The National Capital Consortium for Pediatric Device Innovation will award up to $250,000 in prizes at the fifth annual Pediatric Device Innovation Symposium.
The consortium – led by the Sheikh Zayed Institute at Children’s National Health System in Washington, D.C., and the A. James Clark School of Engineering at the University of Maryland is seeking proposals.
“Receiving the symposium award was the start of great things for Velano, as it provided essential funding, expert services and validation that served as a bedrock for venture capital investment, FDA clearance and commercialization in hospitals nationwide,” said Velano Vascular CEO Eric M. Stone. Velano, with its PIVO needle free blood draw device, won the 2014 competition and is a member of the 2017 symposium planning committee.
“The Sheikh Zayed Institute and the competition are critical to the future of innovation for pediatric devices and we are grateful for their support and efforts to help our kids.,” Stone said.
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