Just a update on the Radx NIH maternal challenge .
Significant or not is still not clear to me.
The timeline to announce a winner was April 2024 but the timeline has been extended.Not sure when the announcement could be made. Cardiex are in the final round after progressing through 2 previous rounds.
Just some initial thoughts but i would think a win or just making the final could give an opportunity for adoption of pulse to be used in the maternal space.
Amount of the Prize: The total prize purse for this challenge is $8,000,000. Prizes will be awarded following the successful completion of each phase of the challenge in the following amounts:
- Viability Assessment - $20,000 per winner; up to 25 winners
- Deep Dive Assessment - $75,000 per winner; up to 12 winners
- Technology Assessment – prizes will be disbursed across the following stages within this Phase:
- Interim Milestone: up to $320,000 per winner; up to 10 winners
- Testing & Verification: up to $525,000 per winner; up to 6 winners
- Runner-Up: up to $300,000 per winner; up to 2 winners
- CardieX
- Caretaker Medical, LLC
- Dionysus Digital Health, Inc.
- HemoSonics, LLC
- Global Access Diagnostics / Mologic, Inc.
- MyLÚA Health
- PyrAmes, Inc.
- Sanguina
- Sibel Health
- Washington University in St. Louis / Armor Medical Inc.
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