These startups are repping Philly's biotech community at a national competition - Technical.ly Philly

Sciences

Jul. 10, 2018 8:30 am

These startups are repping Philly’s biotech community at a national competition

OncopHore Nanotechnologies, CeraScript Diagnostics and GlioLink, Inc. are in the final stages of the Freedom from Cancer Startup Challenge in Maryland.

Mukta Asnani and Margalit Haber, cofounders of OncopHore Nanotechnologies.

(Video by OncopHore Nanotechnologies)

A competition of startups-to-be offers some insight into Philly’s biotech chops: three Philly-based companies made it to the final stages of the Freedom from Cancer Startup Challenge alongside some 50 companies from around the world.

The business plan face-off, created by Bethesda, Md.-based nonprofit Center for Advancing Innovation (CAI), is an open innovation challenge that seeks to spur, over time, 100 potential startups to join the fight against cancer. It will look to deliver on its goal through the commercialization of existing technologies at government institutions and universities.

Winners will have access to a training program, a small seed investment and access to legal counsel for the technology licensing process. Funding for the competition was provided by the Laura and John Arnold Foundation and MedImmune.

“CAI is poised to create a new paradigm and platform to drive the commercialization of cancer research into medicines that could make a significant impact on the quality of life of cancer patients and their families, reduce the economic burden of exorbitant cancer treatment costs, and perhaps free the world from cancer,” said CAI founder Rosemarie Truman.

Two of the three Philly pitches came from the same duo of postdoctoral researchers: postdoctoral researches Mukta Asnani and Margalit Haber.

Here are the Philly pitches in the final stages of the competition, which will announce its winners at the end of the month:

OncopHore Nanotechnologies

  • Makers of a pH-sensitive nanoparticle

CeraScript Diagnostics:

  • Makers of a diagnostics tool for HPV/cervical cancer

Advertisement

GlioLink, Inc.

  • A platform for engineering CAR T-cells, by Jefferson postdoctoral researcher Mukesh Kumar

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

Data analytics startup Crossbeam just raised a $12.5M series A

Haircare startup NaturAll Club is getting ‘a blank canvas’ in Bok building

NeuroFlow is teaming up with a genetic testing biz to advance its mental health platform

SPONSORED

Philly

Why this dev planted roots at The Philadelphia Inquirer after starting her career abroad

Philadelphia, PA

Technical.ly Match

Web Manager

Apply Now
Philadelphia, PA

PromptWorks

Senior Software Engineer

Apply Now
Chesterrbrook, PA

Deacom

Software Quality Analyst

Apply Now

Here are the changes coming to this year’s Philly Music Fest and Tech Tour

Philly startups need more early-stage investments to compete

Carisma Therapeutics raised nearly $60M in Series A funding. Now what?

SPONSORED

Philly

Meet these 10 hiring companies at Super Meetup

Philadelphia

Vistar Media

Front End Engineer

Apply Now
Philadelphia

Vistar Media

Sr. Software Engineer

Apply Now
Philadelphia, PA - Center City

Odessa

Sr. Project Manager

Apply Now

Sign-up for daily news updates from Technical.ly Philadelphia

Do NOT follow this link or you will be banned from the site!