EnterpriseWorks tenant PhotoniCare won second prize in the PROPEL Center of the iBIO 2015 Business Plan Competition on Oct. 29 in Chicago, which included a check for $2,500. Chicago-based Diagnostic Photonics won first prize.
Both PhotoniCare and Diagnostic Photonics are medical technology companies whose tech was developed at the University of Illinois in Dr. Stephen Boppart’s lab. PhontiCare’s handheld medtech device is designed to help physicians quickly and accurately diagnose middle ear infections during check-ups. Diagnostic Photonics is developing a handheld, high-resolution imaging system to be used in cancer surgeries.