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Where are they now?

UE LifeSciences, Inc.

A medical device company

After a first appearance in April 2011 UELS is now back at PCCI for a follow-up

Presenter: Mihir Shah, Founder and CEO of UELS


Monday, March 17, 2014

Embassy Suites, Chesterbrook, Pennsylvania (directions)




Breast cancer is the most common cancer among women worldwide (1.7 million new cases in 2012), with the majority of cases (52.6%) and deaths (62%) now occurring in low- and middle-income countries (LMICs). Here, the vast majority of the cases present at late stages with poor prognosis, at least in part, due to the lack of early detection. In developed countries, benefits of mammography led screening have recently come under intense scrutiny, further disorienting the process of establishing guidelines for early detection in regions with increasing incidence rates and dramatically poor survival. 


Founded in 2009, UE LifeSciences (UELS) is developing a range of innovative medical device technologies for use in developing countries as primary breast cancer screening tools and in developed countries as adjunctive screening tools. UELS' first product, NoTouch BreastScan™ ( received FDA clearance for breast cancer detection in 2012 and is now being marketed in several countries overseas. UELS's second product, iBreastExam™ ( is being commercialized with funding from the PA Department of Health and expected to launch in early 2015. Learn more about UE LifeSciences at



Some notable achievements since UELS' last PCCI appearance:

  • Only private company to receive PA Dept. of Health non-formula Grant 2012
  • ‘Best Early Stage Company 2012’ by Philadelphia Business Journal and PA BIO
  • NTBS featured in The Doctors Show, CBS Sep 2012
  • Susan G. Komen Global Women’s Cancer Summit Panelist, Feb 2013
  • 37,000+ Facebook LIKES (in 8 months)
  • 'Best Medical Device' Award for iBreastExam by PBJ & United Healthcare, Oct 2013
  • Raised $50,000 via crowd-funding effort, Oct 2013


3 Major Issues


  1. Thoughts regarding crowdfunding with the "Real" stakeholders such as distributors, customers, KOLs, etc.
  2. How to go from pilot sales to sales explosion.
  3. How to prepare for an exit.




6:30 - Cocktails & Dinner (Cash bar and special 2-entree buffet menu)

8:00 - Mihir Shah, Founder and CEO of UELS, will deliver the Company's "Where Are We Now"
Pitch to the Group

8:20 - A number of major issues crucial to helping the company reach the next level will be posed
to the audience.

9:00 - Open discussion: members and guests



Available Media

Please note: All information obtained here is the property of those presenting and should not be copied or duplicated without written consent.



None available at this time


None available at this time


None available at this time


UE LifeSciences Webcast - 03/17/14

Contact Info:




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Contact: Peter van der Kam, | (610) 296-8086




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Pharmaceutical Consulting Consortium International, Inc., or (610) 296-8086

Meetings Held at Embassy Suites - Valley Forge

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