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OHIO named finalist for 2021 APLU Innovation & Economic Prosperity University Award

OHIO named finalist for 2021 APLU Innovation & Economic Prosperity University Award
Published: June 30, 2021
Author: Staff reports
The Ohio University Innovation Center has been helping entrepreneurs turn their promising ideas into flourishing businesses since 1983.
The Association of Public and Land-grant Universities (APLU) today named Ohio University as one of six university finalists for its ninth annual Innovation & Economic Prosperity (IEP) University Awards.
“Ohio University is uniquely positioned to serve as a partner in economic engagement activity in southeast Ohio and works hard to fulfill that potential every day,” Ohio University President Hugh Sherman said. “We are honored to be a finalist for this award and pleased to have played such a key role in the successes of businesses and resulting economic impact throughout the region.” ....

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TechGROWTH Ohio portfolio company OsteoDx receives $2M grant from the National Institutes of Health

TechGROWTH Ohio portfolio company OsteoDx receives $2M grant from the National Institutes of Health
Published: May 19, 2021
Author: Staff reports
OsteoDx Inc., a TechGROWTH Ohio portfolio company, has been selected for funding through a Small Business Innovation Research (SBIR) Phase II grant with the National Institutes of Health.
The grant will provide $2M in support of a multicenter study to further measure and validate the efficacy of the company’s proprietary Cortical Bone Mechanics Technology (CBMT), designed to identify patients at risk of fracture due to osteoporosis.
“The National Institutes of Health selected OsteoDx in a very competitive process, which is yet another level of significant external validation of the potential value of our technology,” OsteoDx Chief Executive Officer Gary Wakeford said. He further explained that the 2.3 million fragility fractures each year in the U.S. is costing the healthcare system $19 billion. ....

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TechGROWTH Ohio announces investment in Ohio University spinout OsteoDx, Inc.

TechGROWTH Ohio Fund, the Ohio Third Frontier-Ohio University investment fund focusing on early-stage technology companies, announces its investment in OsteoDX, Inc. (formerly known as AEIOU Scientific). OsteoDx is developing and commercializing its pioneering Cortical Bone Mechanics Technology (CBMT), which non-invasively assesses bone strength.
The investment will help OsteoDx prepare for Small Business Innovation Research (SBIR) Phase II funding. Jane New, TechGROWTH Ohio director, said OsteoDx was selected because its promising technology presents a tremendous market opportunity for accurately assessing bone strength.
“Our main goal with this investment is to help build a bridge for the company to secure the SBIR Phase II funding award and secure additional follow-on funding,” New said. “We believe this will allow the company to achieve the technology validation that is critical for initial market entry.” ....

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OHIO recognizes three 2020 Konneker Medal recipients

OHIO recognizes three 2020 Konneker Medal recipients
Published: January 25, 2021
Author: Staff reports
Ohio University
The Konneker Medal for Commercialization and Entrepreneurship.
Two alumni and one former faculty member have been awarded the Konneker Medal for Commercialization and Entrepreneurship. Amanda Epp ‘07, Alan Schaaf ’10, and Lawrence Lynn were selected for the 2020 recognition.
The Ohio University Foundation established the Konneker Medal for Commercialization and Entrepreneurship to recognize current and former faculty members or students who have demonstrated excellence in innovation, invention, commercialization and entrepreneurship. The award is named in honor of Wilfred Konneker, an OHIO alumnus with a distinguished record in research and entrepreneurship. The maximum number of allowed awardees per year is three and has not been met before this year. ....

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