The problem: Every year more than one million babies die of respiratory illnesses, most in low-to-middle-income countries.
The solution: an affordable, high quality, low-tech pressure ventilator.
AIM Tech, of the University of Michigan, which created a ventilator to help children in developing countries, won the 2017 Cardinal Challenge business plan contest on Sunday.
NeoVent costs less than 1/100th the price of existing ventilators, the team says, is easy to use and requires no electrical power. AIM Tech won $15,000 cash and a $100,000 Launch in Louisville incentive of in-kind services, provided the company locates in Louisville.
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