By Emma Vecellio
Release Date: September 25, 2024
BUFFALO, N.Y. – The University at Buffalo Center for Advanced Technology in Big Data and Health Sciences (UB CAT) has awarded eight life sciences companies over $495,000 to support collaborative projects with UB faculty experts to accelerate development of innovative health science technologies during the 2024-25 fiscal year.
UB CAT is one of 15 centers across the state funded by Empire State Development's Division of Science, Technology and Innovation (NYSTAR). Each project pairs a faculty researcher with a New York State business, with the goal of driving growth for life and health sciences businesses across the state. Through UB CAT, businesses gain access to matching funds for collaborative product development and proof-of-concept research and development projects in four main areas: drug development, diagnostics, medical devices and health care information technology.
"UB CAT serves as a vital resource for life and health sciences companies focused on developing new technologies and devices," says Per Stromhaug, UB senior associate vice president for economic development. "The path to commercializing biomedical technologies is frequently challenging and expensive. UB CAT addresses this challenge for businesses by offering essential early-stage funding and access to university experts and student talent to aid their R&D efforts."
New to the program this year is Ithaca-based Cornell spinoff TETmedical. The company will collaborate with Rosalind Lai, MD, and Elad I. Levy, MD, MBA, — faculty members at the Jacobs School of Medicine and Biomedical Sciences at UB — to develop the first blood test for stroke, which has the potential to revolutionize stroke care by expediting diagnosis and reducing missed cases to improve patient care.
"It has been a pleasure collaborating with Doctors Levy and Lai on this groundbreaking project at UB,” says David Fischell, CEO and co-founder of TETmedical. “Their leadership and the superb reputation of the University at Buffalo Canon Stroke & Vascular Research Center makes it an ideal location to evaluate the first blood test for stroke. Success for this project will also provide jobs and other benefits to New York State, where TETmedical’s facility is located."
Other focus on developing cancer therapies, robotic clot removal catheters, and mRNA vaccines, among other technologies.
The companies awarded UB CAT support for the 2024-25 fiscal year include:
Flag Bio
Immco Diagnostics, Inc.
J.M. Canty
Neurovascular Diagnostics, Inc.
POP Biotechnologies, Inc.
POP Biotechnologies, Inc.
QAS.AI, Inc.
TETmedical, Inc.
Vicora, Inc.
For more information on the UB CAT program and details on the upcoming application cycle for the next set of funded projects, visit: https://www.buffalo.edu/partnerships/about/programs/ub_cat.html
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