Faculty entrepreneurs behind ONY recognized by UB Faculty Entrepreneur Award

Edmund Egan and Bruce Holm — both faculty members at SUNY's University at Buffalo and both closely associated with the anchor tenant of our supporting member UB Technology Incubator — were honored with the university's first annual Faculty Entrepreneur Award.

Dr. Egan is the president and CEO of ONY, Inc., and Dr. Holm (who is the executive director of the UB NYS Center of Excellence in Bioinformatics and Life Sciences) is the co-inventor of the underlying technology, a lung surfactant to prevent respiratory distress in premature babies.

Based on research by UB, University of Rochester, and University of Western Ontario, ONY was founded in 1985 and received FDA approval in 1999. Since then the surfactant has been administered to more than 250,000 premature babies. ONY is the largest and anchor tenant of the UB Technology Incubator. Congratulations to Drs. Egan and Holm!