Lift Labs Design, a healthcare engineering company that uses stabilization technology as part of the foundation for a cutlery for people with essential tremor is one of three companies that walked away with awards from the American Association of Retired Persons’ Innovation@50 Live Pitch event this week.
It walked away with the judges’ award. Lift Labs’ technology is designed to reduce the motion problems; it doesn’t entirely cancel the tremor, but provides significant stabilization. It’s designed to improve the quality of life for people with Parkinson’s disease or other conditions with essential tremor. Specifically, it helps overcome the challenge of eating with Parkinson’s disease. According to CEO Anupam Pathak, the product was launched on the market in February and has had sales that have brought the company to break-even stage without a penny spent on marketing but simply based on the partnerships it has developed. In response to questions, he said the technology may help people stay in their homes longer.
Careticker is a web-based platform celebrating caretakers who help loved ones age in place by providing a tool to help demonstrate what they are doing to look after the patient. Users can do certain tasks to collect rewards and also connect with other caregivers on its social network. Careticker won the consumer choice award.
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Clear Ear won a new segment of the competition. Startups which didn’t make it into the core of finalists offered one-minute elevator pitches summarizing their products followed by a quick Q&A session with judges. Clear Ear developed a medical device to soften and remove ear wax, which can become more problematic as people age.
Each of the winners will get registration and exhibit space at AARP’s Life@50 event in San Diego later this year, an iPad Mini, a trophy, a meeting with AARP management and five hours of AARP Innovation team mentorship.
Among the judges were Shirley Bergen of TEDMED, Graham Brooks of 406 Ventures, Lynne Chou of KPCB, Peter Grua of HLM Venture Partners and Krishna Yeshwant of Google Ventures.
