LOWELL, Mass. â A biotech startup that aims to transform how intravenous medications are administered to patients is the top winner in the 2021 Massachusetts Medical Device Development Center (M2D2) $200K Challenge.Â
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.
The contest is the largest event of several programs and services for medical-device and biotech startups offered by the Massachusetts Medical Device Development Center (M2D2), a joint venture of UMass Lowell and UMass Medical School in Worcester. The center assists entrepreneurs with all aspects of moving new products and technologies from the drawing board to the marketplace.