Navigation Links
Tepper School Start-Up to Ring Nasdaq Stock Market Opening Bell

Winner of Global Moot Corp(R) Contest Developed Innovative Technology To

Extract and Preserve Adult Stem Cells

PITTSBURGH, Aug. 13 /PRNewswire/ -- A team of students from the Tepper School of Business at Carnegie Mellon University will ring The NASDAQ Stock Market Opening Bell at 9:30 a.m. ET on Friday, Aug. 15 in New York City. The event is one of the coveted prizes from the team's win at this year's Global Moot Corp(R) competition, the annual business school contest known as the "Super Bowl of Business Plan Competitions."

(Logo: )

The students' winning venture -- a medical technology company called NeuroBank -- beat out 37 other teams from leading business schools around the globe for this year's top honor. NeuroBank has developed a breakthrough proprietary technology to harvest, isolate, expand and store neurologic stem cells from cerebrospinal fluid, a clear bodily fluid around and inside the brain. The technology allows minimally invasive extraction, isolation, expansion and cryopreservation of these stem cells, which could be used to develop treatments for Alzheimer's disease, stroke or traumatic brain injury, among others. In addition, the technology will allow patients to store healthy neural stem cells to receive cutting-edge treatments for diseases they might develop later in life.

The NeuroBank team is comprised of MBA candidate Dr. Raymond Sekula and Sasha Bakhru, a Ph.D. candidate at Carnegie Mellon's College of Engineering. The team's advisors are Arthur A. Boni, the John R. Thorne Chair of Entrepreneurship; S. Thomas Emerson, the David T. and Lindsay J. Morgenthaler Professor of Entrepreneurship; and Thomas J. Hajduk, associate teaching professor of business management communication and entrepreneurship. As Moot Corp(R) winners, they received a prize package valued at $100,000, including $25,000 in cash, one year of strategic business consulting and mentoring, prosecution of the first American patent by Ropes & Gray and consulting from the University of Texas McCombs School of Business entrepreneurship faculty.

"NeuroBank is a perfect example of how today's technology and medical industries can intersect with business for the betterment of society," Boni said. "The success of this venture is the latest in a rich legacy of entrepreneurial excellence at the Tepper School, and we are extremely proud of their accomplishment."

This year's Moot Corp(R) win marks the fifth time that top honors have been awarded to a team from the Tepper School of Business, making it one of the most frequent honorees in the 25-year history of the contest. In the last five years alone, the Tepper School has achieved three first-place finishes and one second-place finish. Long considered a leader in entrepreneurial education, the Tepper School was one of the first business schools to offer formal entrepreneurship courses and is home to the Donald H. Jones Center for Entrepreneurship, which brings together several of Carnegie Mellon's other renowned schools, including the School of Computer Science, the Carnegie Institute of Technology (engineering) and the Mellon College of Science, to offer exceptional interdisciplinary entrepreneurial education programs and resources to students.

The opening bell is available from 9:20 to 9:35 a.m. on Galaxy 28 C/9, downlink frequency 3880 horizontal, or Waterfront fiber 1623. An audio transmission of the opening bell is also available on uplink IA6 C band/transponder 24, downlink frequency 4180 horizontal. A live Webcast and high-resolution photographs of the market opening will also be available at

About the Tepper School of Business: Founded in 1949, the Tepper School of Business at Carnegie Mellon ( is a pioneer in the field of management science and analytical decision making. The school's notable contributions to the intellectual community include six Nobel laureates, a Nobel Prize record that is unsurpassed by any business school worldwide. It is also among the schools with the highest rate of academic citations in the fields of finance, operations research, organizational behavior and production/operations. The academic offerings of the Tepper School include undergraduate studies in business and economics, graduate studies in business administration and financial engineering, and doctoral studies.

SOURCE Tepper School of Business at Carnegie Mellon
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Carnegie Mellons Tepper School of Business to Host 2008 Cornerstones Symposium on Building City of the Future, March 25
2. Teams From Carnegie Mellon, Yale, Manitoba Win Tepper Schools 2008 McGinnis Venture Competition
3. Time to Set Kids Back-to-School Sleep Clocks
4. Add Earlier Bedtime to Back-to-School List
5. Does Pathological Shyness Make for School Shooters?
6. Mailman School of Public Health study examines link between racial discrimination and substance use
7. Survey reveals disparities in skin cancer knowledge, protection among high school students
8. Non-medicinal treatment touted for pre-schoolers with ADHD
9. Nonmedicinal treatment touted for preschoolers with ADHD
10. Obese Children Miss More School Days
11. Back to School Means Backpack Safety
Post Your Comments:
(Date:11/24/2015)... ... November 24, 2015 , ... All her life, Don Peck’s mother wondered if she was ... she might have been. After a 25-year search for information, Don and his aunt ... shared a last name. Turns out, it was Don’s father who was descended from ...
(Date:11/24/2015)... Pass, OR (PRWEB) , ... November 24, 2015 , ... ... Lose too much body water to perspiration in the hot sun, and heat stroke ... to Fresh water advocate and radio host Sharon Kleyne. Every cell, system and structure ...
(Date:11/24/2015)... ... 2015 , ... The OSHA Training Center at Chabot-Las ... in Northern California, is calling on retail employers to implement safety measures to ... volume of sales and shoppers rapidly expands, retailers are strongly encouraged to develop ...
(Date:11/24/2015)... Miami, Fl (PRWEB) , ... November 24, 2015 , ... ... Farms. Adding houseplants is an easy and affordable way to bring long-lasting style and ... “green heroes” also provide oxygen, clean the air and keep on giving all year ...
(Date:11/24/2015)... (PRWEB) , ... November 24, 2015 , ... Take the audience on a journey with ... 3D camera path through a cloud of images without ever setting a single keyframe in ... the Inspector Window. Then use the controls to change the angle and depth of field ...
Breaking Medicine News(10 mins):
(Date:11/24/2015)... Nov. 24, 2015  Ascendant Solutions, Inc. (Pink Sheets: ... Board of Directors has declared a special 1 percent stock ... is payable December 14, 2015, to shareholders of record December ... of additional shares of common stock. ... is a strong endorsement of our confidence in Ascendant,s growth ...
(Date:11/24/2015)... st  Scientific Assembly and Annual Meeting of ... taking place in Chicago on Nov-29 th ... --> st  Scientific Assembly and Annual Meeting of the Radiological ... in Chicago on Nov-29 th through ... Molecular Dynamics will present its revolutionary whole body CZT digital SPECT/CT ...
(Date:11/24/2015)... November 24, 2015 --> ... Inhibitors, MTTP Inhibitors, ApoB Inhibitors and PPAR Agonists ... to grow at the fastest rates? This visiongain ... data, trends, opportunities and prospects there. ,  ,Our 199-page ... most lucrative areas in the industry and the future ...
Breaking Medicine Technology: