Medical Device Startups Sana Health and PhotoniCare Win Awards at The MedTech Conference
This week, more than 3,000 MedTech-focused executives and innovators traveled to Philadelphia for The MedTech Conference. Sana Health, a startup in the current Dreamit HealthTech cohort, and PhotoniCare, a Dreamit HealthTech alum, collected two of the biggest prizes at the event.
Sana Health won the MedTech Innovator competition, which included more than 700 other MedTech startups from the around the world. With the win, Sana received a $350,000 prize.
Data from the National Institutes of Health has shown that more than 10% of adults in the United States deal with chronic pain. The current standards of care for chronic pain include expensive treatments like surgical interventions, physical therapy, or medication, which typically also have limited efficacy.
Sana has developed a wearable therapeutic device based on a different modality for treating chronic pain. The device uses neuro-modulated light and sound stimulation to increase neuroplasticity, leading to significant reductions in pain perception.
PhotoniCare received the AdvaMed Virginia Shimer Rybski Memorial Award and the MedTech Innovator Execution Award at the conference. In the process, the company also earned a $25,000 prize.
In the United States, five out of every six children deal with an ear infection by the time they reach six years of age. Ear infections develop in the middle ear; however, otoscopes, which are the devices physicians use to diagnose the condition, only provide a view of the eardrum surface.
To fix this problem and bring ear infection diagnosis into the 21st century, PhotoniCare created ClearView, which is a non-invasive medical device that accurately diagnoses ear infections by providing a clear view of the middle ear.
With this momentum from The MedTech Conference, both Sana Health and PhotoniCare are poised to continue their work to bring transformative medical devices to market.
