US-Russia Innovation Corridor takes Russian medtech startups to Philadelphia

Although the relations between the two powers have reached historic lows, US-Russian cooperation in scientific and technological fields is still partly alive.

Thus the US-Russia Innovation Corridor (USRIC) — a cooperation framework created by Nizhny Novgorod and Maryland universities in early 2013 — announced yesterday the participants in its Fall 2015 MedTech program.

These five Russian startups will travel to Philadelphia, PA and Washington, DC in November 2015 for a customized medtech acceleration program. During this time, they will meet with universities, corporations, accelerators, and investors.

  • Advanced Dental Cloud: A secure, cloud-based SaaS for dentists to exchange CAD/CAM files between scanning centers, dentists, and milling centers. The solution streamlines the prosthodontics process, and connects scanning specialists, dentists, and dental milling centers. It will also allow prosthodontists to design teeth replacements and then create them using third-party milling centers.
  • Exoatlet: A 30lbs. rehabilitation device for people who have lost functionality of their legs. If nerve damage is not complete, the device can help return leg functionality; if damage is 100%, it helps to preserve higher quality of life by exercising legs and reducing dystrophy of lower body organs. The product is being developed as a cost-effective device compared to global counterparts.
  • iBinom: A cloud based platform for deciphering genetic data. After a sequencing machine processes a blood or tissue sample, the output is GBs of raw data. A doctor can then upload the data to iBinom, and in 1-2 hrs receive a report about hereditary diseases that a patient is predisposed to. iBinom supposedly deciphers genetic data much faster than existing competitors.
  • MD4ME (Liandri Health): Founded by a hematologist, is a software solution for blood tests (Liandri Health) that streamlines doctor’s work by checking test result parameters and marking those that are within norm and do not need doctor’s attention, and shows test results to a patient in graphs and pie charts instead of just numbers.
  • MyGenetics: A genetic testing kit focused on improving users’ diet and lifestyle based on genetic data. The product is distributed through a website and a network of partners-health centers, fitness clubs, doctors, dietitians, etc.
This past summer, however, the sudden dismissal of Kendrick White, a US venture capitalist who had occupied an important position in the Nizhny Novgorod university, raised concerns about the cooperation prospects between the two countries in the field of tech innovation.
Topics: E-health, International, News, Startups
Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.