GRADUATE WINNERS

Graduate 1^st Place

InnerVision, LLC – University of Arkansas

Faculty Advisor: Dr. Carol Reeves

Team members: Anoop Prasanna, Annelie Reckling, Elizabeth Slape, Jeff Veltkamp, Bryon Western

InnerVision’s Smart Turbine Blade^TM enables power generation facilities to radically change their maintenance programs, saving them millions of dollars each year on interval-based maintenance.  Our Smart Turbine Blade^TM captures real-time diagnostic information from the inside of the turbine and transmits data wirelessly to the outside 

Graduate 2^nd PlaceBiologics MD – University of Arkansas

Faculty Advisor: Dr. Carol Reeves

Team members: Dr. Robyn Goforth, Paul Mlakar, Dr. Misty Stephens, Michael Thomas BiologicsMD is a medication development company started by four University of Arkansas graduate students. The team has relevant experience in drug development, management, marketing, grant writing and regulatory processes. We are commercializing a new patent-pending pre-clinical osteoporosis medication called OsteoFlor. Competitive osteoporosis product classes are limited by side effects and low efficacy at growing new bone. OsteoFlor will increase bone mineral density over twice as much as the leading medication in a single annual dose. Importantly, it has had no observed side effects in preclinical studies. Osteoporosis drug sales reached $2 billion in the U.S. and $9 billion globally in 2008. Based upon industry comparables, we expect OsteoFlor will be valued at $160 after a successful Phase I clinical trial. Given the current pharmaceutical R&D pipeline gap, pending patent expirations, and product advantages, OsteoFlor represents a promising opportunity for acquisition by a large pharmaceutical company.

UNDERGRADUATE WINNERS

Undergraduate 1^st Place

Arkansas Auto-Fluff – University of Arkansas

Faculty Advisor: Mark Zweig

Team members: Ashley Giles, Mason Miller, Greg Savage, Alex Spinks

An Arkansas company that specializes in the recycling of end of life plastics from the waste stream of the automobile industry. The company is able to combine two current problems into one profitable solution.

Undergraduate 2^nd Place

UniPHI – University of Oklahoma, Norman

Faculty Advisor: Lowell Busenitz Team members: Blake Trippet, Hamid Pezeshkian, Lucas Rice, Daniel Parrot

Different standards and software protocols prevent the sharing of healthcare information between providers throughout the United States. UniPHI – the Uniform Platform for Healthcare Information – has developed a technology that will revolutionize the communication of healthcare by standardizing and networking differently formatted medical data stored in databases across the nation.