Boston—As a founding member of the Business School Alliance for Health Management (BAHM), an organization created to transform the health sector by advancing education, research and practice in the nation’s top schools of management, Harvard Business School hosted this year’s BAHM student competition, Entrepreneurship in Global Health Competition. The Competition, which featured ten teams from business schools across the country, focused on global health organizations or ideas to address an unmet health need, an underserved community, or the development of a novel technology.
The winners of the 2013 Competition are:
- First place: Haas School of Business, University of California, Berkeley
Katrin Cox, Priya Mehta, and Annie Murphy
- Second Place: Carlson School of Management, University of Minnesota
Jennifer Cutshall, Hilary Johnson, and Marissa Szody
- Third Place (tie): The Wharton School, University of Pennsylvania and Owen Graduate School of Management, Vanderbilt University
Wharton: Casey Dougan and Tommy Fu
Owen: Hillary Carroll, Jennifer Pasteris, and Cole Wheeler
The winning paper and presentation from the Haas team addressed the global health issue of infectious diarrhea and how diarrhea-related complications kill nearly one to two million children a year. The solution the team researched was an innovative drug developed by a small biotech company and approved by the FDA that uses a naturally occurring element.
The Carlson team focused on a cardiovascular device that can “acoustically detect turbulence in a narrowing artery,” alerting a physician to a possible blockage. The handheld device, developed by a biomedical engineer who lost her husband to a heart attack, can be easily used across the globe and could replace current diagnostic tools.
The Wharton team examined a way to supply developing countries with vaccines in a manner that prevents spoilage using refrigeration units powered by cell phone towers. The Owen team studied an organization providing nutritional solutions to aid malnourished children in developing nations.
Prizes for the first, second and third places winners were $10,000, $5,000, and $2,500, respectively.