bioscience Archives - StartupsSanAntonio.com

VelocityTX to Build Lab Spaces for Biomedical Startups

23Sep

By Iris GonzalezNo Comments

VelocityTX to Build Lab Spaces for Biomedical Startups

Biomedical professionals aspiring to develop a new medical device or biotech innovation will soon have access to a resource critical for early-stage bioscience product development. A new research and development-focused laboratory space named Co-Labs broke ground Friday morning in San Antonio’s Eastside.The Texas Research & Technology Foundation (TRTF) and its nonprofit subsidiary VelocityTX have been working with community leaders to plan, develop, and supply Co-Labs with the right resources to support aspiring biomedical entrepreneurs and researchers.The U.S. Department of Commerce Economic Development Administration awarded $4 million in federal funding to TRTF for constructing and operating six fully-equipped bioscience laboratories. The 5,000-square-foot state-of-the-art l...

Allosense Receives San Antonio Biomedical Seed Funding for Military Medical Innovation

31Mar

By Iris GonzalezNo Comments

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Allosense Receives San Antonio Biomedical Seed Funding for Military Medical Innovation

Allosense, a startup company producing internet-of-things or IoT tracking devices, will receive $25,000 from the San Antonio Military Medical Innovation (SAMMI) Fund.The City of San Antonio established the fund in December 2019 to support local companies commercializing discoveries in medical devices, new drugs, and biotechnology and biomedical software that can meet military medical mission needs.This is the first $25,000 round of SAMMI investment for Allosense. The company provides an easy way for companies or organizations looking to integrate smart sensors for tracking assets. The asset trackers are cell phone-sized devices that are always in communication, either on-demand or via a data stream. The startup is developing a next-generation version of its tracker small enough to...

Applications Open for SAMMI, a San Antonio Biomedical Seed Fund for Military Medical Collaboration

17Sep

By Iris GonzalezNo Comments

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Applications Open for SAMMI, a San Antonio Biomedical Seed Fund for Military Medical Collaboration

San Antonio is investing in innovators who are commercializing discoveries in medical devices, new drugs, and biotechnology and biomedical software that can meet military medical mission needs. The San Antonio Military Medical Innovation (SAMMI) Fund has opened applications for its bioscience startup seed fund.If chosen, each company will receive up to a $50,000 award in the form of a convertible promissory note with a three-to-five-year term, depending on the loan amount and current stage of the company, said Corey Levenson, the city's military medical innovation director. Levenson helps coordinate and align economic development strategies with San Antonio's unique military medical assets.The financial terms will be determined on a case-by-case basis, depending on the maturity of ...

New San Antonio Biomedical Seed Fund Invests $150,000 in Local Innovators for Military Medical Collaboration

12Jun

By Iris Gonzalez2 Comments

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New San Antonio Biomedical Seed Fund Invests $150,000 in Local Innovators for Military Medical Collaboration

A fund created to help support San Antonio biomedical companies announced its first recipients Friday. The San Antonio Economic Development Corporation (SAEDC) has chosen EmergenceMed, GaitIQ, and Renovo Concepts as the first recipients of financial support from the San Antonio Military Medical Innovation (SAMMI) Fund.The City of San Antonio established the fund in December 2019 to support local companies commercializing discoveries in medical devices, new drugs, and biotechnology and biomedical software that can meet military medical mission needs.The SAEDC board approved Tuesday $50,000 awards for each of the three biomedical innovators looking to collaborate with the military medical community, said Corey Levenson, the city's military medical innovation director.SAEDC creat...

How BioMed SA President Ann Stevens Helped Bring FIRST Robotics to San Antonio

19Dec

By Iris GonzalezNo Comments

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How BioMed SA President Ann Stevens Helped Bring FIRST Robotics to San Antonio

Attendees at the annual BioMed SA breakfast Wednesday heard a career retrospective that honored outgoing president, Ann Stevens, who announced her decision to retire November 20.Launched in 2005, BioMed SA is a nonprofit advocacy organization former Mayor Henry Cisneros helped create to highlight San Antonio's strengths in the biomedical and healthcare sectors. Stevens, an experienced leader in the biopharmaceutical industry, worked to promote San Antonio’s industry assets across the U.S. and globally.She also sought to create connections and relationships among research organizations and educational institutions throughout the city, Walt Downing, executive vice president and chief operating officer at Southwest Research Institute told the audience. During the last decade, the...

Enventure San Antonio To Connect Bioscience Students to Entrepreneurial Opportunities

16Dec

By Iris GonzalezNo Comments

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Enventure San Antonio To Connect Bioscience Students to Entrepreneurial Opportunities

Bioscience graduate students face daunting odds at landing a tenure-track faculty position in academia. In popular fields like biomedicine, fewer than one in six has a chance at a faculty job researching at a university.What options does an early-career bioscience professional have?A new nonprofit organization, launched by biomedical students facing these challenges themselves, want to help enterprising scientists find career options so they can pursue medical innovation in San Antonio’s private sector.Enventure San Antonio (Enventure SA) is a biomedical entrepreneurial community designed to help students and young professionals become leaders in the biomedical and health technology space.Students and young professionals often lack the education and experience to commercia...

UT Health San Antonio TechNovum Accelerator for Researchers Graduates 8 New Companies

6Nov

By Iris GonzalezNo Comments

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UT Health San Antonio TechNovum Accelerator for Researchers Graduates 8 New Companies

A new accelerator program designed for aspiring life science entrepreneurs has helped in the formation of eight new biomedical startups.Earlier this year, UT Health San Antonio launched TechNovum, a new technology commercialization accelerator for faculty researchers interested in developing their inventions for the market. John Fritz and Sean Thompson of the Office of Technology Commercialization at UT Health are co-directors and mentors for the new program.The first cohort graduated two therapeutics companies, spurred the development of four new medical devices, and included two digital health startups. The companies are:Atomic Therapeutics, developing novel anticancer therapeutics for leukemia Protectum Oncology, introducing low-dose arsenic for reducing cancer therapy ...

What Does San Antonio’s Startup Ecosystem Need?

21Oct

By Iris GonzalezNo Comments

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What Does San Antonio’s Startup Ecosystem Need?

Many people are betting on San Antonio’s future as a city known for its innovation.Momentum is building across the Alamo City’s major technology, cybersecurity, and bioscience sectors as more entrepreneurially minded inventors and scientists launch new companies.Venture capitalists (VCs) are also looking in San Antonio for promising startups. Investors often diversify their portfolios as a cushion against market volatility. That makes San Antonio a good place to invest—we stand out as a city with unique, diverse capabilities.A big part of a VC’s due diligence is asking founders hard questions. Is an early-stage company working on a significant problem with a sizable market that can be scaled into a solid solution?Getting to the point where a founder can satisfactorily answe...

UT Health San Antonio Launches New Accelerator for Researchers

9Apr

By Iris GonzalezNo Comments

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UT Health San Antonio Launches New Accelerator for Researchers

A new accelerator program designed for aspiring life science entrepreneurs has joined San Antonio's entrepreneurial ecosystem.Biomedical research institution UT Health San Antonio is launching TechNovum, a new technology commercialization accelerator for faculty researchers interested in developing their inventions for the market. John Fritz and Sean Thompson of the Office of Technology Commercialization at UT Health are co-directors and mentors for the new program and will lead the educational coaching sessions. Each cohort will run annually from June through October. Plans for the first cohort are to invite five to eight teams of founder-inventors to join the program to develop medical devices for the market. The teams will meet weekly, typically in the evening, for two- to three-ho...

BioAffinity Lung Cancer Diagnostic Test Gets Closer to Market with Canadian Patent

4Feb

By Iris GonzalezNo Comments

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BioAffinity Lung Cancer Diagnostic Test Gets Closer to Market with Canadian Patent

The San Antonio-based privately held biotech company bioAffinity Technologies announced Monday the Canadian Intellectual Property Office had awarded a patent for its proprietary CyPath© technology used in the early detection of cancer.The patent, titled “System and Method for Analyzing Samples Labeled with 5, 10, 15, 20 Tetrakis (4-Carboxyphenyl) Porphine (TCPP),” is bioAffinity’s third Canadian patent. bioAffinity’s intellectual property (IP) portfolio now consists of 51 awarded patents in 21 countries, with three additional patent applications filed in the U.S.The test is bioAffinity’s solution for the unusually high rate of false positives from computed tomography or CT scans used in early testing of suspected lung cancer. CyPath® Lung’s test uses flow cytometry and proprietary ...