Now in its 10th year, the annual pitch contest drives innovations in health care by showcasing the pioneering work of early-stage medical device, diagnostic and biotech companies. Entrepreneurs competing in the contest present their novel products and technologies before expert judges, venture capitalists, clinicians, researchers, government and industry leaders and the public to win a share of $200,000 in sponsored services and seed money to advance their inventions.
This year’s grand prize winner is Acoustica Bio, a Cambridge-based company that has developed a means to reformulate intravenous medications so they can be administered via an injection under the skin. The startup will receive $50,000 in seed funding to advance the invention from the Massachusetts Life Sciences Center (MLSC), the event’s top sponsor and founding sponsor of M2D2, along with $27,000 of in-kind services from M2D2 and Amgen, another event sponsor.