NUI Galway spin-out Galenband wins “One to Watch” Award at Enterprise Ireland’s Big Ideas 2020

25th November 2020

Big Ideas Winner 2020
Stephen Creaner, Executive Director, Enterprise Ireland (right) virtually presents the Big Ideas 2020 “One to Watch” and “Viewers’ Choice” Awards to Eddie McDaid from NUI Galway spin-out Galenband

This afternoon, Eddie McDaid of NUI Galway spin-out Galenband, was presented with the “One to Watch” Award at Enterprise Ireland’s Big Ideas 2020.

Galenband was one of 12 investor-ready start-up companies to pitch their new technology solutions to investors at Enterprise Ireland’s annual showcase of start-up innovation emerging from higher education institutes.

The award was presented to Eddie McDaid, for the outstanding pitch of the day. Galenband, which is an Enterprise Ireland Commercialisation Fund supported spin-out, has developed a revolutionary heart monitoring system capable of increasing detection rates of ‘Silent Atrial Fibrillation’ from the 1.3% associated with current standard monitoring methods to 85%.

The Galenband solution features an unobtrusive wrist worn device which records heart activity continuously for up to 90 days. Results are analysed on the Galenband AI cloud platform in order to identify heart rhythm irregularities for clinicians.

A “Viewers’ Choice” Award was also presented to Galenband.

Each of the 12 start-ups had just three minutes to promote their innovations and business propositions to an online audience made up of the Irish research and business communities.

Other Big Ideas at this year’s event included a wearable sensor to manage vertigo and dizzinesss, a sperm sorting technology to revolutionise fertility care and technology that combines psychology and Artificial Intelligence to empower people to be their best selves at work.

Full details on the event are available at www.bigideas.ie

ENDS

Notes to editor:

About Galenband:

Galenband’s unobtrusive wrist-worn device records heart activity continuously for up to 90 days, offering reliable detection of heart rhythm abnormalities. Eddie McDaid leads the Galenband team of medtech and software engineering experts, partnered with co-founder Oisin McGrath, who invented Galenband at NUI Galway. Eddie has led the creation of multiple software platform businesses which have achieved over €50M in sales. Promoter: Eddie McDaid

Other Big Ideas 2020 included:

  • AthenaCX, a rapid, no-code, adaptive, multi-channel Experience Sampling Platform, has been developed by Prof Tomas Ward´s development team at DCU with product guidance from Willie Muehlhausen. Willie is a successful serial intrapreneur with 22 years´ experience in product development and he successfully managed teams who gained international recognition in Patient Experience sampling, virtual clinical trials and realworld data science. Promoter: Willie Muehlhausen

  • Drug safety professionals have to read hundreds of medical articles every week to find the most relevant ones. biologit’s artificial intelligence diligently finds important articles, saving time and money. The founding team is formed by Nicole Baker, Bruno Ohana and Seán Murphy. biologit is an ADAPT Centre research team working with Professor Lucy Hederman within Trinity College Dublin, School of Computer Sciences & Statistics. Promoter: Nicole Baker

  • BioPixS, a UCC spin-out, develops optical phantoms that simulate human organs and will help reduce the exploitation of animals in preclincal trials. Sanathana Konugolu-Venkata-Sekar, co-founder and CEO at BioPixS, is a deep tech scientist and an aspiring entrepreneur with experience as an advisor, director and mentor at various start-ups. The BioPixS team has 30+ years of experience with a unique understanding of the phantom revolution in biophotonics. Promoter: Sanathana Konugolu-Venkata-Sekar

  • A powerful combination of computational chemistry, quantum physics, high-performance computing and Artificial Intelligence, the BioSimulytics solution will allow for smarter, faster and more cost-effective drug development. The founders of the UCD spin-out BioSimulytics are Peter Doyle (CEO), Niall English (CTO) and Christian Burnham (Head of Product Development). As a team, they combine a strong mix of the key technical and commercial skills and experience required for growing the business. Promoter: Peter Doyle

  • What if there was technology that kept us connected, empowered and inspired to be good people at work? inclusio is combining technology, psychology and AI, to inform, inspire and empower people to be their best selves at work. inclusio was established in 2018 as a technology start-up in DCU by Sandra Healy founder and CEO. Sandra, together with her cofounders, Deborah Murphy and Arthur Lubambo, have built a diverse team of experts spanning AI, psychology and data analytics to bring inclusio to the global market. Promoter: Sandra Healy
  • Lifelet Medical is making sustainable heart valve leaflets for patients with heart valve disease, aiming for a solution that lasts a lifetime. Elle Sander and interventional cardiologist Prof. Faisal Sharif are co-founders of Lifelet, based in NUI Galway’s Lambe Institute. With a bioengineering and regenerative medicine background, Elle is motivated to realise the commercial ambition of Lifelet Medical. Promoter: Elle Sander

  • neoMimix is revolutionising fertility care worldwide through its novel sperm sorting technology. This innovative solution will improve outcomes and make fertility care more available to the one in six couples requiring fertility treatment. Sean Fair is a Reproductive Biologist and the CSO of the UL spin-out neoMimix. The core team also consists of Declan Keane (CEO) a clinical embryologist who established his own fertility group, ReproMed, as well as Eoin White (Design and Regulatory Lead). Promoter: Sean Fair

  • Nua Surgical is innovating in women's health. Its surgical retractor will make caesarean delivery safer and enhance patient recovery. Nua Surgical was developed out of BioInnovate Ireland and is currently based at NUI Galway. The founding team of Barry McCann, Padraig Maher and MarieTherese Maher have over 50 years combined industry experience covering commercial, technical and design control requirements. Promoter: Barry McCann

  • Current microfluidic technologies are not meeting the advanced technical requirements of the pharmaceutical, biomedical and aerospace industries. Stokes Microfluidics, a spin-out from the University of Limerick founded Dr Eric Dalton and Dr. Valeria Nico, has a solution. Promoter: Eric Dalton

  • NUI Galway spin-out SymPhysis Medical has developed a home-based medical device which will help late stage cancer patients suffering from breathlessness due to fluid build-up around the lung. Tim Jones is Co-Founder & CEO. With an engineering and commercial background Tim has worked with his co-founder Michelle Tierney for the last three years. Promoter: Tim Jones

  • Vertigenius is leading the way to better balance. It combines a unique wearable sensor with an app to help treat dizziness, vertigo and imbalance. Dr. Dara Meldrum is the inventor and founder of Vertigenius and is a Senior Research Fellow at TCD Academic Unit of Neurology. Promoter: Dara Meldrum

ENDS

For more information:

Brigid Burke

Press Office

Enterprise Ireland

Brigid Burke

+353 1 7272430

+353 87 1803995