The startup was awarded for its intelligent sensor, RAPID-iNose
FREDERICK, Md., Dec. 29, 2022 /PRNewswire-PRWeb/ -- The Frederick Innovative Technology Center, Inc. (FITCI) is proud to announce that member NanoBioFAB, a nanotechnology startup, recently earned top honors among a field of 60 applicants and 5 presenters, including a $10,000 check, for its intelligent sensor, RAPID-iNose, at the Universities at Shady Grove Equity Incubator Showcase on December 8th.
RAPID-iNose is the company's leading-edge solution for detection and care of infected wounds. The product is a proprietary, real-time agnostic patch that measures small chemical variations produced by the body and is now in development. It has applications for both the military and private practice.
Founder Dr. Xiaonao Liu says the product will offer medical professionals a way to monitor patients that is quicker and more efficient than current methods. The project combines a patented, wireless and highly-sensitive nanosensor array with artificial intelligence (AI) algorithms. The RAPID-iNose automatically and continuously captures information on the types and amounts of pathogens. Results can then prompt infection alerts, eliminating some of the biggest challenges in chronic wound care.
During her presentation, Dr. Liu shared an example of how the wearable RAPID-iNose will help. She explains, "If a person gets an infection after surgery, it could take days to identify and start treatment. That delay can put the person in danger and add tens of thousands of dollars in healthcare costs."
FITCI President and CEO Kathie Callahan Brady says, "This innovation is a game-changer. I have the privilege of following Dr. Liu's progress through our Strategic Growth and Advisory Boards and her passion for helping people get the care they need is clearly evident. As a small, minority woman-owned startup, NanoBioFAB stands out as one of the state's rising stars life science and technology." FITCI is a science-forward business incubator that surrounds emerging entrepreneurs with the means to develop and grow through equitable access to coaching, collaboration, connection, community, and capital resources.
The Universities at Shady Grove Equity Incubator Showcase program was sponsored by the David and Mikel Blair Family Foundation to help early-stage entrepreneurs advance. USG's Lab for Entrepreneurship and Transformative Leadership provides resources and mentorship to students, empowers local entrepreneurs and supports emerging startups. The equity incubator is an eight-week program that culminates in this pitch competition.
Dr. Liu says she is grateful to USG for the opportunity and offers thanks "for great support" from DOD, Maryland State Government, TEDCO, Frederick Innovative Technology Center, Inc, their advisors, industry leading medical device partners and a very intelligent team. "We are well on our way to making it happen!"
Call 301-694-2999 or email [email protected] for more information about NanoBioFAB, FITCI or the EDGE@321.
Watch part of the winning presentation at https://www.youtube.com/watch?v=G8hlaLENR2Y&t=85s
Media Contact
Kathie Callahan Brady, FITCI, 301-699-2999, [email protected]
SOURCE FITCI
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