News Release

Immediate Release

Semi-Finalists Chosen for BioInnovation Challenge

Halifax, NS – August 29, 2016

The semi-finalists have been chosen for the 2016 edition of The BioInnovation Challenge (BIC).

Scott Moffitt, Managing Director of BioNova, the host of BIC, announced today that a selection committee has chosen the semi-finalists who will take part in the program. The semi-finalists will receive professional pitch training between now and the semi-final run off, which will be held in Halifax on October 25.

BioNova has once again partnered with BioNB and PEI BioAlliance, its sister organizations in NB and PEI, to allow up and coming life sciences companies from all three Maritime Provinces to compete in the challenge.

“We’re very excited about this year’s BioInnovation Challenge,” said Moffitt. “We have semi-finalists from Nova Scotia, New Brunswick and Prince Edward Island which shows just how much life sciences innovation is happening around the Maritime Provinces.”

Moffitt also notes that, “we are continuing to see exciting, new innovation as the BioInnovation Challenge evolves to offer more and more support for early stage companies.”

The semi-finalists are:

  • Novagreen East from Nova Scotia
  • Audioptics from Nova Scotia
  • RPS Biologiques Inc. from Prince Edward Island
  • Chinova Bioworks from New Brunswick
  • MacKenzie Health Care Technologies Ltd. from Nova Scotia
  • Biopharm Nexus from New Brunswick
  • NovaResp Technologies.from Nova Scotia
  • SomaDetect from New Brunswick

The winner of the BioInnovation Challenge will receive a $15,000 seed investment and a package of support services and mentoring valued at more than $30,000. For the first time since its inception in 2011 the second and third place finalists will also receive in-kind services valued at over $5,000.

The 2016 BIC is presented by BioNova in partnership with the Atlantic Canada Opportunities Agency, BioNB, PEI BioAlliance, Dalhousie University Office of Industry Liaison and Innovation, Springboard Atlantic, Cox & Palmer, Jennifer Cameron PR, JLT, PwC, Sandler Training and Grant Thornton.

BIC will take place over two days in October. The 8 semi-finalists will present to a panel of judges on October 25 at the Life Sciences Research Institute. The top three presenters will then pitch to the judges and the conference audience at BioPort Atlantic, BioNova’s annual conference, the following morning.  The winner will be announced at the close of BioPort Atlantic on the afternoon of October 26.

BioPort Atlantic will take place at the Halifax Marriott Harbourfront Hotel on October 25 and 26. BioPort provides a forum to educate, inform and inspire the life sciences community to develop their ideas, commercialize their technologies and build links within the region and with guests brought in from the US and from around the world.

About BioNova:

BioNova is the industry association leading the advancement of the life sciences sector in Nova Scotia. BioNova leads and supports its members as we build a successful, self-sustaining life sciences industry in Nova Scotia. By promoting the industry and its successes, building relationships both inside and outside the province and creating networking and educational opportunities. BioNova aims to accelerate the commercialization success of Nova Scotia’s life sciences businesses and organizations.

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