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Lumos Invests In Early Cancer Detection Start-ups

Lumos will provide technical, clinical, and business advisory to help the start-ups scale up while offering infrastructure credits to help cover the majority of their key operating expenses.

Lumos Health Accelerator announced the addition of “ErlySign”, and “Onward Assist” to its speed scaling program. The start-ups were selected after an in-depth assessment of their business skills and technological capabilities. Lumos will provide technical, clinical, and business advisory to help the start-ups scale up while offering infrastructure credits to help cover the majority of their key operating expenses.

Lumos is a speed scaling ecosystem that aids promising early-stage start-ups in the healthcare domain to grow through business and technical advisory services. They have a history of partnering with leading healthcare organizations, to provide valuable advice, mentoring, and business development guidance. The companies under Lumos include an impressive list, consisting of Raybaby, Kronikare, Alixir, and AyuRythm, that continues to grow at a superb pace, thanks to the speed scaling capabilities offered by Lumos. The company is engaged in continuous innovation and is associated with healthcare institutes for clinical collaborations on new approaches to challenges faced in cancer prognostics, and important biomarkers.

ErlySign develops early-stage and non-invasive test kits for detecting oral cancer. Currently, patients are detected through a visual exam or symptoms they exhibit, at which point they are usually at a late stage of cancer.

Source: Business World

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