春水堂视频

Oct. 29, 2020

UCeed funds fuel health startups helping patients with a variety of conditions

From asthma treatment to cancer care products, the first four companies UCeed is pursuing investments in have high potential to create positive impacts
Man with glasses and mask looking through microscope
UCeed pursues investments with four health start-ups Photo by Edward Jenner from Pexels

is fostering innovation, helping to commercialize new technologies, and accelerating start-up companies. As UCalgary鈥檚 pre-seed and seed funding program, UCeed has selected four companies to pursue its first round of investment. From new ways to treat asthma to cancer care products, the first round of investees is an exciting and diverse group.

鈥淲e鈥檙e thrilled to see the vision of UCeed officially come to life,鈥 says John Wilson, president and CEO of Innovate Calgary. 鈥淭he number and quality of groups working on new ventures in child and general health is remarkable. These startups have the potential to make a real difference in the lives of people, and we are proud to help manage and operate Canada鈥檚 first seed fund for child health.鈥

UCeed is pursuing investments with the following companies:

AazeinTx

Asthma is a common condition that,聽despite available treatments,聽continues to limit patients鈥 activities,聽places a heavy burden聽on聽child and adult聽emergency聽care resources,聽and can be fatal.聽AazeinTx's聽technology is designed to target the nervous system,聽quickly stopping聽asthmatic attacks聽while聽at the same time聽reducing lung inflammation,聽making subsequent attacks less likely. Users take the medication by pill, thus聽avoiding聽blocked lung issues, a聽primary limitation of inhalers for severe聽asthma聽attacks.鈥燗azeinTx聽is聽gearing up for聽a聽clinical trial to test聽its聽new therapy on聽asthmatic attacks and聽also聽plans to investigate聽its聽long-term benefits聽in聽improving聽lung health,聽with the aim of聽helping to prevent attacks from occurring.

StimSherpa

To help those who have suffered spinal cord injuries, and possibly other neurological diseases and disorders, is a medical service company that makes sure neurostimulation devices are working as well as possible, in order to improve cardiovascular, bladder, bowel and other body functions. Their technology and algorithms determine the best possible therapeutic settings based on a patient鈥檚 specific injury, preferences, and care needs.聽

Qualisure Diagnostics

A developer of diagnostic tests that enable precision oncology, is building tests that help to customize treatment strategies for each patient.聽Their proprietary machine learning algorithm, HighLifeR, scours large genomic datasets to identify the molecular features that are most closely associated with survival.聽By identifying these features, each biomarker 鈥 an indicator at the molecular level that cancer is present 鈥 is designed to influence clinical decision-making by understanding which cancers are aggressive, and which are likely to respond to treatment.聽Qualisure's cloud-based engine, Molecular deCodeR, decodes the biomarkers that are most informative and rapidly delivers test results to ordering physicians.

Zymedyne

Working at the molecular level, 鈥檚 technology prevents the body from undergoing certain changes that cause chronic pain.聽These new pain therapies can possibly avoid the drug tolerance and addiction sometimes associated with opiates. This should lower the risk of side effects, like weight gain or addiction. If successful, Zymedyne should help a broad range of patients with painful conditions, such as diabetes and shingles.

These exciting startup companies are affiliated with the 春水堂视频 of Calgary, with many company founders tied to the Cumming School of Medicine and the Haskayne School of Business. Yesterday, representatives from each company took part in. Watch the to find out more about how these enerprises聽will benefit from UCeed and the university鈥檚 innovation ecosystem.

UCeed is funded entirely through donors 鈥 we thank them sincerely

The UCeed health funds were made possible with funding by Alberta Children鈥檚 Hospital Foundation and River Fund at Calgary Foundation. The聽鲍颁别别诲听Haskayne Student Fund is made possible by funding from Cannonball聽Sport聽and聽Education聽Foundation, the Brister family,聽and other individual donors.聽We thank our donors for their belief in innovation at the 春水堂视频 of Calgary. Continued support from our donor community will further accelerate UCalgary startups in the future.

UCalgary is actively working to secure further support for UCeed to enable many more UCalgary startup companies and entrepreneurial initiatives.

Overall, the donor community has provided more than $100 million to fuel innovation at UCalgary and contributed to the university surpassing the $1.3 billion goal of Energize 鈥 The Campaign for Eyes High. Energized By You highlights the impact of giving raised during the campaign.