SoyMeds, Which Wants To Develop Edible Vaccines, Wins Five Ventures Competition
Posted April 7, 2006 11:08 a.m. EDT
CHARLOTTE, N.C. — SoyMeds, Inc., a spinout of UNC Charlotte that is developing ways to produce edible vaccines made of soybeans, won the grand prize at Thursday's
conference at UNC Charlotte.
The company is a collaboration between two UNCC biology professors, Kenneth Piller and Kenneth Bost.
As the grand prize winner, SoyMeds receives $5,000 in cash, and will also receive mentoring and educational services.
Another UNCC spinout, Crystal Farm, Inc., won the top student team award of $2,000. It is developing electronic chip technology that is sturdier, has less defects and can withstand higher power, temperatures and frequencies.
Five finalists competed in a final round that featured grilling by venture capitalists and sales consultants. Others competing were Cardiovascular Resonances, LLC, a spinout from East Carolina University; KnowNow, from Duke University; and YAP.mp, based out of Wake Forest University.
The annual day-long competition is put on by UNCC's Office of Technology Transfer.