MassDevice

The Medical Device Business Journal — Medical Device News & Articles | MassDevice

Home » DermaSensor wins MedTech Innovator Mid-Stage Companies Pitch Event

DermaSensor wins MedTech Innovator Mid-Stage Companies Pitch Event

By

DermaSensor skin cancer MedTech Innovator DeviceTalks Boston
DermaSensor can evaluate a skin lesion for skin cancer risk in under 30 seconds, according to the company. [Image courtesy of DermaSensor]
DermaSensor Inc. — the creator of a handheld, point-and-click device to quickly assess skin lesions for cancer risk — is the winner of the MedTech Innovator Mid-Stage Companies Pitch Event.

The Miami-based mid-stage company beat out 1,000 applicants, more than 20 of which competed on-site May 10–11, 2022 at DeviceTalks Boston. DermaSensor walked away with a cash prize and admission to MedTech Innovator and its host of benefits.

DermaSensor’s device uses optical spectroscopy. A light-emitting tip non-invasively touches the lesion, receiving and analyzing data from below the skin at cellular and subcellular levels. The technology could help general practitioners better spot lesions that are potential problems before forwarding their patients to a dermatologist for further evaluation.

Research involving 57 general practitioners — included in a poster presentation at the World Congress of Teledermatology in 2021 — showed the doctors were able to catch 13% more skin cancers with DermaSensor.

“Our expert evaluators were enthusiastic about DermaSensor’s ability to enable earlier detection of skin cancer and improve equity of access to diagnostics via primary care providers while addressing the shortage of dermatologists and long wait times for referrals,” said MedTech Innovator CEO Paul Grand.

DermaSensor CEO Cody Simmons was honored by the company’s win. “With the benefit of their support and resources, we’ll be even better positioned to get our breakthrough product in the hands of physicians and their patients.”

Three other companies joined DermaSensor in the final round at DeviceTalks Boston, in which they were questioned by a distinguished panel of executives from Johnson & Johnson, Olympus, Asahi Intecc and BD:

  • Sotera Wireless (San Diego) is the creator of the ViSi Mobile patient monitoring system for comprehensive vital signs monitoring. The goal is to keep clinicians connected to their patients — whether in bed, in transport or while ambulating.
  • Phagenisis (Manchester, U.K. and Düsseldorf, Germany) has developed Phagenyx, a treatment for the cause of dysphagia. Phagenyx, restores the neurological control of swallowing.
  • RevBio (Lowell, Massachusetts) developed Tetranite, a patented, synthetic, injectable, self-setting, load-bearing, and osteoconductive bone adhesive biomaterial. It bonds bone to bone and bone to metal.
A portrait of Cody Simmons, CEO of DermaSensor
Cody Simmons is the CEO of DermaSensor. [Photo courtesy of DermaSensor]
A portrait of Brian Hess, CEO and founder of RevBio
Brian Hess is the CEO and founder of RevBio [Photo courtesy of RevBio]
A portrait of Reinhard Krickl, CEO of Phagenesis
Reinhard Krickl is the CEO of Phagenesis [Photo courtesy of Phagenesis]
A portrait of Devin McCombie, CEO of Sotera Wireless
Devin McCombie is CEO of Sotera Wireless [Photo courtesy of Sotera Wireless]

In case you missed it

RSS From Medical Design & Outsourcing

  • Zimmer Biomet narrowly avoids shareholder rebuke on executive pay
    An unusually large share of Zimmer Biomet (NYSE:ZBH) investors voted against the orthopedics company’s pay packages for top executives at the annual shareholder meeting. About 54% of voting shareholders supported the pay packages of the company’s five top-paid executives at the May 13 meeting, according to results filed with the SEC yesterday. In 2021, nearly 93%… […]
  • BD, Mitsubishi Gas Chemical partner on better materials for plastic syringes
    BD (NYSE:BDX) announced that it partnered with Mitsubishi Gas Chemical Company on applying new technology to pre-fillable syringes. MGC develops the Oxycapt technology designed to integrate the best of plastic and glass for plastic syringes. BD and Tokyo-based MGC will work together to apply Oxycapt technology to the next generation of pre-fillable syringes (PFS) for advanced… […]
  • Ambu replaces CEO with new leadership
    Ambu today said it has hired board member Britt Meelby Jensen to replace CEO Juan Jose Gonzalez, effective tomorrow. “Since Juan Jose Gonzalez joined as CEO in 2019, Ambu has made good progress and achieved important milestones on the strategic transformation into the world’s largest single-use endoscopy company,” Ambu Chair Jørgen Jensen said in a… […]
  • AdvaMed joins Biden’s Joint Supply Chain Resilience Working Group
    AdvaMed executive Abby Pratt has joined the executive committee for the Biden administration’s Joint Supply Chain Resilience Working Group, the medtech industry association said today. The working group’s members from government and industry will assist with implementation of the National Strategy for a Resilient Public Health Supply Chain. Pratt oversees supply chain issues as SVP… […]
  • Toray develops new stretchable film for medical devices
    Toray Industries has a new stretchable film based on its proprietary polymer Reactis technology, with potential applications that include robotics and biological and industrial sensors. Tokyo-based Toray said it shipped samples to customers and plans research and development efforts to commercialize the new grade of film. “Recent years have increased the potential for developing stretchable… […]
  • Google Health hires FDA’s chief digital health officer
    Former FDA Chief Digital Health Officer of Global Strategy and Innovation Bakul Patel has started a new job with Google after 13 years with the regulatory agency. Patel became senior director, global digital health strategy and regulatory for Google Health earlier this month, he said on LinkedIn. Patel recounted highlights of his “incredible journey since… […]
  • Expect more heart and lung failure years after COVID, Abbott’s heart failure CMO says
    Two years into the COVID-19 pandemic, we know more than ever about the SARS-CoV-2 virus and how quickly it moves to ravage the human body. What remains to be seen is how the virus — and perhaps more importantly, our immune system’s response to it — will affect the health of people long after infection,… […]
  • FDA moves forward with Voluntary Improvement Program to bolster medical device quality
    Kathryn Burke, Emergo Group The U.S. Food and Drug Administration has issued new draft guidance to establish a full-blown voluntary program for improving quality-related processes in medical device manufacturing following promising results of a pilot program. The FDA guidance stems from a pilot undertaken by the agency along with the Medical Device Innovation Consortium (MDIC) in 2018.… […]
  • How Minnetronix Medical helped Lazurite with its wireless surgical camera
    Minnetronix Medical (St. Paul, Minnesota) has played an important development and manufacturing partner role with Lazurite’s wireless surgical camera system. It’s been nearly two months since Lazurite (formerly Indago) announced FDA 510(k) clearance of its ArthroFree system. ArthroFree combines proprietary low-heat, high-intensity Meridiem light engine technology with advanced camera, battery and wireless transmission technologies and… […]
  • Instron releases TrendTracker data analysis workflow platform
    Instron announced that it released the TrendTracker module in Bluehill Central for accelerating data analysis workflows. Norwood, Massachusetts-based Instron designed TrendTracker with an intuitive interface to improve the data analysis workflow of single or multi-location materials testing laboratories. According to a news release, the platform features quick searching and the ability to display and analyze… […]
  • Henry Schein hires former Medline veteran to drive ‘One Distribution’ push
    Henry Schein (Nasdaq:HSIC) today named Dirk Benson as VP and chief commercial officer of the medical device manufacturer and distributor’s North America Distribution Group (NADG). Melville, New York-based Henry Schein is the world’s largest provider of health care supplies and services for office-based dental and medical practitioners, and NADG is the company’s largest business group. The… […]