NASHVILLE, Tenn.--(EON: Enhanced Online News)--Life Science Tennessee (LifeSciTN) is pleased to announce the five companies chosen to present during the LifeSciTN Conference and Venture Forum at the Music City Center in Nashville, October 9 - 11.
“These start-up companies are a testament to the strength of the life sciences industry here in Tennessee”
Presenting companies include:
Clodico (Oak Ridge)
Clodico produces environmentally friendly and highly effective broad-spectrum biocides for the healthcare industry. These biocides kill antibiotic-resistant bacteria (specifically C. diff spores) six to ten times faster than current disinfectants without harming people, equipment, or the environment.
Mobilizer has developed a single platform that holds all necessary equipment for a patient during ambulation. Only one clinician is needed to walk the patient, and equipment transfer is eliminated since Mobilizer is left at the bedside. In the average ICU, use of Mobilizer saves up to 160 person-hours that are lost every day just dealing with equipment during ambulation.
REDCap is a comprehensive electronic data capture (EDC) solution developed at Vanderbilt University that can be easily adapted to the needs of its target market – small to mid-sized contract research organizations, biopharmas and medical device companies. REDCap currently has more than 96,000 users in 680 not-for-profit institutions located in 58 countries around the world.
Renewable Algal Energy (Johnson City)
RAE has a patented platform technology to produce algal oil at a price competitive with other vegetable oils derived from soy and palm. This technology facilitates production of other valuable components from algae for the human and animal nutrition markets that comprise: protein powder; omega-3 oil; and carotenoids. RAE’s four products are: 1) RAE Technology, 2) protein powder, 3) omega-3 oils, and 4) carotenoids.
View Medical – West Tennessee (Germantown)
View Medical has introduced the SurgiLight lighting system, which provides surgeons with a simple, high quality illumination source for deep cavity surgical procedures. This unique LED device delivers a bright and localized light directly into the cavity from any desired angle without the burden of heavy headlamps and wired systems. SurgiLight offers hospitals a cost effective way to improve patient outcomes.
“These start-up companies are a testament to the strength of the life sciences industry here in Tennessee,” said Tom Ballard, Director of Innovation and Entrepreneurial Initiatives with Pershing, Yoakley & Associates and Chair of the LifeSciTN Entrepreneurship and Economic Development Committee. “From medical devices to bio-agricultural products, Tennessee has a thriving industry ecosystem that is committed to helping new business get started and to grow,” said Ballard.
The Venture Forum is part of the LifeSciTN Conference that brings together industry experts, investors and innovators during the two-and-a-half day conference. The forum meets a growing need to bridge the gap between researchers, entrepreneurs and venture capitalists in Tennessee. The forum is designed to create an interactive and vibrant atmosphere in which to create partnerships and raise capital.
These five companies will present in front of the entire conference audience including investors from across the country, industry experts and four TNInvestco Funds that regularly invest in life science companies: Innova Fund, Limestone Fund, MB Venture Partners and Tri-Star Technology Fund. Investment decisions are made independently from the Venture Forum selection and judging process. Top presenters will be offered complementary start-up business services from LifeSciTN Venture Forum supporters. Services include:
- Half day of valuation related consulting courtesy of Kraft Analytics
- Start-up intellectual property consulting package courtesy of Waddey & Patterson
- Office space for a year at Memphis Bioworks
LifeSciTN has partnered with the Kauffman Foundation’s iStart business competition platform for this year’s forum. The Venture Forum is structured as a business competition. Applications were judged by Life Science Tennessee partners including venture capitalists, business advisors and life science industry executives. The five companies will be partnered with a mentor to review company fundamentals and to refine their pitch presentation in preparation for the Venture Forum.
Venture Forum presentations will take place on Thursday, October 10 at 10 a.m. at the Music City Center. The Venture Forum is open to registered conference attendees and to the media.
For more information on the Venture Forum, contact Sally Anderson Parker at 615-242-8856 or firstname.lastname@example.org.
For more information on the LifeSciTN Conference and Venture Forum, visit http://lifesciencetn.org/displaycommon.cfm?an=1&subarticlenbr=77.
About Life Science Tennessee:
Life Science Tennessee is a statewide, non-profit, member organization whose mission is to advance and grow the life sciences industry in Tennessee through advocacy, partnerships and alignment with economic and workforce development. LifeSciTN members and life sciences companies are located in all nine geographical regions of Tennessee and include industry subsectors: biotechnology, pharmaceuticals, medical devices, diagnostics, agricultural biosciences, research and educational institutions, clinical research organizations and other related activities.