) and M2D2 Director Steve McCarthy (R) prepare for the move

IMG_0408.JPG











KnipBio’s lead scientist Catherine Pujol-Baxley (L) and CEO Larry Feinberg (R)

IMG_0424.JPG










KnipBio’s COO, Jessica McLear, helps with the move

IMG_0421.JPG
















The KnipBio team moving in. They are all thumbs-up about their new home!

M2D2 Countdown is On!

Best not to say “ready for blastoff” when referring to a lab facility!

So let’s just say crews are putting the finishing touches on M2D2’s brand spanking new, light and bright, fully equipped shared lab facility in Lowell MA. Within a few short weeks M2D2 will be ready to welcome many more medical device and biotech start-up entrepreneurs.
Banners.jpg
IMG_0308.JPG
IMG_0305.JPG
IMG_0314.JPG
IMG_0318.JPG
Among the features are:
  • Lab space
  • Lab equipment with maintenance & tech support
  • Lab training & EHS compliance
  • Waste removal
  • Access to UMass Medical School resources
  • Access to UMass Lowell business, engineering & prototyping resources
  • Secure access
  • Parking
  • Easy access to MBTA Commuter Rail
  • Conference rooms & meeting spaces
  • Co-working area
  • Internet
  • Kitchen cafe area
  • Educational programming for start-up companies
We can’t wait to show you this new lab facility less than 30 miles from Boston!
Rates have been set and tours are available. Be in touch by email at M2D2@uml.edu or by telephone (978)934-3465.

M2D2 Participates in NH Governor Maggie Hassan Visit

M2D2 was pleased to participate when New Hampshire Governor Maggie Hassan paid a visit to platinum corporate sponsor Omni Components recently.

Omni Components, located in Hudson NH, is a manufacturer of medical devices and other precision machined products. Governor Hassan was interested to learn firsthand of Omni’s recent improvements in workforce and career development, energy consumption, streamlined manufacturing processes, and work environment.
During her tour of the plant, Governor Hassan learned about Omni’s “green” initiative with efforts to reduce waste. She also learned about their installation of state-of-the-art air cleaning machinery for air quality and employee comfort. During the roundtable discussion that followed, Governor Hassan fielded questions from the audience and learned more about Omni’s support of M2D2 and UMass Lowell. Omni is a supporter of UMass Lowell by hiring student interns from the university’s engineering faculties. Omni is also a big supporter of M2D2 by seeking to work one-on-one with associated start-up companies in all aspects of their entrepreneurial endeavors.
Steve Mary Ann tour.jpg
Plant tour at Omni Components in Hudson NH
Governor tour2.jpg




Governor Hassan speaks with Omni employee about recent air quality improvements
Frank Gov MAP Steve M.jpg
L to R: Frank Stone, CEO of Omni Components; Governor Maggie Hassan; Mary Ann Picard, Associate Director of M2D2; Stephen McCarthy, PhD, Director of M2D2 at UMass Lowell

M2D2 Lowell High School Partnership to be Featured on Boston TV

Boston’s WBZ TV-4 will feature the M2D2 Lowell High School Partnership Program during its weekly student segment next Monday, May 11th at 5:00.

Paula Ebben of WBZ interviewed the LHS honors level students involved in the program, UMass Lowell intern Kreg Kaminski who leads the curriculum and Stephen McCarthy, PhD, Director of the Massachsetts Medical Device Development Center at UMass Lowell.
Tune in on Monday to hear more about this unique partnership which introduces high school students to the world of medical device invention and the business path to commercialization.
IMG_2577 (2).jpg
Paula Ebben of WBZ TV-4 interviewing students in the M2D2 Lowell High School Partnership Program
IMG_2578 (2).jpg


Paula Ebben of WBZ-TV4 interviewing UMass Lowell intern Kreg Kaminski
IMG_2583 (2).jpg
Paula Ebben of WBZ-TV4 interviewing Stephen McCarthy, PhD, Director of M2D2

M2D2 To Open Fully Equipped Shared Lab Space June 1st

The countdown is on! M2D2 is growing and we couldn’t be more excited! In just a few short weeks we will open an additional center with fully-equipped shared lab and collaborative space.

M2D2 will provide:
  • Lab space
  • Lab equipment with maintenance and tech support
  • Lab training & EHS compliance
  • Waste removal
  • Access to UMass Medical School resources
  • Access to UMass Lowell business, engineering, & prototyping services
  • Secure access
  • Parking
  • Easy access to MBTA Commuter Rail
  • Conference rooms
  • Event space
  • Internet
  • Kitchen
  • Educational programming tailored to life science start-up companies
Lab.jpg

Lab2.jpg

Flex rooms.jpg

Reception area.jpg

After all these months of planning and construction, we can’t wait to welcome even more early stage med device and biotech innovators!
Take a look at the photos for a quick peek then send an email or give us a call to tour: M2D2@uml.edu or 978-934-3465

M2D2 Contest Draws More Than 60 Startups

Medical Device Entrepreneurs Pitch Ideas

Ruth Cheng, director of strategy and innovation for Smith & Nephew, was one of six judges who questioned competitors at M2D2's venture contest.

Ruth Cheng, director of strategy and innovation for Smith & Nephew, was one of six judges who questioned competitors at M2D2’s venture contest.

04/03/2015

ByDavid Perry

Drawing more than 60 applicants from as far away as Israel, and a crowd that spilled into the hallways, theMassachusetts Medical Device Development Center‘s (M2D2) New Venture Competition was a sure sign of the program’s growth and ingenuity.

The competition, the fourth one held to date, is where innovations in medicine and engineering intersect and fledgling businesses try to find legs in the marketplace.

‘It used to be that we had a hard time getting people to come up from Boston,’ saidSteven Tello, an M2D2 director and the associate vice chancellor for entrepreneurship and economic development. ‘But now that’s not the case. I think people see the companies we’ve worked with have been successful and people have wondered, ‘Let’s see what is happening up there.’ And the Saab building (the Emerging Technologies and Innovation Center) caught people’s attention. When they saw that, they knew Lowell had all the pieces.’

M2D2, a UMass Lowell-UMass Worcester collaboration that helps entrepreneurs advance their ideas for medical device products, offers prototyping and product development help, regulatory and business development assistance as well as lab and office space.

In the venture competition, the pool of 64 applicants was winnowed down to 15 finalists, who then served up four-minute pitches to a panel of six judges, including John Kummailil (’96, plastics engineering), senior manager of corporate engineering for Boston Scientific. At stake is more than $100,000 in in-kind services from sponsors, including legal, business and regulatory support, lab and office space and more. Winners will be announced at the offices of Boston law firm Mintz Levin on April 16.

The pitches addressed a variety of illnesses and conditions, including automated glucose control (by Boston-based Admetsys) for a population increasingly riddled with diabetes, Syracuse-based Fusologics’ accelerated bone formation, Georgia-based LunaMed’s cancer tissue evaluation system and implant technology from the Israeli firm Resorbium.

Rithi Srinivas pitched Boston-based Novopyxis’ system for delivering antibiotics to treat skin and soft tissue infections. She felt well-prepared delivering her pitch to the judges.

‘Part of it is knowing the technology,’ she said later. ‘Knowing it well helps, but I practiced and practiced the presentation. I have given the talk four or five times before.’

For all the expertise and experience that came through in the presentations, all were small companies, with no more than five employees, most with just three.

In the hallway outside the Jacqueline and Edward J. Moloney Jr. Ballroom on the second floor of University Crossing, more than 30 applicants stood alongside posters of their projects. Everything from neuro-modulation for chronic back pain to an intracranial assessment was in play. Guests, each given $1 million in fake money upon entering, doled it out to those with the most deserving pitches. (One will emerge as the People’s Choice winner on April 16).

Laura Indolfi and David Ting of Panther Therapeutics pitched what they described as ‘technologies for revolutionizing the treatment of pancreatic cancer.’

‘The project started two-and-a-half years ago,’ said Indolfi. ‘The past two years have been focused on science and only in the last few months have we been doing pitches parallel with science. It is about getting funding assistance to get to the next steps.’

Ting, a clinician, who runs a lab at MIT, said that no matter how profound the science, it needs to marry with business to go from theory to market.

‘If you have a problem, you could do a lot worse than working with a bunch of MIT engineers to help solve it. But in terms of starting a company, I don’t know how to do that. But I know there are people out there who can.’

And the Moloney Ballroom was where to find them on April 1.