Injecting a dose of vision
Biotech start-up developing patch to deliver drugs
By KATHLEEN GALLAGHER
Posted: July 29, 2005
Tony Escarcega spent 20 hours trolling the patent archives of the University of Wisconsin-Madison's technology transfer arm before finding five ideas he thought could spawn a good company.
He talked to all five inventors and whittled the list down to one promising technology: a large-molecule-drug delivery patch.
Escarcega became partners with a graduate student working on the technology, and the two spent five months tweaking a business plan.
The result is Ratio - a start-up biotech company that won the $10,000 prize in UW-Madison's G. Steven Burrill Technology Business Plan Competition. The company also has been recommended by the board of the school's Weinert Applied Ventures in Entrepreneurship Fund to receive a $100,000 equity investment.