Smith & Nephew returns as co-sponsor for annual M2D2 competition for entrepreneurial medical device companies (press release)
LONDON, Feb. 2, 2015 /PRNewswire/ -- Smith & Nephew (NYSE: SNN;LSE: SN), the global medical technology business, is proud to announce it will again co-sponsor the Massachusetts Medical Device Development (M2D2) Center's New Venture Competition. The annual, nationwide competition is designed to showcase innovative ideas coming out of early-stage medical device companies.
"We are thrilled that Smith & Nephew is sponsoring M2D2's New Venture Competition again this year," says Stephen McCarthy, M2D2 Director and Professor of Plastics Engineering, University of Massachusetts Lowell. "Due in large part to this type of continued collaboration, our service prizes will double this year."
For 2015, the competition's prizes have been increased from $50,000 to $100,000 of in-kind services including facilities, engineering, legal, business and medical device assistance from Smith & Nephew and other co-sponsors, as well as M2D2, a joint initiative of theUniversity of Massachusetts' Lowell and Worcester campuses.
For past winners, the competition has delive...
