ANN ARBOR – After months of preparation and training leading up to the finals Feb. 16, Clot Buster – a startup developing a medical device to safely and rapidly remove clots for stroke treatment – has been named the overall winner of the 2018 Michigan Business Challenge.
As the recipient of the Pryor-Hale Award for Best Business, Clot Buster will use its $25,000 prize to finalize development of its device and complete safety and efficacy testing.
“Prior to competing in the Michigan Business Challenge, we had a solid proof of concept for our device but didn’t know what it would take to bring it to market,” said Yang Liu, founder of Clot Buster and scheduled to graduate from UM with a doctorate in 2019. “Through each round of the competition, the Zell Lurie team and judges provided valuable feedback, which helped us refine our business plan and pitch. We now feel confident in our product and business development roadmap and are more determined than ever to bring Clot Buster to market and save millions of lives from stroke.”
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