Actuated Medical Receives SBA's Prestigious Tibbets Award
The U.S. Small Business Administration (SBA) selected Actuated Medical as a 2020 Tibbetts Award Winner. The SBA presents these national awards to companies who exemplify the very best of the Small Business Innovation Research (SBIR) program. Actuated Medical is one of 38 winners of the prestigious award for 2020.
BELLEFONTE, Pa. - Jan. 20, 2021 - PRLog -- The award is named for Roland Tibbetts, acknowledged as the father of the SBIR program. Winners are selected by a panel of judges based on the economic impact of their technological innovation, how they supported federal research and development needs, and their ability to increase commercialization of federal research.
"The Actuated Medical Team is honored to be recognized with the SBA 2020 Tibbetts Award. Our NeuralGlider Inserter was initially funded with an NIH SBIR with follow on funding from the Brain Initiative. NeuralGlider allows the implantation of fine and delicate neural implants to precise locations in the brain. Its clinical applications will enable a person with a prosthetic the ability to control the motion with their brain or allow implants that turn off the symptoms of debilitating diseases such as Parkinson's. The SBIR program has been instrumental in bringing this technology to the research community. We look forward to taking the system out into clinical use soon.
To remain competitive, the USA needs to invest in infrastructure. This investment, of course, includes roads and bridges, but it also means investing in the USA High Tech Innovation Ecosystem. The country needs to maintain its technology leadership position. The SBIR/STTR program has been a leading mechanism in advancing the USA Innovation Ecosystem since 1982. We are proud to be a part of the country's technology leadership community." Maureen L. Mulvihill, President and CEO, Actuated Medical, Inc.
About Tibbetts Awards and SBIR
Read about the 2020 Tibbetts Award winners - https://www.sbir.gov/
Learn more about Tibbetts Awards - https://www.tibbettsawards.com/
Learn more about the SBIR Program - http://sbir.gov/
About Actuated Medical, Inc.
Founded in 2006, Actuated Medical is a product innovator that uses electronically controlled motion to develop devices for research and clinical use. Their devices solve unmet clinical needs in target markets (e.g., gastroenterology (GI), oncology, critical care and pediatrics). They use a diverse funding model to bring their products to commercial exits. Due to the COVID PPE shortage, in just 7 days they were able to bring up an FDA compliant Face Shield manufacturing line to support first responders. Actuated Medical a certified women-owned business located in central Pennsylvania and is ISO 13485:2016 certified.
For more information, please visit http://www.actuatedmedical.com
Actuated Medical, Inc.