Second Launch@Shares Competition Announced in Collaboration with
MTTC/MALSI Conference and MassBio’s MassCONNECT Program
NEWTON, Mass.–(BUSINESS WIRE)–LabShares
Newton, a shared office and laboratory incubator for emerging
biotechnology and life science companies, announced today that Savran
Technologies is the winner of the first Launch@LabShares
competition, providing a $50K year-long membership, including scientific
and operational support, to this novel diagnostics startup. This first
Launch@LabShares award is sponsored by Faber
Daeufer & Itrato, a life science focused corporate law firm, and DTWard
PC, a biotech intellectual property law firm.
“We are thrilled to be able to welcome Savran Technologies as a member
of the LabShares community,” said Jeff Behrens, co-founder and CEO of
LabShares Newton. “As our tenth member and first winner of our
Launch@LabShares award, Savran was selected based on their exciting
microfluidic technology, which focuses on whole cell isolation for both
prenatal and oncology diagnostics.”
Savran Technologies is a Massachusetts-based biotech company with a
mission to revolutionize non-invasive diagnostics via isolation of
ultra-rare cells. The company is developing applications for use in
prenatal and oncology testing. In the prenatal market, isolating intact
fetal cells from maternal blood is key to detecting many genetic
anomalies missed by today’s blood tests using fetal DNA fragments. In
oncology, liquid biopsies can be performed more frequently and less
invasively.
“We are honored to be selected as the first Launch@LabShares winner and
want to thank LabShares for this meaningful award as we grow the
company,” said Kathryn Roy, CEO of Savran Technologies. “LabShares’
support is extremely valuable to us as we develop non-invasive
diagnostics to transform oncology and prenatal testing.”
LabShares also announced today the second Launch@LabShares competition,
offered in collaboration with the Massachusetts Technology Transfer
Center’s (MTTC) 12th
Annual Massachusetts Life Sciences Innovation (MALSI) Day and
MassBio’s MassCONNECT
Program. A second life science startup will be selected for a one-year
membership also valued at $50K; the winner will be announced at the
MALSI conference, being held on June 27, 2019, at 8:00 a.m.-7:00 p.m.,
at the Kendall Square Marriott in Cambridge. The MALSI conference is the
flagship event of life science in Massachusetts, jointly and actively
arranged by all the major organizations that are involved in supporting
the life science start-up ecosystem in the Commonwealth.
Innovative, early-stage life science startups are encouraged to apply by
June 7, 2019, at www.labshares.com/launch.
The competition is open to biotechnology startups that are less than
three years old, have raised less than $2M, have fewer than five
employees, are headquartered in Massachusetts, and have a minimum of
$250K in money raised or grants won.
For more information on LabShares, or to arrange a tour, please contact
Hannah Schram at hannah@labshares.com.
About LabShares Newton, LLC
LabShares Newton is an office and laboratory incubator for emerging
biotechnology and life science start-ups. The shared space provides a
collaborative, affordable and entrepreneurial research environment for
early-stage companies in a convenient location close to Cambridge and
Boston. LabShares has developed a state-of-the-art facility that is
fully permitted and professionally maintained and offers a variety of
support services and amenities. For more information, please visit www.labshares.com.
About MTTC/MALSI
Massachusetts
Technology Transfer Center (MTTC) helps inventors, researchers, and
entrepreneurs bring innovative technologies from academic research
institutions to the market. By providing access to capital, coaching,
and connections, we accelerate the adoption of new technology, expedite
startup activity, and expand economic impact statewide. MTTC expedites
the transfer of new tech to local industries, fueling a crucial
(sometimes missing) link in Massachusetts’ robust economic ecosystem.
About MassCONNECT
MassBio is
the biopharma industry association in Massachusetts. The Innovation
Services team leverages MassBio’s extensive network to catalyze
innovation. Working with scientists within academic institutions,
startups, and big pharma, MassBio Innovation Services fosters
collaborations by convening and connecting the different players in the
innovation ecosystem.
MassBio’s MassCONNECT program
is the only entrepreneur mentorship program in Massachusetts that dives
deep into the life sciences. MassCONNECT matches entrepreneurs and
founders with seasoned life sciences professionals to accelerate and
commercialize innovation.
Contacts
Corporate Contact:
LabShares Newton
Jenna Stein,
857-222-5817
jenna@labshares.com
Media Contact:
Rozen Communications
Michele Rozen,
617-953-2214
michele@rozencommunications.com