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Future of Health Care 2020

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THE FUTURE OF HEALTH CARE // PATIENT CARE<br />

Praveen Arany co-founded OptiMed Technology, a biotech company in the dental space.<br />

JOED VIERA<br />

Oral health oracle<br />

OPTIMED IS COMMERCIALIZING SEVERAL PROMISING BIOTECH PRODUCTS<br />

“One <strong>of</strong> the best<br />

ways to prevent<br />

disease is simply<br />

good hygiene.<br />

We think we<br />

can truly<br />

revolutionize<br />

oral care.”<br />

PRAVEEN ARANY<br />

BY DAN MINER<br />

dminer@bizjournals.com<br />

Praveen Arany has what you might call<br />

a sweet tooth for innovation.<br />

He earned a Ph.D. in biological sciences<br />

in dental medicine from Harvard<br />

University in 2011. He has been a University<br />

at Buffalo assistant pr<strong>of</strong>essor in<br />

the Department <strong>of</strong> Oral Biology, School<br />

<strong>of</strong> Dental Medicine, since 2015. He is also<br />

president <strong>of</strong> the World Association for<br />

Photobiomodulation Therapy.<br />

Amid all that, Arany found time to<br />

co-found a Buffalo biotech startup,<br />

OptiMed Technology, based on research<br />

from his UB lab.<br />

Arany, who is chief scientific and<br />

strategy <strong>of</strong>ficer for the startup, started<br />

the company with Daniel Chan and Robert<br />

Bachellor.<br />

OptiMed, which has been accepted<br />

to the Start-Up NY tax break program,<br />

is working on commercializing two<br />

technologies.<br />

One is a specialty toothpaste and the<br />

other is a 3-D printed denture material,<br />

both designed to treat irreversible gum<br />

overgrowth and fungal conditions.<br />

The OptiMed team is raising money<br />

for its first full-time hire, Saeed Rahman,<br />

who will help drive development and<br />

regulatory efforts and bring the products<br />

to the market.<br />

Once there, Arany said OptiMed can<br />

quickly become a multi-million dollar<br />

company and start capturing market<br />

share in a $15 billion industry.<br />

“One <strong>of</strong> the best ways to prevent<br />

disease is simply good hygiene,” Arany<br />

said. “We think we can truly revolutionize<br />

oral care.”<br />

12 THE FUTURE OF HEALTH CARE BUFFALO BUSINESS FIRST

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