mHealth Israel wrapped up a big day at Tel Aviv University by announcing 6over6 as the winner of their startup pitch contest. For a third annual conference, they’re building fast. They doubled their attendance from 250 to 500 this year and added several new topics of discussion. The company’s flagship solution, GlassesOn, measures refractive errors and gives precise prescription diagnostics to users. It is available for download on both iOS and Android devices.
“We are honored to win this incredible competition, especially given the caliber of startups we were competing against,” 6over6’s co-founder and CEO, Dr. Ofer Limon, commented after winning the competition. “This is a major milestone for us, as mHealth has enabled us to promote our idea with healthcare entrepreneurs, potential investors, and industry giants from around the globe.”
6over6 scored a free trip to the Medical World Americas Conference in Texas to meet with the Texas Medical Center and other big health representatives.
The finalists also included big data cancer diagnostics company BiopMedical; machine learning startup Medaware, which identifies prescription errors in real time; Taliaz Diagnostics, which develops predictive analysis for genetics; patient management platform Datos Health, VR rehab company Recover.io and ICU analytics tool Intensix. Select runners up grabbed an opportunity to present at Medica in Dusseldorf, while first through third place will get the chance to work in the Merage Institute at UC Irvine. The judges were from pharmaceutical and biomedical corporate giants like AstraZeneca, Novarts, Philips and AARP.
The mHealth industry is forecast to be worth $59.15 billion by 2020 according to an analysis by Markets and Markets. That number indicates just how pervasive mobile health technologies are becoming as they make their way into a position as mainstays in the global medical industry. mHealth Israel attendees came from around the world to offer short, rapid sessions about global mhealth trends on the main stage. Some focused on the relationship between hospitals and innovation, still others gave a snapshot of digital health in China, the rest of Asia and Africa. A cadre of venture capitalists outlined where their own firms were planning to focus in 2016, including from Germany, Japan, Italy, the UK and U.S.
“We have been working on the raw physics and algorithms for a year and a half, followed by an accelerated development process taking place for the past 14 months,” Limon later told Geektime after the event. He says that it’s a unique blend of software and hardware engineering that lets them do what they do, so the pressures to get it right are extremely high.
They are looking forward to launches in the near future for online prescription service iPrescribe and prescription analyzer CopyGlass. They’re pushing into the U.S. market for now, which gives their upcoming trip to Texas added gravitas. But Limon is excited by the prospects of helping Chinese consumers, where he claims 80% of high school graduates need glasses and the country only has one optometrist per 250,000 people. For now, Limon will have to channel that excitement into productivity as he brings his company to the next level in talks with Texan businessmen.
Limon noted, “We face great challenges from a pure physics point of view, how to measure refraction and lenses without the use of other lenses, through image processing challenges that will provide flawless accurate results, to one of a kind user experience that will guide the users how to follow a totally new exciting flow that they haven’t been acquainted before.”