NSF SBIR Phase I (7/6/2020)
This week, the National Science Foundation (NSF) awarded Theraneutrics a small business innovation research (SBIR) Phase I grant worth $225,000. During the 12 month Phase I research, Christoph Geisler, founder and CEO of Theraneutrics, will lead a study to optimize engineered probiotics and test if they can safely and effectively treat elevated uric acid levels in an animal model.
Uric acid is a compound that is a normal product of healthy human metabolism. If uric acid levels rise too high, needle-sharp uric acid crystals form in joints. The result is gout, characterized by extremely painful inflammation and joint erosion.
Prescription gout drugs all have serious side effects and are not effective for many gout patients in lowering uric acid to a safe level. Supplements that are marketed towards gout fail to address the root cause of gout and do not lower uric acid levels at all.
Theraneutrics is developing a probiotic supplement specifically engineered to biodegrade uric acid and lower uric acid levels, thereby addressing the root cause of gout. Unlike prescription gout drugs, probiotics don’t enter the circulation, making them inherently safer. Moreover, Theraneutrics’ product is designed to be affordable and accessible, so you don't need to have expensive health insurance.
MECSL Competition (3/14/2020)
Three innovative startups were recently named winners of the Microbial Ecology Collaborative Startup Launchpad (MECSL), which paves a new path for Wyoming entrepreneurs focused on microbial ecology and data science.
The launchpad, a statewide entrepreneurship platform, is sponsored by the Wyoming Technology Business Center (WTBC) and Wyoming’s Established Program to Stimulate Competitive Research (EPSCoR), both at the University of Wyoming. The launchpad provides $25,000 in seed capital funded by the National Science Foundation and Wyoming EPSCoR.
“The pitches were a reaffirming display of innovation, determination and opportunity in Wyoming,” says David Bohling, director of the WTBC.
In recognition of the significant potential of the startups, all three companies received capital awards of varying amounts.
SEWYIL Competition (2/26/2020)
The 2020 Southeast Wyoming Innovation Launchpad saw ten highly-driven teams of entrepreneurs pitch their ideas to audiences in both Cheyenne and Laramie. All ten teams successfully presented and defended their concepts leading to the unexpected result of all ten teams receiving initial startup capital.