SC-backed group funds medical startups in life sciences push

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South Carolina's Thriving Life Sciences Industry

South Carolina's life sciences sector has experienced significant growth, contributing $25.7 billion annually to the state's economy and employing numerous firms. This growth is fueled by funding initiatives supporting innovative medical startups.

SCRA-Funded Medical Innovations

  • Baby Strong: A device assisting newborns with feeding difficulties, receiving $75,000 in funding and seeking FDA approval.
  • Health Evolve Technologies: An app connecting home medical devices to healthcare providers, receiving $75,000 in funding.
  • Pensievision: A startup developing a device for early cervical cancer detection, receiving $150,000 in funding and planning a study in Malawi.

These examples highlight the impact of the SCRA's investment in fostering medical innovation and improving healthcare access, particularly in underserved areas.

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