Le Lézard
Classified in: Health, Science and technology
Subject: AWD

Madison Startup Otologic Technologies Wins Life Sciences Category in the 2019 Wisconsin Governor's Business Plan Contest


MADISON, Wis., June 11, 2019 /PRNewswire/ -- The Wisconsin Technology Council honored Madison-based health tech startup Otologic Technologies, Inc. with their top award in the Life Sciences Category of the Wisconsin Governor's Business Plan Contest on Wednesday, June 5. Otologic Technologies is developing an artificial intelligence system to help doctors better diagnose ear disease. The startup was founded this year to commercialize technology developed at The Ohio State University.

"Studies show that up to seven out of every 10 times a doctor looks in someone's ear the diagnosis is not completely correct," says Dr. Aaron Moberly, Chief Medical Officer at Otologic Technologies. "The problem isn't the doctors, it's the outdated tools and subjective nature of the exam process. You're looking for answers with a little magnifying glass and a light stuck in a patient's ear."

The Otologic Technologies system will capture five second video clips of the patient's inner ear, compare it to a database of known cases, then display pictures of similar diagnosed cases to the doctor on a computer display. The doctor makes the ultimate diagnosis, but this time with guidance from the artificial intelligence.

"We chose to incorporate in Wisconsin because of the incredible number of resources for health tech startups," says Dr. Moberly. "The Wisconsin Technology Council is a great example, and we're honored to win the Life Sciences category in the Governor's Business Plan Contest."

The company is in the early stages of development and products will require regulatory clearance before launching to the health care market.

The 2019 Wisconsin Entrepreneurs' Conference was held at Milwaukee's Venue Forty Two and concluded with the distribution of awards for the 13 finalists in the contest, which were selected from nearly 200 entries across the state.

For more information, visit otologictech.com.

SOURCE Otologic Technologies


These press releases may also interest you

at 13:26
Introducing: The Dr. Vidal Sheen Grant for Healthcare Students
In a bid to foster excellence and innovation in the healthcare industry, the esteemed Dr. Vidal Sheen proudly announces the launch of The Dr. Vidal Sheen Grant for Healthcare Students. With a robust focus on academic prowess, compassionate care, and...

at 13:17
Rexall Launches First Pharmacist Care Walk-In Clinic in Barrie
Rexall is proud to unveil its first Pharmacist Care Walk-In Clinic in Barrie, Ontario on Friday, April 19. Located at 353 Duckworth Street, the clinic will offer personalized care to the community while providing immediate pharmacist treatment for...

at 13:13
Hartford HealthCare makes Earth-friendly pledge of carbon neutrality by 2050
Caring for communities extends beyond life-changing work in operating rooms and physician offices. Hartford HealthCare leadership today highlighted its corporate responsibility to environmental, social and economic sustainability in announcing its...

at 13:04
CONCEPT MEDICAL ANNOUNCES ENROLLMENT OF FIRST PATIENT IN "MAGICAL-ISR" IDE STUDY IN THE US
Concept Medical, a pioneer in innovative drug delivery technologies, proudly announces the commencement of its groundbreaking IDE clinical study, "MAGICAL-ISR" using MagicTouch ? Sirolimus drug coated balloon (DCB), for the management of in-stent...

at 12:30
American College of Physicians issues clinical recommendations for newer pharmacological treatments of adults with Type 2 diabetes
The American College of Physicians (ACP) today released an update of its 2017 guideline with clinical recommendations for the use of newer pharmacological treatments of adults with Type 2 diabetes. The clinical guideline is based on the best...

at 12:10
Pieris Pharmaceuticals Announces 1-for-80 Reverse Stock Split
Pieris Pharmaceuticals, Inc. today announced that its Board of Directors has approved a 1-for-80 reverse stock split of the Company's common stock, par value $0.001, which will be effective at 5:00 pm Eastern Time on April 22, 2024. The Company's...

More news about Health...


News published on and distributed by: