UA STUDENTS WIN NATIONAL BUSINESS PLAN COMPETITION

Students at the U of A Walton College of Business have won first place in a national business competition.

Their enterprise, Tears for Life, is a breast cancer screening test that uses a woman’s tears to test for the disease. It is a noninvasive test kit that can reliably screen for breast cancer using proteins found in tears.

The students formed Tears for Life LLC, a medical diagnostic-equipment company that has an exclusive license from UAMS to use the technology. The potential screening product has won two recent awards, including first place and a $10,000 award at the University of Cincinnati Spirit of Enterprise M.B.A. Business Plan Competition.

The honor marks the first time the university has won first place in a national business plan competition. And, the group is attracting interest from venture capitalists.

via Talk Business

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