BME-based Team Wins Gold Division in Burton Morgan Business Plan Competition

Sean Connell
Sean Connell presents Medtric's business plan.
Medtric Biotech LLC, led by BME graduate student Sean Connell, BME alum Jianming Li and Robert Einterz, won the $30,000 top prize in the Gold Division of the Burton Morgan Business Plan Competition.

Medtric is developing its treatment for infected wounds, using nanotechnology for topical antiseptic, acute and chronic wound use. The treatment also has shown promise in minimizing scar formation.

The Burton D. Morgan Foundation established the competition in 1987 with an endowment gift to Purdue, making it the nation's third longest-running business plan competition. The Burton D. Morgan Foundation also funded the $7 million, 31,000-square-foot Burton D. Morgan Center for Entrepreneurship, the first building to open in Discovery Park in 2004.

Glytrix (another BME-based team) won the $30,000 top prize in the Gold Division for graduate students in the 2010 competition, and TerraSolutions LLC won the Black Division for undergraduate students.