San Antonio startup wins first BioFest Invest pitch competition

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San Antonio startup wins first BioFest Invest pitch competition
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NovoThelium, which is developing artificial nipple regeneration for women after a mastectomy, was awarded the $10,000 grand prize.

San Antonio-based bioscience startup NovoThelium takes home the $10,000 prize in the debut of the BioFest Invest pitch competition Wednesday.In a sign of continued growth for the nascent biotech sector in San Antonio, startups from across the state competed here in the debut of a pitch competition for bioscience startups.

The roughly seven-year-old company found support from many San Antonio organizations, such as Launch SA, Velocity TX, UT Health San Antonio and many others. In attendance were representatives from San Antonio’s largest research institutions, including Texas Biomed, the Southwest Research Institute, UT Health San Antonio, and the University of Texas at San Antonio.

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