On February 7, 2020 UCLB spinout companies Odin Vision and Echopoint Medical reported that received awards at the 2019 SEHTA MedTech Business Awards on Thursday 6 February, alongside guest speaker Dr Eric Mayes, CEO, Endomag (Press release, UCLB, FEB 7, 2020, https://www.uclb.com/2020/02/07/two-uclb-spinout-companies-announced-winners-at-the-2019-sehta-medtech-business-awards/ [SID1234554050]).
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Echopoint Medical took home the Investment of the Year Award. This was for their achievements in receiving equity investment from UCL Technology Fund and Parkwalk Advisors, as well as significant InnovateUK grants to develop their technology. The spinout is developing optical sensing technology to help heart disease patients in a grey zone where the need for treatment is unclear.
Odin Vision, a spinout arising from the UCLB Portico Ventures Programme, took home the Start-Up Award and was named as a runner up in the Investment of the Year category. The AI start-up is using advanced computer vision and machine learning to help clinicians improve the detection and treatment of colorectal cancers during endoscopic procedures.
As winners of 2019 SEHTA MedTech Business Awards, both spinouts will be entered into the national Medilink UK Awards taking place on 1st April.