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The New Jersey Life Sciences Vendors Alliance (NJLSVA) is a coalition of businesses, individuals and academia who provide goods and services to New Jersey’s life sciences companies.

The NJLSVA was founded to educate suppliers on trends in industry procurement and public policy that affects the life sciences industry.

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NJIT Entrepreneurs Work to Patent Needle Technology

Newark, NJ, February 14, 2013 — NJBIZ’s Katie Eder reports that an entrepreneurial group of New Jersey Institute of Technology (NJIT) undergraduate students is one step closer to patenting and marketing painless needle technology after securing $6,000 in seed capital by winning two recent contests sponsored by Capital One Bank.

According to Eder’s story, in spring 2012, Isaac Daudelin, a sophomore biology major at NJIT, enrolled in an interdisciplinary design studio course in the university’s honors college, where students work with faculty advisers on their own unique research projects.  

After agreeing on the idea to create an inexpensive medical device that would eliminate the pain of needles during shots or blood tests without the use of anesthetics, Daudelin and his team members — mechanical engineering major Brian Taylor, biology major Jeremy Jen and electrical engineering major William Heberling — developed a basic prototype of their invention through $3,000 provided by their professor, who entered their TouchCare company into Capital One’s Newark Innovation Acceleration Challenge.

After receiving a $3,000 prize at that competition last fall — as well as pro bono small-business services and mentorship to further develop the concept through a fellowship at Capital One’s learning laboratory in NJIT’s technology incubator — Daudelin and his business partners were entered into a multi-college contest sponsored by the banking giant, where they took home the first-place ribbon and another $3,000 in seed capital on Feb. 8.

After the students finish testing their TouchCare device on live neurons to guarantee its application, Daudelin said they will apply for a patent and attempt to obtain necessary approvals to bring their company to the marketplace.

In the meantime, Eder reports, the students are hoping to secure yet another $3,000 round of startup funding from Capital One, as the bank is currently giving its social media audience a vote to distribute the additional capital to one of the three winners of the Cross Campus Challenge through its “Investing for Good” Facebook site.

To read Eder’s NJBIZ story, click here.