The Health Challenge Pitch Event has named four companies to participate in its second pitching competition, which will be held Friday and award $100,000 to the winner.

Several Nova Scotian organizations this summer launched the program, which aims to provide grants totalling $500,000 to Atlantic Canadian health and life sciences companies, and arrange for them to work with the Nova Scotia Health Authority.  

Volta will host the second pitching event, which focuses on startups addressing mental health, and will be held Friday at noon. You can click here to register to view the competition.

“The submissions that were received are incredibly impressive and the fact that these are medtech companies from our Atlantic Provinces proves that we have the knowledge, expertise and resources to develop world-class healthcare solutions right here, for our patient population,” said Dr. Gail Tomblin Murphy, Vice-President of Research, Innovation and Discovery at Nova Scotia Health in a statement.

The four competing companies are:

Dispension Industries (Dartmouth)

Founded by President Corey Yantha and brothers Matthew and Brad Michaelis, Dispension’s MySafe kiosks allow authorities to distribute opioids to registered users in a controlled manner, with the aim of preventing overdoses.

Real Time Medical Inc. (Dartmouth)

RTM has developed its own proprietary radiology workflow management and quality-assurance software platform called AICloudSuite. The company was formed by radiologists Greg Butler, David Koff, and Nadine Koff.

Tranquility Online Inc. (Halifax)

Founded by CEO Joel Muise in 2017, Tranquility’s website and app offer an automated, digital version of cognitive behavioral therapy—a form of psychotherapy designed to cultivate self-awareness and short-circuit harmful patterns of thought.

imTEEN by WeUsThem Inc. (Halifax)

imTEEN allows youth to track and take care of their health on a daily basis by supporting self-monitoring of signs of common mental and physical illnesses. The product was developed by WeUsThem, a tech company headed by Ashwin Kutty and Fatem Alshazly.

In June, Halifax-based Adaptiiv Medical Technologies won the first Health Challenge pitch event, which was dedicated to products that could help cancer patients.