New Orleans BioInnovation Center - www.neworleansbio.com
January Bullet 9 Bullet 2017


Year in Review: 2016 Highlights

The BioInnovation Center saw major growth in our state's life sciences community in 2016.
Our Commercialization program provided free consulting services to more than 50 startups,
helping with business plans, regulatory strategies, pitch development, and other projects,
including successful applications for
 over $2 million in grant awards. The team also presented
more than 20 educational events for over 1,100 attendees.
 

The New Orleans BioFund closed deals with seven local businesses and expects to eclipse
this number in 2017. This brings the fund's total capital commitments to over $3.25MM.
The BioFund is also working closely with several startups to prepare them for upcoming major funding rounds, with plans to syndicate those deals with regional investors to help
entrepreneurs obtain the capital they need to take their businesses to the next level.

Below we've highlighted successes from several emerging Louisiana startups. With support from our partners, we continue to expand and serve more innovators and researchers across the state. We look forward to collaborating with you and seeing more big achievements in 2017.
 

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Upcoming Events: 

January 18
Navigating IP Minefields: Patent Clearance Strategies in Today's Legal Climate 
12:00 - 1:00pm
Presented by Jones Walker LLP

February 2
Networking Happy Hour
4:30 - 6:30pm  






Research and Health Services Highlights:

AAAneurysm Outreach conducted free Abdominal Aortic Aneurysm screening events in 2 states and introduced a stand-alone screening for Peripheral Artery Disease--directly saving lives by discovering this silent killer. In addition, outreach programs provided patient education materials to people throughout the country, with risk assessment information for AAA and PAD. The addition of two board members in Louisiana, who join those in Florida, will provide even greater outreach in 2017.

LaCell LLC made two important new hires in the third and fourth quarters of 2016. Trivia Frazier (PhD) and Stanley Smith (BS) are now an integral part of LaCell's SBIR-funded research team focusing on developing "fat on a chip" and pressure ulcer cell therapies, respectively.

The Founder & President of TMS BioScience Labs, Pleasant F. Hooper (M.D.), participated in two team projects awarded a NSF I-Corp grant to commercialize scientific innovations. Dr. Hooper mentored Nicholas Pashos, Ph.D candidate in Tulane's BioInnovation program, and his BioAesthetics innovation for breast reconstruction surgery by use of an acellular scaffold graft for nipple-areola complex regeneration. The team's PI is Dr. Bruce Bunnell from Tulane's Center for Stem Cell Research and Regenerative Medicine. Also in 2016, Dr. Hooper mentored Jason Ryans and Ashwin Sivakumar, Ph.D. candidates in the Tulane Biomedical Engineering program, and their Flux Diagnostics NSF I-Corps-awarded innovation to provide point-of-care infectious disease testing for the cattle industry. Principal investigator for FluxDx is Dr. James Robinson of Tulane Pediatric Infectious Disease. TMS BioScience Labs is a proud sponsor and partner with Tulane and the Center in promoting future innovation and startup companies.



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Advano Takes Aim at Streamlining Nanoparticle Manufacturing
Advano expanded to 3 full-time employees, a larger board of directors, and a 6-person advisory board comprised of Tesla early investors, lithium-ion battery experts, and ex-CEOs. The company demonstrated initial performance enhancement of their materials in a lithium-ion battery in collaboration with Tulane, as well as signing MOUs/LOIs with four customers including one intending to sponsor development. The company also established a partnership with Argonne National Laboratory and expanded its partnership with multiple departments at Tulane University.
APMT CEO Alex Reed
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APMT Advances Next-Gen Solutions to Improve Polymer Production
Advanced Polymer Monitoring Technologies (APMT) released a second generation version of their industrial ACOMP product which monitors polymer reactions online and in real time at a polymer manufacturing facility. APMT, in partnership with Tulane and LSU, reached a milestone when ACOMP successfully achieved the automatic control of polymer molecular weight during synthesis. APMT also filed several patent applications throughout the year. Finally, Alex Reed, CEO of APMT, was recognized by Forbes on their 30 Under 30 list for manufacturing. 
Better Day Health Launch
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Better Day Health's Clinical Documentation Platform Improves Care for Louisiana Providers
In 2016, Better Day Health raised almost one million dollars ($5.1M total), signed its first two customers, Center for Orthopaedics and LSU Healthcare Network, was selected by CIOReview magazine as one of the "Top 50 Most Promising Healthcare Solution Providers 2016", and presented its first customer case study findings at Nuance Healthcare's booth during a national health IT industry conference, HIMSS 2016.
ICONIC Protein photo via drinkiconic.com
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Be Well Nutrition Expands ICONIC to 2,300 Retailers Nationwide
Be Well Nutrition, Inc. had a breakout year in 2016 with the nationwide launch of our ready-to-drink grass fed protein shake, ICONIC. Some of the accomplishments include a revenue increase of 400% from 2015, national distribution throughout the U.S., as well as an increase in number of stores where ICONIC Protein is sold to over 2,300 retailers. Be Well has also grown it's team with the addition of 3 new members and will continue to hire in 2017 as expansion continues. More info on ICONIC Protein including retailers where the product is sold can be found at www.drinkiconic.com.
InnoGenomics co-founders
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InnoGenomics Launches Improved Forensic Testing Products Globally
2016 was a big year for InnoGenomics, with the commercial release of their DNA testing kits, InnoTyper 21 and InnoQuant HY, that enable forensic DNA laboratories to successfully analyze challenging biological samples. The news garnered exposure in GenomeWeb and other media outlets, while fruitful collaborations with prominent members of the forensic science community such as the National Institute of Standards & Technology (NIST) and Netherlands Forensic Institute (NFI) generated data that demonstrated the utility of the kits, leading to presentations at international symposia in the U.S. and Australia, and publications in journals such as the International Journal of Legal Medicine. The company also expanded its global distribution network in Asia and South America, and made significant strides in developing a cancer monitoring IVD blood test under a project funded by a National Cancer Institute (NCI) SBIR Phase I contract.
Pine Biotech CEO Elia Brodsky
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Pine Biotech Harnesses Big Data Analysis to Enable Biomedical Research and Drug Discovery
In 2016, the Pine Biotech team completed a commercial project assisting the Acorda Therapeutics research team with analysis of Phase 0 clinical trial data. Pine was chosen as the winner of the 2016 Pistoia Alliance President's Startup Challenge, providing a cash prize of $20,000, access to Thermo Fisher data resources, and collaboration opportunities and mentorship from big pharma like Astra Zeneca, Merck, and others. The company also completed Propeller Accelerator Health sector and joined the Idea Village CAPITALx program starting in 2017. Presenting their bioinformatics platform as an educational solution to academia, the team received support from researchers at LSU, Tulane, Xavier, UNO, Haifa University and Duke to collaborate on launching hands-on education workshops in 2017. Pine is also now in the process of finalizing strategic collaborations with researchers at Tulane Medical School and LSU Health School of Medicine to launch a number of validation studies in the coming months.
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The New Orleans BioInnovation Center, part of a new wave of advancements in Louisiana, is at the forefront of
today's biotechnology surge. As a cornerstone of Louisiana's commitment to nurturing biotechnology,
the Center is a technology business incubator that works to stimulate bioscience entrepreneurship statewide.


 Contribute to the Center by shopping online -- make purchases at smile.amazon.com and
Amazon will donate to support our programming for Louisiana entrepreneurs.