LaNua Medical, an emerging UCD spin-out supported by NovaUCD, was declared the winner of the Big Ideas Competition at this week's Enterprise Ireland’s Start-Up 2024 event in Dublin Castle.
As part of the Big Ideas award, LaNua Medical will now go on represent Ireland at the Pegasus Start-Up World Cup in San Francisco later in the year.
Dr Cormac Farrelly, UCD School of Medicine and a consultant radiologist at the Mater Misericordiae University Hospital, and a member of the LaNua Medical team, pitched at the event and was presented with the Big Idea’s Award by Minister for Enterprise, Trade and Employment Peter Burke TD.
LaNua Medical, an Enterprise Ireland Commercialisation Fund project, is developing solutions for problems in embolization. Embolization is a minimally-invasive procedure that can be used to treat, for example, internal bleeding or benign and malignant tumours. LaNua’s GateKeeper device blocks blood flow to select tissue, while enabling targeted therapeutic delivery aimed at reducing the risk of side effects.
The other members of the LaNua Medical team in addition to Cormac Farrelly are; Eoin O'Cearbhaill, Tom Fitzmaurice and Sajjad Amiri, UCD Mechanical and Materials Engineering.
Minister for Enterprise, Trade and Employment Peter Burke TD said, “I would like to congratulate LaNua Medical, a worthy winner of today’s Big ideas award and I have no doubt will go on to make Ireland proud at the International Start-Up World Cup in the US. Enterprise Ireland’s Start-Up Day offers an exciting snapshot of the future, showcasing investor-ready start-ups with disruptive technologies that will change our world for the better, as well as providing opportunities for keen investors.”
Leo Clancy, CEO, Enterprise Ireland, said, “The Big Ideas pitching element and awards at Start-Up Day provides a platform to showcase Enterprise Ireland’s commercialisation funded research approaching start-up status, with significant potential for success. The event also highlights the accomplishments of our national technology transfer system, the high calibre of research commercialisation activity within Ireland, and the significant impact these companies will have to help solve huge global challenges. I wish to congratulate LaNua Medical on their achievements to date and wish them every success at the Start-Up World Cup and beyond.”
Photos
Photo - Dr Cormac Farrelly, LaNua Medical with Peter Burke TD, Minister for Enterprise, Trade and Employment.
Photo 2 - LaNua Medical team members (l-r); Dr Eoin O'Cearbhaill, Dr Cormac Farrelly and Tom Fitzmaurice.
The above article was produced by the NovaUCD team.