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Of course, anyone interested in entrepreneurship, marketing, technology, and Happy Fridays can read and comment therein also!
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SoyTabs is a winner
Posted on March 22nd, 2010 38 comments
The team I served as marketing faculty adviser won the 2010 Soy contest and are $20,000 richer as a result. Their web page (Wix of course) is here: Basically they developed a soy-based filler for pills, the stuff that carries the good chemicals for delivery in your body. More specifically, “the Soy Tabs team, which took first place, included Ryan Fox, a nuclear engineering major from Rising Sun, Ind.; Krista Eakins, a biological engineering and pharmaceutical sciences major from Connersville, Ind.; Danielle Carpenter, a biological engineering and pharmaceutical sciences major from Plainfield, Ind.; and Brittany Phillips from Monroe, Wis., who graduated with degrees in biological engineering and pharmaceutical sciences. Using soy, they created a substance known as an excipient that binds powdered drugs into pills. The soy allowed for a dry, roller compaction method of production, which eliminated a drying step.” Quote from here:
Here’s several internet articles about the competition provided by Danielle:
* Purdue Newsroom article (about the winners)
http://www.purdue.edu/newsroom/students/2010/100309NordlandCompetition.html (can also get to from www.purdue.edu – we’re on the main webpage!)
* Purdue Exponent from today (about the winners)
http://www.purdueexponent.com/?module=article&story_id=20431
* Purdue Exponent from Tuesday, March 9th (about all the teams)
http://www.purdueexponent.com/?module=article&story_id=20404
* Journal and Courier from Tuesday, March 9th (about all the teams)
http://www.jconline.com/apps/pbcs.dll/article?AID=20103090326
What have readers of this blog accomplished lately? Hank
38 responses to “SoyTabs is a winner”
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Loïc mazet March 22nd, 2010 at 08:48
Congratulation !!!!! I have only one question: can they do whatever they want with this money ? or it has to be invest in their project?
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Anthony Sikorski March 22nd, 2010 at 09:04
Soy Tabs seems like a very interesting and helpful idea for making certain types of drugs. Hopefully the team can get their idea spreading around the industry and it becomes huge. Congratulations on your team winning!
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George Petrov March 22nd, 2010 at 09:24
Congrats. This is a very unique idea. I wonder what some of the other applicants ideas where but this seems like a good idea and can help in many ways.
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Dan Wyss March 22nd, 2010 at 09:46
Yea congratulations. This sounds like a great idea for different types of drugs. Will this be used in the near future?
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Colby Beacham March 22nd, 2010 at 09:52
Congrats, I hope they can see this through and make it a viable business in the near future.
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Michael Evans March 22nd, 2010 at 09:55
What a great concept! I’m sure pharmaceutical companies will be thrilled that these students have found a way to save money, considering how expensive it is to create and mass produce drugs.
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Brian Corley March 22nd, 2010 at 10:53
This idea is perfect. I would have never thought of making the powder into a pill or using soy to do it. I hope they go far with this idea and congrats on winning.
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Michael Tym March 22nd, 2010 at 12:02
congrats! this is a really cool think, hope it succeeds
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Thomas Gick March 22nd, 2010 at 12:25
Wow that’s genuis. I can’t wait to eat soy vitamins
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Colleen Cahill March 22nd, 2010 at 12:30
Very cool. Health products are a great market to enter, as Americans are becoming more and more concerned with nutrition.
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Amanda Edmondson March 22nd, 2010 at 12:53
This is such a good idea. I hope that this comes to market soon because it is perfect timing for it, especially in the United States. We are on a “green” and “healthy” trend that is sure to be around for awhile. Not only are people concerned with the environment, but also with what is going into their bodies. I see this being a big hit!
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Spencer Abrams March 22nd, 2010 at 13:37
These soy competitions always turn out some cool new products. I’ve always heard of biodegradeable toilet paper to use while camping in the woods and things of that nature, but this product seems to be feasible for replacing goods used all the time currently on the market.
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Brett Cohen March 22nd, 2010 at 13:45
Congratulations on a great new product. This was a great idea that turned out to pay out.
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Alexandra Graves March 22nd, 2010 at 15:33
I think this is a great idea! More and more people are becoming aware of their health and trying to implement nutrition and healthier lifestyles. I definitely think this will help to advance the our health care industry.
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Jaideep Singh March 22nd, 2010 at 16:16
Awesome stuff. Lets see what they do with the money. I accomplished absolutely nothing over the spring break; except seeing Massachusetts.
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Zach Morgan March 22nd, 2010 at 17:38
What an awesome idea! I especially like this idea due to the fact that I live on a farm with a little over a thousand acres of soybeans. I hope this opportunity advances. Best of luck to the team!
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Ben Albers March 22nd, 2010 at 18:14
They picked a great market to go into. Medicine has come a long way. People like these guys are still finding ways of making their products or pills better, safer, and healthier. Congratulations!
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Justin Riley March 22nd, 2010 at 19:40
Congrats! I agree with Ben, they did pick a great field to go into. The medicine field is always growing and trying new things which makes this idea they have a great one! Great job guys and I hope you have success with your product!
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Tony Coiro March 22nd, 2010 at 20:19
Very cool idea, it seems like the possibilities for soy are limitless. Also, I’m sure the money will help them with research and development.
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Molly Longest March 22nd, 2010 at 20:32
This is so inspiring to all young entrepreneurs and innovators out there. I wonder how no one has thought of this before. I’m interested to see if pharmaceutical companies will start using this technique.
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Martin Murray March 22nd, 2010 at 20:39
Great innovative idea in an expanding field. People are increasingly looking for ways to stay healthy and this is definitely a great new product for these people. Congrats.
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[...] the rest here: SoyTabs is a winner @ thinkbeta.com By admin | category: PURDUE University | tags: entrepreneurship-mind, happy, [...]
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Keegan Klauke March 22nd, 2010 at 22:16
I am impressed over the years of watching soy products expand. every year I see the ideas thought of by soy products always astound me. its like the worlds duct-tape, it can be used for anything.
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John Gorbandt March 22nd, 2010 at 22:23
Congrats. The pharmaceutical business is huge. There is a lot of money to be made with this product.
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Josh Graves March 22nd, 2010 at 22:59
congrats on the win. it takes a lot of dedication to win 20k in a contest like that. i wonder if they have to pass it by the FDA or something. i wonder if it tastes terrible when it goes down!
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[...] More: SoyTabs is a winner @ thinkbeta.com [...]
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Jacob Higbee March 23rd, 2010 at 08:41
Soy products are being integrated into different markets. For entrepreneurs this triggers an entire new industry using soy. Congrats to the team.
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Blake Bronowicki March 23rd, 2010 at 09:09
This really seems to be a great idea and I am anxious to find out how it does in the market. The medical field is a constantly growing field with a lot of money incorporated in it. Using Soy Tabs will be an effective form of using pills if everything works out well and it is marketed correctly. My mother is in the pharmaceutical field and it has taken a hit from the recession, but it is getting back to where it needs to be and I feel this great innovative idea will make it far.
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Contgrats to Soy Tabs! This is a great way to get your company name out there and also your name out in the professional world. This will lead to them getting recognition and maybe job offers in larger successfull companies!
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Beck Warwick March 23rd, 2010 at 10:12
this is a great idea and will be sure to help out the local soy bean economy if it catches on. congratulations
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Soroosh Karamyar March 23rd, 2010 at 13:37
congrates!!! it will be exciting to hear what they are going to do next now that they have some pocket change to spend.
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Aditya Chaudhari March 23rd, 2010 at 15:45
Very nice! Reminds me of the farm boys idea at the Burton D. Morgan competition. Congrats!
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Kyle Egbert March 23rd, 2010 at 16:15
This is a great story and very inspirational to any entrepreneur. Congrats and good luck!
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David Hyman March 23rd, 2010 at 19:40
This is so awesome! Congrats!
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Courtney M. Cronk March 23rd, 2010 at 20:11
20,000 dollars richer…that must be nice. Stories like these make me wish that I was in a different major like bioengineering or pharmacy. How long did it take them to come up with this idea, and where did it stem from? How did they decide who they wanted in their group? congrats to the winning team
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Byron Young March 23rd, 2010 at 23:14
Congratulations! This product is innovative! I think it’s cool how CS majors design new websites, Bioengineering design products such as these! For myself, being a management major my role in a company would be after a product is developed, the financial and marketing team.
I love seeing these ideas, and thinking of creative ways to market them!
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Awesome. I’m glad to hear your still helping out the different teams.
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Mahmood Alrawi March 24th, 2010 at 23:02
neat idea…to think that they almost gave up on this though, and to come back and win that much money, must feel really good!
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