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September 17, 2020
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TheraB Medical Chosen as Winner of Parkview Health and MATTER’s Healthy Mom and Baby Innovation Competition and Accelerator
FORT WAYNE, INDIANA. (September 17, 2020) – TheraB Medical has been chosen as the winner of Parkview Health and MATTER’s 2020 Healthy Mom and Baby Innovation Competition. This competition seeks entrepreneurs who have found innovative ways to reduce infant mortality rates, whether this is through products, software, or programs. After being previously chosen as 1 of 10 semi-finalists, TheraB’s CEO Alexa Jones virtually presented SnugLit on June 1, 2020. Upon completion of this round of the competition, TheraB was chosen as 1 of 5 finalist teams to undergo the accelerator and partake in the final pitch day, in which a winner is selected for a pilot study opportunity at Parkview Health in Fort Wayne, Indiana.
Throughout the accelerator, TheraB’s team collaborated with key hospital stakeholders from Parkview Health, as well as numerous mentors from MATTER's healthcare incubator, to aid in the development and commercialization of SnugLit and design a feasibility study proposal. After 3 months, TheraB’s CEO and Founder, Alexa Jones, presented their pilot proposal to healthcare professionals, Parkview leaders, and outside investors. TheraB was chosen out of the finalist teams to undergo a pilot study at Parkview Health, along with the runner-up CandleLit Therapy.
“It has been a fantastic experience working with the Parkview Health and MATTER teams over the last few months and we are so grateful for the opportunity to continue this partnership,” says Alexa Jones. “We can’t wait to launch our pilot study!”
Throughout the accelerator, TheraB’s team collaborated with key hospital stakeholders from Parkview Health, as well as numerous mentors from MATTER's healthcare incubator, to aid in the development and commercialization of SnugLit and design a feasibility study proposal. After 3 months, TheraB’s CEO and Founder, Alexa Jones, presented their pilot proposal to healthcare professionals, Parkview leaders, and outside investors. TheraB was chosen out of the finalist teams to undergo a pilot study at Parkview Health, along with the runner-up CandleLit Therapy.
“It has been a fantastic experience working with the Parkview Health and MATTER teams over the last few months and we are so grateful for the opportunity to continue this partnership,” says Alexa Jones. “We can’t wait to launch our pilot study!”
TheraB Medical is a medical device company commercializing its first product, SnugLit — the only portable, wearable phototherapy garment that allows maternal-infant bonding and breastfeeding without interrupting treatment.