Wireless-Life Sciences Investor Meeting Puts Innovation on Stage—Boston Sleep Company Zeo Claims a Top Prize
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every type of wireless technology works inside the complex. CEO Ed Cantwell says the carrier-agnostic platform assures wireless coverage, signal strength, capacity, and continuity in buildings where wireless service is “mission critical and life critical.”
—PerfectServe of Knoxville, TN, has developed a Web-based clinical communication system that enables caregivers at hospitals, clinics, and other healthcare facilities to quickly and efficiently exchange information with the appropriate attending physician. CEO Terrell Edwards says the software as a service routes calls or messages to doctors based on rules provided by the physicians themselves.
—PharmaSecure, based in India and Cavendish, NH, provides products and services that help pharmaceutical manufacturers deter drug counterfeiting. By printing a code on prescription drug blister packs, co-founder and CEO Sarah Hine says PharmaSecure enables patients to send a text message, using the code to get an automated reply that verifies the drugs are authentic. She says counterfeit drugs in India claim hundreds of thousands of lives annually and take between 10 and 20 percent of drug manufacturers’ revenue in the $50 billion market.
The best operational effectiveness award went to CellTrak. “This is not as sexy as some of the other companies,” TripleTree’s Erickson says, “But at the end of the day, it really solves a pain point, which is in home healthcare.”
Best Consumer Experience
—hopskipconnect, a Boston-area company, has developed a Web-based service that transmits timely, contextual, and personalized messages for any mobile device that are designed to motivate and encourage patient compliance in nutrition, exercise, and related health programs. CEO Rick Lee says a hypertension pilot program conducted with EMC in 2008 helped to reduce high blood pressure among employees in the test group.
—Great Connections, which was started in Sweden and moved to San Diego last week, has developed technology that transmits ultrasound and X-ray medical images to any mobile device. Co-founder and CEO Asa Nordgren says, “You can have a crappy ol’ clamshell phone and it works.”
—ZMQ Software Systems, a software development company based in New Delhi, India, uses online gaming to promote healthy behavior by delivering messages, for example, about safe sex to prevent the spread of HIV. The company’s chief technology officer, Hilmi Quaishi, did not make a scheduled appearance.
—Zeo, a Newton, MA, company that has developed a lightweight wireless headband device that monitors the user’s quality of sleep. CEO David Dickinson says the gadget transmits data to a bedside display, and the company provides web-based analytical tools and e-mails personalized coaching advice to help users improve the quality of their sleep.
The best consumer award went to Zeo. As TripleTree’s Erickson put it, “Sleep is both a driver of behavior and a consequence of behavior at the same time. Sleep is something that is becoming more and more germane to every therapy.” Zeo will be presenting again on June 17 at XSITE 2010, the Xconomy Summit on Innovation, Technology, and Entrepreneurship in Wellesley, MA.