The MIT Technology Review has named Ann Arbor-based RetroSense Therapeutics LLC, a spinoff from Wayne State University in 2009, to its annual list of the 50 smartest companies in the world. It was the only company based in Michigan to make the list.
The editors rank companies based on how their innovative technologies combine with a strong business model. They rated RetroSense, whose drug to treat patients with retinitis pigmentosa began human trials in March, at 37, ranking ahead of such well known tech companies as IBM (45), Snapchat (46) and Intel (49).
Sean Ainsworth, CEO of RetroSense Theraputics, LLC, was coached by an NEF team in 2010 and as noted in the Crain’s article RetroSense has successfully raised $13,000,000 in two rounds. Sean was a member of NEF for many years and also a valued member of many coaching teams.
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Congratulations to Sean Ainsworth and RetroSense Theraputics!