Rhode Island Inno: Medley Genomics took home the top prize of $50,000, which includes $25,000 in cash, at Cox Business’ sixth-annual #GetStartedRI pitch competition last night.
ReliaBra also brought home a prize: $5,000, for winning the Audience Choice award.
“[The prize] will help us continue on with the work we’re doing here and making a difference,” Medley Genomics founder Patrice Milos told Rhode Island Inno.
Milos’ startup is looking to make cancer a chronic illness as opposed to a terminal disease by taking a closer look at the “molecular fingerprints” of a patient’s cancer, therefore providing a more specific and customized treatment plan. Last year, the company received a $50,000 Innovation Voucher to continue its work with Rhode Island Hospital and was named one of Rhode Island Inno’s 50 on Fire winners. In 2018, it was also named one of the state’s Coolest Companies.
Providence Business News: Medley Genomics, a data analytics company focused on tumor cells and creating targeted and personalized cancer treatments, won the Get Started Rhode Island Pitch Competition Thursday, taking home the grand prize valued up to $50,000, including $25,000 cash. The company was pitched by Medley Genomics co-founder, president and CEO Patrice Milos. Read More
Providence Business News: The region’s largest food maker and seller, along with a company that builds enclosures to transport wedding cakes, were among the 33 companies that were celebrated in PBN’s seventh annual Fastest Growing & Innovative Companies awards program Tuesday night at the Crowne Plaza Providence-Warwick. Read More
This week on Executive Suite: Noni Thomas López, head of school at The Gordon School; Patrice Milos, president and CEO of Medley Genomics.
Medley Genomics was selected from an applicant base of over 200 start-ups, as one of the nine participants in the Philips HealthWorks Startup Program running in Cambridge MA, focused on Oncology. The program which began in February and runs for 12 weeks has the company engaged in an intensive learning cycle with Philips, providing unparalleled access to experts from across their business and the Cambridge innovation community.
This represents a signature program for Philips which has transitioned to becoming a global health technology leader it has created an outstanding network of experts, healthcare partners, global innovation hubs and a world-class, healthcare-compliant technology platform. As part of their open innovation initiative, they are making these assets available to selected startups via their startup program that is run across the globe in key health technology developmental sites like Cambridge.
From a Medley Genomics perspective Philips’ provides deep knowledge of the molecular information systems required for physician decision making. With the Cambridge Philips HealthWorks Startup Program focused on Oncology: Precision Cancer Care, Medley Genomics has the opportunity to understand the physician/patient facing perspective that Philips offers during the course of the program. This understanding will allow the company to truly envision and build a future where Medley Genomics can truly change the course of cancer care for patients by delivering individualized therapies, optimizing combination therapies and avoiding disease relapse.
The program, based in Cambridge, MA, the site of the future North American headquarters for Philips, continues through May 10th and will culminate in company Pitch presentations to the Philips Leadership and Philips Innovation Partners from across the globe.
Medley Genomics Partners with Lifespan to bring clinicians new ways to identify novel, personalized cancer treatments through advanced analytics able to translate diversity of tumor genomes. Read More