More Galleries
5 startups that are reimagining the world Bricks that grow from microorganisms, household garbage turned into art, three-wheeled bike-cars -- these startups are redefining urban living. More
Blue collar entrepreneurs These five entrepreneurs took their blue collar experience and used it to launch innovative businesses. More
7 lifehacks to eliminate your holiday hassle Whether curating the perfect gift or finding a pet-sitter, these startups offer time-saving services that might just seem like holiday magic. More

Special Offer
32 of 36
Better breast cancer screening
Better breast cancer screening
Phil Smith, H. Lee Mosbacker and Michael Hetzer
Team name: Traycer Diagnotic Systems

School: Ohio State University, Fisher College of Business

Team members: Bradley G. Beasecker, H. Lee Mosbacker, Michael Hetzer, Arthur J. Epstein, John D. Bair, Phil Smith, Matt Carbonara

Concept: According to the American Cancer Society, one in eight American women will be diagnosed with breast cancer at some point in their lives. More than 35 million mammograms were performed in the U.S. last year. Headed by scientists and venture capitalists, Traycer Diagnostic Systems (TDS) promises less invasive, less painful breast cancer screening and diagnosis based on imaging technologies that can identify cancer cells based on their chemical signatures.

Using patented technologies developed at Ohio State University, TDS hopes to create diagnostic imaging machines that can scan and detect breast tumors more accurately and cheaply than current analog and digital mammography systems. In theory this should reduce the need for costly and invasive biopsies.

Timeline: TDS hopes to have a product on the market in about three years, allowing reasonable time for R&D and FDA approval. - Jennifer Lawinski

NEXT: Counterfeiters beware

Last updated May 02 2008: 11:51 AM ET

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.