LEE KUAN YEW GLOBAL BUSINESS PLAN COMPETITION 2003/2004

The Singapore Management University (SMU) is pleased announce that the following teams have been awarded the top honours in the second Lee Kuan Yew Global Business Plan Competition:

Winner: DermaTech, Inc (Singapore)
Institution : National University of Singapore, Singapore

Brief Description :
DermaTech is focused on the research and development, manufacturing, marketing and distribution of its proprietary transdermal drug delivery platform technology - DermaSystem. DermaSystem enables the fast, easy, reliable and safe delivery of drugs to animals through skin for disease prevention and cure, using cutting-edge Transdermal Microprojection Array (TMPA) technology.

First runner-up: TMD Corporation (Singapore)
Institution : National University of Singapore, Singapore

Brief Description :
Our product is a Fiber-reinforced Plastic made from incorporating chicken feather fibers with traditional commodity plastics such as polyethylene and polypropylene. We seek to add value to worthless industrial waste and to convert them into useful materials for manufacturing various products.

Second runner-up: AIUMA MDT (United Kingdom)
Institution : Imperial College London, UK

Brief Description :
AIUMA MDT has developed a platform technology for multi-drug testing that is quick, simple and accurate. The device samples a pin-prick of blood, and returns diagnosis within seconds. Market entry is via a much needed GHB test. The platform has the potential to enable real-time blood analysis.

Our congratulations to all winners and finalists. SMU would like to thank all the universities and teams for their participation, and we look forward to your continued support for the third Lee Kuan Yew Global Business Plan Competition in 2005.