FOR IMMEDIATE RELEASE

Forest Devices Voted MedTech Innovator 2019

Boston, MA (September 25, 2019), 1:14PM — Forest Devices, Inc., a startup medical device company developing the first portable stroke screening technology, has won the MedTech Innovator 2019 Showcase. Forest competed alongside a field of 800 other medical device companies for the title of “MedTech Innovator 2019.” In addition, Forest Devices received a $350,000 grand prize award.

MedTech Innovator is the industry’s non-profit global competition for medical devices, digital health, and diagnostic companies. Over 800 companies applied for this year’s program. Of those, 50 were selected to take part in the Medtech Innovator Showcase, and just five were chosen for a final pitch competition at the Medtech Conference in Boston, MA. On Tuesday, September 24th, Matt Kesinger, CEO, delivered the winning pitch. Upon accepting the award, Kesinger said, “It is an incredible honor to be recognized by the medtech community, especially given the other fantastic finalists in the competition. The funding will support us in bringing our game-changing technology to market.”

Forest Devices would like to thank Medtech Innovator for the opportunities, network, and resources provided through the program over the past few months. The company would also like to extend its gratitude to its investors, employees, and advisors who have made this possible.
Founded in 2015, Forest Devices, Inc. is a Pittsburgh-based medical device startup company that is developing AlphaStroke, the first device designed to detect stroke in any environment. The mission of Forest Devices is to reduce the disability of stroke victims by getting these patients needed treatments faster.

Read more here.

Congratulations to the #MedTechInnovator 2019 Grand Prize Award winner, @ForestDevices! We’re thrilled to present you with this recognition and look forward to your continued success in advancing healthcare to improve outcomes for stroke patients! #MedTechCon pic.twitter.com/CvAUPCpmmq

— MedTech Innovator (@MedTechAwards) September 25, 2019

We are excited to announce that Forest Devices has made it to the final round of MedTech Innovator 2019! Four other companies (Flosonics Medical, Koya, OncoRes Medical, and Venaria Medical) will be pitching, along with Forest, Tuesday, September 24th at the MedTech Conference in Boston for a chance the $350,000 Grand Prize as well as the title of MedTech Innovator 2019. We would like to thank the team at Medtech Innovator for their continued support, and we would also like to wish our competitors the best of luck.

If you would like to watch, the competition will be held at the Medtech Conference in Boston on the plenary stage at 3:45 PM ET on Tuesday, September 24th.

The Forest Devices team is excited to announce that the company has been accepted into the Medtech Innovator Accelerator Class of 2019. The prestigious program includes the opportunity to receive feedback from the largest manufacturers in the Medtech industry such as J&J, BD, Baxter, and Olympus; to gather input from some of the largest healthcare providers in the country, including UCLA Health, the Mayo Clinic, and Providence Health; and exposure to some of the largest investors in the healthcare industry including RCT Ventures, Aphelion Capital, Healthtech Capital, and Life Science Angels.

The Accelerator is a four months long virtual program, running from June to September with the goal of preparing the company for the Medtech Innovator Showcase where Forest will be competing for a spot as a finalist in the Medtech Innovator Competition and later for the Grand Prize spot.

The team is thankful to Medtech Innovator for the opportunity, and eager to learn from as much as possible from some of the best and most experienced people in the industry.