A technology aimed at helping osteoporosis patients is the foundation of a new company launched by two University of Cincinnati professors.
OsteoDynamics will be housed in
BIOSTART, Cincinnati's life science company incubator. The company was formed with the help of
Integrated BioScience Solutions, or IGBS. David Ralph, CSO of IGBS, will be OsteoDynamics chief executive officer.
The company is based on technology developed by UC professors Amit Bhattacharya, PhD, and Nelson Watts, MD. This technology, based on the concept of "Bone Shock Absorbance" will go into the development of a new diagnostic tool that will test a patient's risk of bone fracture.
"The key to reducing the number of osteoporosis-related fractures and their associated health care costs is the availability of a diagnostic test that can better determine which patients are most likely to suffer these types of fractures," says Bhattacharya, a professor in the Department of Environmental Health. "With that information, we can then provide them with more effective medications and other interventions that have already been proven to reduce fracture risk."
In February, OsteoDynamics signed an agreement to license Bone Shock Absorbance technology from UC. The company also received $125,000 in seed financing from Southern Ohio Creates Companies.
The non- invasive test measures how the energy from a heel strike is absorbed and dissipated. It’s a new way of testing that measures bone quality and appears to be a better indicator of fracture risk that traditional tests.
"Our Bone Shock Absorbance technology has the potential to more accurately identify patients who will suffer an osteoporosis-related bone fracture than is currently possible with alternative diagnostic techniques," said Watts, professor of medicine and director of the Bone Health and Osteoporosis Center at UC.
Writer: Feoshia Henderson
Source: University of Cincinnati and BIOSTART
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