Contact lenses that deliver medications directly to the eye over a period of days or weeks was the recent grand prize winner of Massachusetts Institute of Technology’s Sloan Healthcare Innovation Prize.
The MIT Sloan Healthcare Innovation Prize competition had 8 finalists who pitched their healthcare innovations to judges from Optum and other local venture firms, as well as an audience in MIT’s Wong Auditorium.
Harvard Medical School affiliate Theraoptix won a $25,000 grand prize in the competition. Strand Therapeutics took home the second place prize of $2,000 for developing mRNA-based cancer-fighting drugs. Healthcare Hospitality Systems received a $500 audience choice prize for developing directional sound systems for hospital rooms.
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