HOME >> BIOLOGY >> NEWS
Stevens and Connecticut Innovations agree to investment of $500,000 in SPOC Inc.

HOBOKEN, N.J. -- Stevens Institute of Technology and Connecticut Innovations (CI), the states quasi-public authority responsible for technology investing and innovation development, today announced that they had completed an agreement for a seed-stage investment of $500,000 in Stevens Proof of Concept Inc. (SPOC), a Technogenesis Company founded at Stevens Institute of Technology. CI made this investment through its Connecticut BioSeed Fund.

SPOC was formed in July 2005 at Stevens by Vice President Helena S. Wisniewski in the Office of University Research and Enterprise Development, along with Dr. Norman Marcus, a leader in pain management, and a team of Stevens undergraduate students in biomedical engineering. SPOC has developed a proprietary point-of-care medical diagnostic system, consisting of a medical device and methodology that pinpoint the specific myofascial (muscle) trigger points causing pain. The patent pending device is the first use of electroneural stimulation for diagnostic purposes.

SPOCs diagnostic system will benefit patients by helping to eliminate treatments that prove to be ineffective, such as surgical procedures, and by allowing physicians to locate and treat more effectively muscles that generate pain.

Since approximately 100 million people in the United States suffer from chronic pain and approximately 80 percent of Americans suffer from some form of pain in their lifetime, the potential market for such a system is enormous.

"SPOCs diagnostic device is disruptive it will revolutionize neck and back pain diagnosis and treatment practices," said Dr. Wisniewski, who launched SPOC and serves as a member of the board. Wisniewski added, "We are very pleased to enter into a relationship with CI, an organization committed to commercializing technologies for the public good, which is aligned with Stevens Technogenesis paradigm."

SPOCs CEO, Dr. Vikki Hazelwood, said, "The entrepreneurial environment within Ste
'"/>

Contact: Patrick A. Berzinski
pberzins@stevens.edu
201-216-5687
Stevens Institute of Technology
2-Apr-2007


Page: 1 2

Related biology news :

1. Stevens Center for Science Writings honors Edward O. Wilson with Green Book Award
2. Stevens, N.J. Sea Grant to host coastal management workshop
3. Stevens Davidson Laboratory acquires new research vessel
4. Stevens professor named an Early Career Principal Investigator
5. Stevens Disruptive Technologies Roundtable Series discusses SPOC
6. Stevens CSW begins list of 100 Greatest Science Books
7. Stevens and Monmouth Presidents to co-chair ASBPA National Scientific Shore and Beach Conference
8. Lee M. Silver to discuss new book, Challenging Nature, at Stevens
9. Stevens professor to speak during Princeton lecture series
10. Journalists to discuss scientific challenges in Stevens lecture
11. Stevens Professor Alan Blumberg to speak at New York Public Library

Post Your Comments:
*Name:
*Comment:
*Email:


(Date:6/14/2017)... (NYSE: IBM ) is introducing several innovative partner startups ... collaboration between startups and global businesses, taking place in ... nine startups will showcase the solutions they have built with ... France is one of the ... percent increase in the number of startups created between 2012 ...
(Date:5/16/2017)... 16, 2017   Bridge Patient Portal , ... MD EMR Systems , an electronic medical ... GE, have established a partnership to build an ... the GE Centricity™ products, including Centricity Practice Solution ... These new integrations will allow healthcare delivery ...
(Date:4/19/2017)... New York , April 19, 2017 ... competitive, as its vendor landscape is marked by the ... the market is however held by five major players ... Safran. Together these companies accounted for nearly 61% of ... of the leading companies in the global military biometrics ...
Breaking Biology News(10 mins):
(Date:10/12/2017)... ... October 12, 2017 , ... ... platform specifically designed for life science researchers to analyze and interpret datasets, ... Franklin, who made a major contribution to the discovery of the double-helix ...
(Date:10/11/2017)... ... ... Personal eye wash is a basic first aid supply for any work environment, but most ... you rinse first if a dangerous substance enters both eyes? It’s one less decision, and ... unique dual eye piece. , “Whether its dirt and debris, or an acid or alkali, ...
(Date:10/11/2017)... , Oct. 11, 2017  VMS BioMarketing, a leading ... a nationwide oncology Clinical Nurse Educator (CNE) network, which will ... need for communication among health care professionals to enhance the ... nurses, office staff, and other health care professionals to help ... breast cancer. ...
(Date:10/11/2017)... ... October 11, 2017 , ... ... implantation and pregnancy rates in frozen and fresh in vitro fertilization (IVF) ... and maternal age to IVF success. , After comparing the results from the ...
Breaking Biology Technology:
Cached News: