J. Steven Alexander, PhD, Professor of Molecular and Cellular Physiology at LSU Health Shreveport, and his company, Arganum Transplant Solutions, was named the winner of Startup Prize 2021: Focus on Health. Arganum Transplant Solutions aims to transform the organ preservation market by providing a method to convert ‘marginal’ donor organs into ‘acceptable/optimal’ organs by preventing post-implant inflammation which causes transplantation failure, called ‘delayed graft failure’.
Arganum Transplant Solutions was one of four finalists for this year’s Startup Prize, which focused on health and health innovation startup companies. To qualify for the finals, entrepreneurs needed to have a health-focused business, such as a medical or surgical device, therapeutic, health technology, health service, or drug research, and attend one of the Mentor Events. Dr. Ricardo Costa, CEO of Arganum Transplant Solutions and Postdoctoral Fellow at LSU Health Shreveport, and Dr. Alexander, President of Arganum Transplant Solutions, presented their final business plans and pitch to the Startup Prize panel of judges December 10-12. As the winner of the competition, they receive $10,000 cash and a variety of professional services to further expand their company. ###