AdhereTech wins Healthcare Innovation World Cup

AdhereTech, a med reminder startup from the Summer 2012 Blueprint Health class, recently won the $50,000 Healthcare Innovation World Cup sponsored by Boehringer Ingelheim and organized by NYC-based independent healthcare research organization HITLAB (Healthcare Innovation Technology Lab). The annual competition challenges innovators in healthcare and IT to help solve global health issues; this year’s focus was diabetes prevention and management. AdhereTech is nearly to market with an M2M-connected compact bottle for pills or liquids that not only reminds, but also provides a measurement of pills/liquids remaining in the bottle [TTA 28 March]. Second place with a prize of $10,000 went to Indian company Team IITKgp which is developing a non-invasive blood glucose measurement device. Runners-up: in third place with an award of $5,000 was India’s Team SmartSense, developing a multianalyte sensing device for diabetic ketoacidosis (DKA) and Ohio’s Team EndoGoal, a mobile and web-based social rewards program for people with insulin-dependent diabetes who track daily glucose levels. All four teams had previously received $2,500 for reaching the final rounds as semi-finalists in the US and India. The awards were hosted by the German Center for Research and Innovation (GCRI). Congratulations to all. Release.  Website