Clara Biotech Wins BioTools Innovator Best Video Award, 2021

LAWRENCE, KS., October 15, 2021 -- Clara Biotech, Inc. is pleased to announce that their Company has been awarded the prestigious BioTools Innovator 2021 Best Video Award for their 1-minute video. The BioTools Innovator Awards is an esteemed award program recognizing cutting-edge achievements in BioTools technology.

BioTools Innovator, a new program focused on accelerating life science tools and diagnostics, announced Clara Biotech as the Best Video award winner of the first BioTools Innovator program final competition. The winning company was determined by a live audience vote on October 14 at the BioTools Innovator Capstone Event in Carlsbad, Calif.

Clara Biotech also took home a $10,000 Finalist Award. BioTools Innovator received over 160 applications in this year's cycle. 23 companies were invited to pitch during the BioTools Innovator Road Tour, with 10 companies ultimately receiving a slot in the 2021 Cohort. Clara Biotech was recognized as a finalist selected from this year's BioTools Innovator Accelerator program.

Clara's ExoRelease™ technology allows exosome scientists to isolate and purify exosomes using immunomagnetic beads with specific antibodies. The unique design is coupled with a light release technology and tool which allows the release of the exosomes in a pure and functional form, without contaminants like stray nucleic acids, protein fragments, and cell debris.

"On behalf of our team and investors, I am so proud for Clara Biotech to be recognized for the groundbreaking work we're doing in translating exosomes from the bench to the bedside. The creation of this video will assist Clara in getting the word out about how exosomes have the potential to diagnose and treat many diseases, including cancer and Alzheimer's disease. I can't thank the team at MedTech Innovator enough; Paul, Kathryn, and Ayelet, and their community of mentors have been true champions and supporters of all the amazing companies recognized in this cohort. We're all winners and working to improve the world by improving health for all of us."

Jim West, CEO

"I'm very excited about the work that Clara Biotech is doing to improve exosome purification," said Kathryn Zavala, managing director of BioTools Innovator. "Their technology has the potential to significantly impact how we diagnose and treat diseases by advancing the field of exosome research and development. It's been an inspiration to work with the incredibly talented team at Clara Biotech. Their one-minute video is a great introduction to their company, and I'm pleased to see them take home the Best Video Award. I look forward to continuing to support them in their journey as one of our first BIoTools Innovator Accelerator alumni.

Kathryn Zavala, Managing Director of BioTools Innovator

To learn more about Clara Biotech and its revolutionary ExoRelease platform, visit https://www.clarabio.tech or email info@clarabio.tech.

About Clara Biotech

Clara Biotech enables tomorrow's medical breakthroughs today through exosomes. The company solves the major roadblock preventing exosome solutions from reaching patients — purification of exosomes from biofluids. Clara Biotech's solution enables breakthroughs in diagnostics and therapeutic pathways for a wide variety of conditions, including cancer, Alzheimer's Disease, multiple sclerosis, ischemic stroke, and more. For more information, visit clarabio.tech.

About BioTools Innovator

BioTools Innovator is a new program powered by MedTech Innovator to support entrepreneurs developing life science tools and diagnostics. Based in Los Angeles, Calif., MedTech Innovator is the largest accelerator of medical device companies in the world and the premier nonprofit startup accelerator in the medical technology industry. Its mission is to improve patients' lives by accelerating the growth of companies that are transforming the healthcare system. MedTech Innovator matches industry leaders with innovative early-stage and emerging-growth companies for mentorship and support.

For more information about BioTools Innovator, visit https://medtechinnovator.org/biotools/ and follow @BioTools Innovator on LinkedIn and Twitter @BTInnovator.

For more information about MedTech Innovator, visit https://medtechinnovator.org/ and follow @MedTechAwards on Twitter and LinkedIn. To receive industry insights and highlights about MedTech Innovator's current and alumni participant companies, subscribe to its monthly newsletter.