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Student invention first to secure seed money from new UBC entrepreneurship fund

Posted Monday, 30 January 2012 15:08 by Lindsay Thom

Last October, Aeos Biomedical Inc. was selected the winner of the BCIC entrepreneurship@UBC Seed Accelerator fund competition, an investment fund created in partnership between UBC, UBC alumni and the Province of British Columbia through BCIC to support early-stage companies from the UBC community.

Today, UBC announced that the startup will receive a $50,000 equity investment from the fund for its product Target Tape TM, a medical adhesive tape that allows doctors to make more precise incisions during surgery.

How does it work?

  • TheTarget Tape surgical aid is a disposable, adhesive sticker with grid or ruler markings on it that appear in medical scans.
  • It is immediately removed and leaves behind an ink imprint of the pattern on the skin.
  • The surgeon correlates their target site to the guide pattern on the medical scan, and then reference this point on the patient's skin during the operation.

"Starting a company out of university can seem very daunting," says Aeos Biomedical co-founder Nick Seto. "Programs like entrepreneurship@UBC provide invaluable assistance with their connections and resources. Aeos Biomedical is grateful for UBC's continued support with this investment, and we hope that many other student-founded companies continue to benefit from this program."

Congratulations to Aeos!

http://aeosbiomedical.com/

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