One hospital's take on 'Shark Tank'

3 compete in Boston Children's 'Innovation Tank'
By Bernie Monegain
10:52 AM
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Boston Children's Hospital has named three finalists to compete for $30,000 and investment advice from industry leaders in the hospital's first Innovation Tank.

ABC's Shark Tank personality, Daymond John, will moderate the event, called "Taking on Tomorrow." It is part global summit and part a take on The popular TV show as the three finalists compete for $30,000 to boost their innovation.

[See also: Venture+ Forum shows IT the money]

The competitors and their projects are:

  • CareAline Products (Kezia and Mike Fitzgerald). Kezia and Mike Fitzgerald are parents who innovated out of necessity and created CareAline Sleeves and Wraps for their daughter, Saoirse, who was battling neuroblastoma and undergoing chemotherapy at Dana Farber Boston Children's Cancer and Blood Disorders Center. CareAline Sleeves and Wraps are unique line management systems for PICC and central lines, PEG and G-GJ tubes and various other catheters. The CareAline Wrap is tubular, keeping lines off of skin and bypassing the need for tape or makeshift devices to hold lines in place.
  • HubScrub (Sarah Goldberg, MD and Ali Ataollahi, Boston Children's Hospital). Hospital-acquired bloodstream infections from central-line catheters are a major cause of pediatric complications, resulting in significantly higher cost of care and mortality rates. The HubScrub is a cordless device that will effectively automate and standardize sterilization of the external connector of the central line, called the hub, with the potential to greatly diminish this source of life-threatening infections in children and free the caregiver to focus on other time-sensitive tasks and patient care.
  • Kurbo Health (Joanna Strober and Thea Runyan). Kurbo Health is a mobile weight loss program designed for kids and teens ages 8 to 18. Kurbo offers a fun and engaging mobile app to help young people make healthier eating choices and lose weight. The app is supplemented by weekly personal coaching via phone and text aimed at supporting kids to learn healthy habits for a lifetime. The Kurbo program is licensed from the Lucile Packard Weight Control Program at Stanford University.

[See also: Boston Children's takes care global.]

A panel of venture capitalists, clinicians/researchers and industry leaders will consider pitches from the three finalists who seek investment for their business or product solution designed to improve pediatric care. Judges will decide who lands the $30,000 investment, which is sponsored by Philips Healthcare.

[See also: Boston Children's Innovation Showcase.]

The moderator and judges are:

  • Daymond John (moderator): John, founder of the sportswear brand FUBU, is also an author, consultant, motivational speaker and television personality on ABC's critically acclaimed reality business show Shark Tank.
  • Leonard Zon, MD (judge): Dr. Zon is the founder and director of the Stem Cell Program at Boston Children's Hospital and a pioneer in the use of zebrafish as a platform for drug discovery.
  • Bob Davis (judge): Bob Davis is a General Partner at Highland Capital Partners.
  • Santo Politi (judge): Santo Politi is a Founder and General Partner of Spark Capital.
  • Ivan S. Salgo, MD (judge): Dr. Salgo currently serves as Senior Director, Global Cardiology, Philips Ultrasound.
  • Halle Tecco (judge): Halle Tecco is a Founder & Managing Director of Rock Health.

For more information about Taking on Tomorrow and the Innovation Tank, visit takingontomorrow.org.