Cardiovascular Sciences, Inc. Selected for Advanced Invention to Venture Workshop
2008年3月12日 - 10:53PM
Marketwired
ORLANDO, FL , a client company of the award winning University
of Central Florida Technology Incubator program, was selected for
the Advanced Invention to Venture training and assistance. This is
an intense, practical oriented course facilitated by Courtney Price
and Mack Davis, cofounders of Venture Quest, Ltd.
(http://www.venturequestltd.com) and co-authors of the
entrepreneur's textbook, "Fueling Innovation." Entrepreneurship
training materials developed by Ms. Price and Mr. Davis have been
selected as the best entrepreneurship training available in the
country by the Kaufman Foundation of Kansas City, MO.
The program begins with an intensive four-day workshop that is
held around the country several times a year for a half dozen
invited companies, all at various stages of development. The
program is presented as part of a contract Venture Quest Ltd. has
with the National Collegiate Inventors and Innovators Alliance
(NCIIA, http://www.nciia.org). Following successful completion of
the initial program, there is a six to eight week customized
assistance and mentoring program provided to the individual
companies. This phase is mentored by any of a number of previously
successful entrepreneurs who have taken an idea from creation to
market. The goal is to help a company outline a plan of
commercialization of their technologies from out of the laboratory
and into the marketplace. This particular conference was hosted by
the UCF Technology Incubator in their brand new Winter Springs
Technology Incubator facility. Five other companies from areas as
far away as Virginia were selected and attended this program.
The overall goal of this valuable program is to help companies
identify and develop marketable technologies, bringing them out of
the laboratory and launching them successfully into the
marketplace. A series of online diagnostic tools developed by
Venture Quest Ltd. are made available to the companies to assist
the participating companies in developing and expanding their
organizational, operational and commercialization plans. There is
an emphasis on the rapid commercialization of the technology.
Included in the training and assessment is a review of many of the
various strategies for funding, protecting intellectual property
and options possible for licensing and distribution. The four-day
rigorous curriculum culminates with the participating companies
making targeted presentations before a group of investors and
entrepreneurial professionals.
"This workshop was intense but the material is invaluable,"
described Dr. Hooper following the successful completion of the
in-depth four-day workshop. "The process of carrying an invention
from the lab all the way to the marketplace is covered
step-by-step. I feel something like this is essential for any small
company in order to effectively and efficiently commercialize their
first technologies." He goes on to add, "I am really looking
forward to the continued assistance provided by the individualized
mentoring to assist us in continuing to moving forward from
here."
About Cardiovascular Sciences
Cardiovascular Sciences, Inc. is an advanced medical device
company which is developing a novel technology platform to address
the problem of post-surgical and post-traumatic adhesions.
Adhesions and the complications of adhesions are a significant
problem worldwide for a wide range of specialists, including
general surgeons, cardiothoracic surgeons, orthopedic, plastic, and
ophthalmologic and otolaryngology specialists to name just some of
them. In addition, the veterinary field has a tremendous need for a
product that can prevent similar problems in a wide variety of
animals. The Company's unique materials and processes promise a
more cost-effective and decidedly more efficient and capable means
to deal with a problem that has been so devastating to so many.
Current sponsored research at the University of Central Florida
(UCF) and previously at other institutions indicate that The
Company is on the right path and progressing well.
In addition to the anti-adhesion technology, The Company owns
technology in a variety of other areas, including thrombo-resistant
coatings, enhanced intra-arterial balloon pumping catheters, cell
engineered vascular tissues, and a method for improved recovery of
the heart following cardioplegia. This yields a diversified
portfolio with projects in various stages of development.
www.cvsciences.org
Forward-looking statements in this release are made pursuant to
the Safe Harbor Provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are subject to
certain risks, and uncertainties and actual results could differ
from those discussed. This material is information only and is not
an offer or solicitation to buy or sell the securities.
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For more information contact: Cardiovascular Sciences Investor
Relations 800-858-7502 ir@cvsciences.org
Cardiovascular Sciences (CE) (USOTC:CVSC)
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