CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
More Galleries
Freebies for the jobless From free dry cleaning to a no-cost vacation, these 5 businesses have come up with creative ways to help out unemployed residents in their communities. More
Ghost among the machines Detroit's derelict Packard Plant is the country's largest abandoned industrial site. One last small company still calls the complex home. More
Jam session So you wanna be a rock-and-roll star? This gear will get you jamming in style. More

Special Offer
4 of 36
BACK NEXT
4th place: Wirelessly zapping pain
4th place: Wirelessly zapping pain
Charles Lusk, Jordan Curnes, Will Rosellini, Joseph Picken (faculty advisor) and Ali Abbassi
Team name: MicroTransponder

School name: University of Texas Dallas, The School of Management

Team members: Will Rosellini, Jordan Curnes, Ali Abbassi, Charles Lusk

Concept: The founders of MicroTransponder believe they have found a way to eliminate the suffering of patients with chronic pain. Their product - RF-MEMS, or Radio Frequency Micro-Electromechanical Systems - sends wireless signals from a PDA or laptop that directs hair-thin devices injected near patient nerves to shut off pain receptors.

Currently, patients suffering with neuropathies - nerve function problems caused by disease, injury, infection or toxic substance exposure - lack reliable treatment. MicroTransponder's founders argue that the leading neuropathy medication is relatively ineffective, has negative side effects and is expensive. Traditional, wired neurostimulation devices that are surgically implanted also a number of limitations, including the size of the electrodes used and the reliability of batteries implanted in the body. The MicroTransponder is 100 times smaller than current devices, operates wirelessly, and does not require an internal battery.

Timeline: The firm hopes to have a prototype ready by 2009. -Shara Rutberg

NEXT: 5th place: Solar energy gets cheap

Last updated May 02 2008: 11:51 AM ET
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.