5 Things You Need to Know: June

June 30, 2018

• In the 4^th Quarter, we spun out 4 new startups:

–Nursing & Patient Care Innovations (School of Nursing product called Line Snugglers; Marybeth Tetlow)

      Featured at Invented at Duke  

–Lumedica (Pratt device product for eye imaging; Adam Wax)

      Featured at Invented at Duke

–Scanslated (SOM software for translating radiology reports: Nicholas Befera)

      Funding from DIHI

–Cereius (SOM radio-labeled therapeutics for treating solid tumor brain metastasis: Michael Zalutsky)

      One of the 1^st companies located in North Carolina BioLabs and funded by BioInnovation Capital. 

• With our partner Duke-NUS, we licensed technologies for treatment and diagnosis of dengue fever (Soman Abraham and Ashley St. John) to a small company called StratifiCare in Singapore

• Duke startups Humacyte and Precision Bioscience raised $150M and $110M, respectively.

• InfiniaML, founded by Larry Carin, won a “Best Machine Learning Company” Award

• 70+ faculty, staff and students attended our first ever “Digital Innovations Workshop” co-sponsored with MAG and DIHI with talks by Jeff Ferrante, Erich Huang and others on developing, protecting and commercializing software, data and other copyrighted materials, with a particular emphasis on how to access and work with clinical data.

• OTC participated in the BIO (Biotechnology Innovation Organization) annual partnering event where we had meetings with 40+ companies ranging from big pharma to small biotechs.  Much of the summer will be involved in follow up and arranging future visits to Duke.