Andrew Rivard, a research consultant at the University of Minnesota’s Department of Surgery and a resident physician at the Unversity of Florida, believes he has a better way to deliver donor hearts. Traditionally this has been performed via a basic handheld cooler. However, Rivard says this method has a key limitation…read more.
The University of St. Thomas Schulze School of Business provided Hibernicor with the opportunity to examine its market planning; segmentation and target marketing; channels of distribution; competitive analysis; pricing, and product decisions in a course lead by Christine Creed, an adjunct faculty member with university.
With over 650 entries to the 2006 Minnesota Cup, Hiberncor ranked in the Top 10 following a second round of judging. The Minnesota Cup is an annual, statewide competition, which seeks out aspiring entrepreneurs and their breakthrough ideas. The competition was hosted by the University of Minnesota and Wells Fargo for its second year.
Together, Hibernicor and Minnetronix successfully launched the prototype heart preservation device as one of eight companies selected to participate in the New Technology Showcase at the Medical Alley Annual Conference & Expo, October 5 & 6, 2005 (now known as LifeScience Alley ).
Medical Alley Presentation
In a Minnesota Medical Foundation funded study, Dr. Ranjit John transplanted the first porcine hearts stored in a prototype heart preservation device at the University of Minnesota, Experimental Surgical Services. The study successfully demonstrated the feasiblity of system as it was designed for extended heart preservation.