Tag: Y-Prize

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Ossum Technologies Wins 2022 Y-Prize with Tool for Stabilizing Fractures

by Ebonee Johnson

Cerclage wire is used to stabilize pieces of fractured bone; the OsPass aims to make it easier for surgeons to put that wire into place.

The Y-Prize, a student startup competition based on technologies developed at Penn Engineering, is hosted by the Wharton School’s Mack Institute for Innovation Management, Penn Wharton Entrepreneurship and the Penn Center for Innovation each year. The team with the best pitch takes home $10,000 in investment funding.

This year’s winning team was Ossum Technologies, composed of Ananya Dewan, Hoang Le, Shiva Teerdhala, all students in the Vagelos Life Sciences and Management Program, Bioengineering major Karan Shah and Savan Patel, a student in the Jerome Fisher Program for Management & Technology.

The team utilized the steerable needle technology developed by Mark Yim, Asa Whitney Professor of Mechanical Engineering and Applied Mechanics, and colleagues. Yim’s device is a flexible needle that can be guided through soft materials with simple handheld controls, enabling users to pinpoint hard-to-reach areas that might otherwise require more complicated tools or robotic assistance.

Read the full story in Penn Engineering Today.

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Ossum Technologies Wins 2022 Y-Prize

Team Ossum Technologies

Ossum Technologies, a team of Penn undergraduates including several Bioengineering majors, has won the 2022 Y-Prize Competition. The annual Y-Prize Competition, which includes a $10,000 award, is sponsored by Penn Engineering, the William and Phyllis Mack Institute for Innovation Management at the Wharton School, the Venture Lab, and the Penn Center for Innovation, “challenges students to discover the hidden potential in Penn research” by taking technology from the lab to the marketplace.

Traditional hook versus OsPass

Team Ossum is comprosed of Ananya Dewan (Vagelos LSM), Hoang Le (Vagelos LSM), Shiva Teerdhala (Vagelos LSM), Karan Shah (SEAS), and Savan Patel (M&T). Karan and Savan are both bioengineering majors. Their winning pitch to a panel of expert judges proposed “a commercial application to remove obstacles to safe cerclage use in orthopedic fracture fixation with Penn’s steerable needle technology.” Initial work for Ossum’s device, OsPass, was done in the George H. Stephenson Foundation Educational Laboratory & Bio-MakerSpace, the primary teaching lab and interdisciplinary makerspace of the Department of Bioengineering which is open to any Penn students campus-wide.

Team Steed, who proposed “an application to make breast biopsies less painful and damaging,” placed among the competition finalists and included bioengineering majors Farhaanah Mohideen, Ananyaa Kumar, and Kristina Khaw.

Read the full announcement on the Mack Institute website.