MN Cup announced MicroOptx, Inc. as its 2017 grand prize winner. The Life Science/Health IT division champion, MicroOptx, was awarded the $50,000 grand prize at the 13th annual MN Cup awards celebration.
MicroOptx is a medical device company that makes implants for halting the progression of glaucoma. Glaucoma, a disease of the optic nerve, is the world’s leading cause of irreversible blindness. MicroOptx’s breakthrough Brown Glaucoma Implant has put a stop to vision loss in animals by reducing pressure on the optic nerve and redirecting fluid to the eye’s surface.
Read the full press release here.
Lurie’s Managing Partner and MN Cup Judge Beth Kieffer Leonard was featured in a recent Finance & Commerce article, stating that the contestants were especially impressive this year, which made the final selection difficult.
“They all had incredible ideas. MicroOptx stood out because it offered an opportunity to make a huge impact on blindness,” Kieffer Leonard said. “[The implant] is a simplistic, elegant solution that has significant positive results.”