Inside the Silicon Valley ‘brain trust’ taking aim at COVID-19.
care infrastructure, StartX launched a coronavirus task force last month comprised of more than 70 companies, each with a specialized role in addressing major challenges presented by novel coronavirus pandemic -- from supply chain optimization to innovative testing platforms.
The companies have, to varying degrees, made progress in their line of work. Some with existing platforms or technology have simply accelerated efforts. Others have completely pivoted, hoping to make contributions to the cause -- and in the process carve out a new lane for business. Medics and hospital workers prepare to lift a COVID-19 patient onto a hospital stretcher outside the Montefiore Medical Center Moses Campus on April 07, 2020, in the Bronx borough of New York.
But as a member of StartX, and because of its existing relationships with health care systems, Sentinel also has been in discussions with another StartX company, called GEn1E Lifesciences, to help identify patients for an upcoming clinical trial for their acute respiratory distress syndrome treatment."For them, that's a big deal," Shah said.
Health care workers tend to drive-in patients at the ProHEALTH Care coronavirus testing site on April 15, 2020, in New Hyde Park, New York."The bigger picture is we see the ARDS approval as our stepping stone to the larger diseases we can work on," Lao said."So if anything, this will be helping us in terms of moving faster and in terms of what we want to do with our company."
Earlier this month, StartX organized a special investor pitch database, called"demo day," for prospective venture capitalists to review the incubator's stable of companies. In two-minute video pitches, company founders and CEOs made their case to prospective investors, describing how their new or evolving coronavirus-related technology might take in hopes of attracting an influx of cash.
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