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B-BIC News and Events:
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Tufts University Joins Boston Biomedical Innovation Center With Goal of Advancing Health by Speeding New Technologies to Market

By B-BIC | January 5, 2018

B-BIC’s expanding network signals the importance of forming partnerships in effort to commercialize biomedical technologies and improve healthcare. January 2018 – The Boston Biomedical Innovation Center (B-BIC), a National Center for Accelerated Innovation designed to stimulate the commercialization of biomedical technologies, today announced that Tufts University will join B-BIC as an Associate Core Member. Tufts…

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Tips & Tricks: Explaining Your Proposed Solution

By B-BIC | December 11, 2017

Understand the population you are targeting and why.  It may be preferable to define a narrower niche for your entry to the market. Consider where your device/drug will be administered and by what means.  This choice will greatly influence the preclinical and clinical development needs and strategies. Most investors will want to see proof-of-concept (POC)…

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Specialist Series: Filling the Unmet Need – Your Proposed Solution

By B-BIC | December 11, 2017

Contributed by Ron Blackman In our previous newsletter, we described how to identify the unmet need that will be served by your device or therapeutic, and here we will help you build the case that you have a solution to meet that need.  A number of points should be addressed and we will go through…

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Biotech Science: From Biology to Breakthroughs

By B-BIC | December 5, 2017

Biotech Science: From Biology to Breakthroughs A two-day interactive learning opportunity for the non-scientist Join the Boston Biomedical Innovation Center to engage with the world of biomedical innovation. We will facilitate your exploration of human biology and medicine – covering the spectrum of health, dysfunction, and disease.  Register Here Date: March 14-15, 2018 Time: 8:30am-4:30pm…

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Tips & Tricks: Defining Your Need Statement

By B-BIC | November 10, 2017

Contributed by Josh Tolkoff An unmet need is more than an incremental improvement and once it exists in the market – it makes a substantial change for the better. Talk with many stakeholders (patients, clinicians, hospital administrators, hospital purchasing agents, insurance providers, etc.) to better understand the need, and determine what kind of solutions would…

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Specialist Series: Finding and Defining Your Unmet Need

By B-BIC | November 10, 2017

Contributed by Josh Tolkoff The most common reason for the commercial failure of a start-up entity is not having a compelling clinical need.  What exactly is an “unmet need”?  An unmet need is something more than an incremental improvement, and once it exists in the market it will make a substantial change for the better.…

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NEW AWARD: CONGRATULATIONS, DR. SYLVIE BRETON!

By B-BIC | November 10, 2017

RECIPIENT:  Dr. Sylvie Breton TITLE: Predicting and Preventing Acute Kidney Injury Associated with Cardiovascular Diseases TYPE OF AWARD:  PILOT TECHNOLOGY TYPE: Small Molecule Drug CLINICAL AREA: Heart INDICATION: Acute Kidney Injury INSTITUTION: MGH DESCRIPTION:  Acute kidney injury (AKI) is a frequent complication of hospitalized patients. Unfortunately, there is no cure for this potentially deadly condition. Thus, a critical…

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NEW AWARD: CONGRATULATIONS DR. NELSON RUIZ – OPAZO

By B-BIC | October 30, 2017

RECIPIENT:  Dr. Nelson Ruiz – Opazo TITLE: Fully humanized anti-DEpR antibody therapy for acute lung injury (ALI)/Acute Respiratory Distress Syndrome (ARDS) TYPE OF AWARD:  PILOT TECHNOLOGY TYPE: Biologic Drug CLINICAL AREA: Lung INDICATION: Acute Lung Injury / Acute Respiratory Distress Syndrome INSTITUTION: Boston University DESCRIPTION:The feed-forward progression of acute lung injury (ALI) towards acute respiratory distress syndrome (ARDS)…

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Tips & Tricks:  Writing your B-BIC Proposal or Business Plan Overview

By B-BIC | October 30, 2017

The best way to begin an overview is by presenting a clear picture of the problem that needs to be solved.  Aim to tell a narrative story about the specific problem that patients or clinicians are currently experiencing. Address a specific disease or healthcare management issue, and include key facts to show the potential market size. Define…

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Specialist Series: How to build an effective overview of your technology.

By B-BIC | October 30, 2017

Contributed by Erin McKenna, B-BIC Deputy Director After the dip in investment in early-stage biotechnology in 2008, the number of funding opportunities for early-stage technologies has been increasing in recent years. Despite this promising trend, finding and securing the funding necessary to move your research out of the lab and towards commercialization is still a…

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