Orlando / Gainesville / Boca Raton, Fla. — The Florida Institute for the Commercialization of Public Research (The Florida Institute) recently finalized a funding agreement for SegAna, LLC, an Orlando-based company with technology developed at the University of Central Florida.
The Florida Institute supports new company creation based on publicly-funded research, and bridges early funding gaps for companies spinning out of Florida-based universities and research institutions.
SegAna is a medical technology company that will produce deformable four-dimensional lung phantom simulators for enhancing lung cancer radiation treatment. SegAna’s lung phantoms are 3-D printed with patient specific details, including elastic and radiographic properties. The lung phantom, when coupled with SegAna’s simulator, trains the physician to develop precise treatment parameters which are translated directly to the patient’s radiation treatment.
“Lung cancer is the most common cancer worldwide and accounts for more deaths than any other cancer in the U.S.,” said Rodney Bosley, Chief Executive Officer of SegAna, LLC. “Our patent pending state-of-the-art technology will enhance the treatment of lung cancer by training the physician to accurately treat the tumor during normal breathing of the lung, which reduces radiation damage to lung tissue surrounding the cancer, ultimately improving patients’ outcomes.”
“There are over 220,000 new lung cancer cases reported annually in the United States, and an estimated 80 percent of the cases are treated with radiation therapy,” said Florida Institute Chief Executive Officer Jackson Streeter, MD,. “The Institute looks forward to supporting SegAna as the company works to improve lung cancer treatment and associated outcomes for patients fighting this disease.”
SegAna, LLC is a client company of the University of Central Florida Business Incubation Program at Central Florida Research Park in east Orange County.
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Rodney Bosley, CEO, SegAna LLA, 610-213-4349 , email@example.com
Carol Ann Dykes, Site Manager, UCF Business Incubation Program 407-207-2426 firstname.lastname@example.org
Beth Payan or Larry Vershel, email@example.com or 407-644-4142 Larry Vershel Communications Inc.
About the Florida Institute
Formed by the Florida Legislature in 2007, the Florida Institute for the Commercialization of Public Research is a non-profit organization that works collaboratively with the technology licensing and commercialization offices of Florida’s state universities and private research institutions to leverage a $2B+ research base and form investable companies that create clean jobs in new industries that are driving the global economy. With funding from the State of Florida through the Department of Economic Opportunity, and through the generosity of mentors, advisors and donors, the Institute provides company building services, and seed funding through the Florida Technology Seed Capital Fund, to promising Florida startups. Sixty-one companies have been funded to date, and the Institute’s economic impact through June 30, 2016 in the State of Florida was $630 million.
About SegAna, LLC.
SegAna, LLC, is a medical technology startup company that will manufacture and sell deformable four-dimensional lung phantom simulators for enhancing lung cancer radiation treatment. Each phantom is manufactured with the patient’s specific lung details which trains the physician to develop precise treatment parameters.
About the UCF Business Incubation Program
The University of Central Florida Business Incubation Program is a community resource that provides early-stage companies with the tools, training and infrastructure to become financially stable, high growth / impact enterprises. Since 1999, this award-winning program has helped hundreds of local startup companies reach their potential faster by providing vital business development resources.
With seven facilities throughout the region, the UCF Business Incubation Program is an economic development partnership between the University of Central Florida, the Corridor, Orange, Osceola, Seminole and Volusia Counties, and the cities of Apopka, Kissimmee, Orlando and Winter Springs. Participating companies sustain more than 3,600 local jobs and have had a total impact of $1.51 Billion on regional sales and $2.48 Billion on regional economic output. During the last fiscal year, the program has returned $7.95 for every $1.00 invested in the program. For more information, visit www.incubator.ucf.edu.