Punkaj Ahuja and Patrick Leimkuehler, and their venture, Apollo Medical Devices, recently took home two first place awards at innovation competitions.
In late June, the team took home first place at Techweek Chicago tech conference and festival, receiving $50,000 in cash plus generous ancillary awards.
Just a week prior to their Techweek Chicago award, Apollo Medical Devices finished in first place at the Jumpstart “Up and Comers” pitch competition, part of the “StartUp – ScaleUp” event. The team took home $20,000 for the award.
The company emerged from the Laboratory for Biomedical Sensing, part of Case Western Reserve’s Department of Biomedical Engineering, and was granted a two-year option license agreement from Case Western Reserve University’s Technology Transfer Office (TTO) earlier this year.
Apollo Medical Devices has raised more than $100,000 from grants and competitions in the past six months, which the team intends to use for product development for their device—a less expensive, more accurate, rapid and easily used system for blood testing.
For more information on Apollo Medical Devices, visit: http://thedaily.case.edu/case-western-reserve-grants-license-option-to-startup-apollo-medical-devices/http://thedaily.case.edu/case-western-reserve-grants-license-option-to-startup-apollo-medical-devices/.