MotionCorrect Blog
MotionCorrect: quick update on where we are at
Competition, MRI Conference, R&D and call for action
Greetings,
We previously met with you to discuss the problem when patients move in MRI scans and pitch a motion correction solution that we are actively working on. A lot has passed since we last talked, and we thought it would be a great time to update you on our progress. We are planning to make this newsletter monthly to update you on MotionCorrect’s activities and things we learn through the start-up process.
Competitions
Since April, we have been part of three business competitions. We are happy to announce that we were the Mark Ann winners at the Rochester's University, finished top 5% for the NIH NeuroStartup Challenge and 2nd for our particular invention, and 3rd for the Concordia Dobson Cup. Through the process, we met great people and received constructive feedback, and look forward in pitching again to potential investors at the end of the year.
MRI Conference
In June, we attended the International Society for Magnetic Resonance in Medicine (ISMRM) conference, where we saw tremendous interest for motion problems within the scientific community. We got in touch with MRI product managers from Siemens, GE, Philips and Toshiba, talked with exhibitors and potential partners, and attended insightful discussions, including one on the opportunity cost of MRI machines in clinical diagnosis.
Product Development
Regarding product development, we have initiated negotiations with the National Institutes of Health to license their proprietary solution, and are putting up a plan for field testing. We are working on extending NIH’s solution, have a solid software architecture in place, and are targeting the end of summer for a demonstrable motion tracking prototype as a first generation product. In addition, we have been fortunate to welcome an expert, Sylvain, with decades of software development experience into our team.
Hearing You Out
If you know anyone who shared the pain motion problems in clinical or research scans, either as a patient, a parent, a health professional, an administrator, an engineer or else, please put us in touch: our solution aims to solve real world problem and we enjoyed every single chance to learn from real world users who benefit from our future inventions. In particular, we look to hear from people with experience in private medical imaging clinics. We are currently in talks with business development services focused on medical imaging innovations and in early stage of collaboration agreement negotiation process with both MNI BIC and CRIUGM.
Funding
We have so far paid for all expenses out of our own pockets. However, the bulk of the material costs for building a prototype has taken a heavy toll on our personal capacity. We appreciate support of any kinds such as introduction to angel investors, financing opportunities, and competitions or grants.
We take this opportunity to thank you for your support! You have greatly inspired us and helped us direct our efforts, for which we are tremendously grateful. Thank you!
Competition, MRI Conference, R&D and call for action
Greetings,
We previously met with you to discuss the problem when patients move in MRI scans and pitch a motion correction solution that we are actively working on. A lot has passed since we last talked, and we thought it would be a great time to update you on our progress. We are planning to make this newsletter monthly to update you on MotionCorrect’s activities and things we learn through the start-up process.
Competitions
Since April, we have been part of three business competitions. We are happy to announce that we were the Mark Ann winners at the Rochester's University, finished top 5% for the NIH NeuroStartup Challenge and 2nd for our particular invention, and 3rd for the Concordia Dobson Cup. Through the process, we met great people and received constructive feedback, and look forward in pitching again to potential investors at the end of the year.
MRI Conference
In June, we attended the International Society for Magnetic Resonance in Medicine (ISMRM) conference, where we saw tremendous interest for motion problems within the scientific community. We got in touch with MRI product managers from Siemens, GE, Philips and Toshiba, talked with exhibitors and potential partners, and attended insightful discussions, including one on the opportunity cost of MRI machines in clinical diagnosis.
Product Development
Regarding product development, we have initiated negotiations with the National Institutes of Health to license their proprietary solution, and are putting up a plan for field testing. We are working on extending NIH’s solution, have a solid software architecture in place, and are targeting the end of summer for a demonstrable motion tracking prototype as a first generation product. In addition, we have been fortunate to welcome an expert, Sylvain, with decades of software development experience into our team.
Hearing You Out
If you know anyone who shared the pain motion problems in clinical or research scans, either as a patient, a parent, a health professional, an administrator, an engineer or else, please put us in touch: our solution aims to solve real world problem and we enjoyed every single chance to learn from real world users who benefit from our future inventions. In particular, we look to hear from people with experience in private medical imaging clinics. We are currently in talks with business development services focused on medical imaging innovations and in early stage of collaboration agreement negotiation process with both MNI BIC and CRIUGM.
Funding
We have so far paid for all expenses out of our own pockets. However, the bulk of the material costs for building a prototype has taken a heavy toll on our personal capacity. We appreciate support of any kinds such as introduction to angel investors, financing opportunities, and competitions or grants.
We take this opportunity to thank you for your support! You have greatly inspired us and helped us direct our efforts, for which we are tremendously grateful. Thank you!
