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:2/13/2019)... ... 2019 , ... MMJ International Holdings, the premier medical cannabis ... trials and research, announced that it is seeking fast track designation approval from ... the review and approval of drugs in development that treat serious or life ...
(Date:2/11/2019)... ... February 11, 2019 , ... ... services, announced a new forensic genealogy service offering to law enforcement investigators and ... testing and genealogy to develop ancestral relationships between samples and deliver leads to ...
(Date:2/6/2019)... ... February 05, 2019 , ... Amino Labs, ... partnered with MindFuel, a leading organization in educational science, technology, engineering and math ... Labs has pioneered a syn-bio starter kit for teachers – the Amino ...
Breaking Biology News(10 mins):
(Date:2/14/2019)... N.J. (PRWEB) , ... February 14, 2019 , ... ... provider of helium based leak testing systems for the pharmaceutical, biotechnology and food ... the company moving forward. Brian Mulhall has been named Chief Executive ...
(Date:2/6/2019)... ... February 05, 2019 , ... Firmex ... executive management team to acquire Firmex, one of the fastest-growing and most widely-used ... Montreal-based private equity firm. Debt financing was provided by the Bank of Montreal. ...
(Date:2/2/2019)... POMONA, Calif. (PRWEB) , ... January 31, 2019 , ... ... in food sciences as it hosts the Nuriv 2019 Expo West Music and Tech ... With a mission to foster innovation in the natural foods, beverages, and dietary supplement ...
(Date:2/2/2019)... NANTES, France (PRWEB) , ... February 01, 2019 ... ... technologies, is pleased to announce the appointment of its new CEO, Julien Dert, ... has 25 years of international experience in finance and management, in which more ...
Breaking Biology Technology:
Cached News: