At this year’s MIT Global Startup Workshop competition in Guatemala City, Koniku®, a startup company founded by Oshiorenoya (‘Osh’) Agabi, won the two top prizes: $10,000 in the Business Plan Competition and $2,000 in the Elevator Pitch Competition. Based on Osh’s doctoral research, Koniku is developing a technique to grow neurons on computer chips that extract information about the neurons as they grow. The chips can be use to test how neurons react to new drugs in real time. If the chip better informs the process of drug development, it could help the pharmaceutical industry streamline preclinical drug research, reduce costs and improve success rates during human clinical trials.
More on this story can be found on the Imperial College London and MRC Clinical Sciences Centre web sites.