From left, MDI students Erik Davis, Trong Dong, Bob Janisch, Maria Ghaderinejad and Kenneth Karanja.

First graduates of U of M's Medical Device Innovation program join the med-tech community

Multiple graduates have already started their own companies, and two are finalists for the 2015 MN Cup

By Emily Gasperlin
Wednesday, September 9, 2015

Last October, Minnesota Business shared a story about the Medical Device Innovation (MDI) program offered through the University of Minnesota’s Technological Leadership Institute at the College of Science & Engineering (read that story here). And now, almost a year later, the first cohort to complete the program has graduated.

These graduates completed Capstone projects focused on analyzing global business opportunities and cost reduction or business development strategies, and many of these projects were sponsored by medical device companies.

They are also going on to do big things in the community. Two of the therapeutic area teams have started their own companies based on the work they did through the MDI program. Other graduates have started companies that are finalists for this year's MN Cup competition — Trong Dong is a finalist in the student division (Rakuna Co.) and Erik Davis is a finalist in the life science/IT health division (POPS! Diabetes). Yet another graduate completed a project with Medical Device Center and The Office of Technology Commercialization at the U of M to improve upon and supplement the methods the Medical Device Center currently uses to determine the patenetability of new U of M inventions.

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