Winners of New Venture Competition for Cutting-Edge Medical Device Start-Ups Announced by Nutter, Smith & Nephew, and M2D2Print PDF
The law firm of Nutter McClennen & Fish LLP and the Massachusetts Medical Device Development Center (M2D2) located at the University of Massachusetts Lowell and Worcester honored four innovative and cutting-edge medical device startups at the M2D2 2014 New Venture Competition finals held at Nutter’s offices in the Innovation District.
First place in the competition went to Sano LLC of Wellesley Hills, second place went to Benevolent Tech for Health (BeTH) of Boston, third place was awarded to Guided Surgery Solutions of Wellesley, and fourth place was presented to ProDural of Cork, Ireland. The winners will share $50,000 in in-kind services from Nutter McClennen & Fish, co-sponsor Smith & Nephew, and M2D2 that will allow these startups to develop their concepts into marketable medical devices.
M2D2 opened up the New Venture Competition to medical device technology-based startup businesses located, not only in Massachusetts, but across the country and even internationally. Nutter, which provides legal services to startups and medical device companies, is a sponsor of the competition. Fifteen finalists were chosen and had to present before a panel of judges at a March 26 event at M2D2's Innovation Hub business incubator on the UMass Lowell campus.
About Nutter McClennen & Fish LLP
Nutter McClennen & Fish LLP represents an international roster of innovative clients involved in a range of sophisticated technologies in the medical device, biotechnology and pharmaceutical industries, as well as renowned medical institutions and research universities, emerging growth companies and angel and venture capital firms. The firm’s expertise spans IP strategy, prosecution and litigation; strategic collaborations and licensing; clinical trials and regulatory compliance; as well as M&A, capital raising and finance, government investigations and defense, and product liability. The firm was co-founded by Louis D. Brandeis, later a renowned justice of the U.S. Supreme Court, and has been in continuous practice for 135 years.
The Massachusetts Medical Device Development Center is a joint initiative of the Lowell and Worcester campuses of the UMass system. Its aim is to help new medical device entrepreneurs develop products every step of the way, from proof-of-concept to commercialization. Its affiliated faculty and staff have has assisted more than 100 start-up companies and entrepreneurs since the program kicked off in the spring of 2007.