STROMA, a medical device start-up that can “turn brown eyes blue,” has won the LaunchPad Award at OCTANe MDIF 2011. This award is given to the start-up company that received the combined highest score in the LaunchPad evaluations held prior to the event. STROMA beat out fourteen finalists out of the dozens of life science companies that applied to present at OCTANe MDIF 2011.
According to Luis Vasquez, VP of Entrepreneurship at OCTANe, “The LaunchPad evaluation process evaluates medical device companies on twenty-nine metrics that we have found to be critical to start-up medical device company success. STROMA’s combined score was the highest of all the very-well qualified companies that we evaluated prior to MDIF 2011.”
LaunchPad is OCTANe’s hand’s-on, pro-bono accelerator for start-up companies in the technology,life science, and clean tech industries.
LaunchPad helps entrepreneurs turn ideas into successful businesses. OCTANe’s goal is to help new companies get started, help start-ups get funded, help funded companies grow, and help growing companies get to liquidity exits, and create new jobs. LaunchPad is one of the ways we get that done. With LaunchPad’s help, over 59 companies have raised more than $96 million in start-up capital, seed and series A investments. Learn more at www.octaneoc.org/home/launchpad/
Strōma Medical Corporation is a development stage medical device company located in Laguna Beach, California. The Company, founded by Gregg Homer, JSD (PhD) in 2009, has developed a patented system, comprised of a laser, slit lamp, and proprietary software, to change human eye color safely and effectively. This non-invasive treatment does not require anesthesia, has minimal recovery time, takes less than a minute to perform on each eye, and will result in dark eyes changing to natural-looking blue or green eyes for consumers around the world.