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This year’s Spinoff Prize has highlighted the innovative work of scientists who are not only expanding human knowledge but also applying research advances to commercial purposes. Nature introduces the finalists and longlisted companies that have made significant strides in the scientific and entrepreneurial fields.

The finalists for this year’s award include SalivaDirect, Tezcat, Trince, and Digistain, each working on groundbreaking technologies such as disease detection, cancer medication delivery, cellular damage reduction, and cancer progression assessment. The longlisted companies also showcase unique technologies like methanol production from captured carbon dioxide, environmentally friendly pesticides, lead-detection technology, cancer drug testing on organoids, and bacterial identification for urinary tract infections.

Trince, a Ghent University spin-off, was awarded this year’s €30,000 prize for its exceptional team, mentorship openness, and strategic approach. The judges recognized Trince for meeting all the important criteria for a successful scientific venture, setting a high standard for innovation and impact.

The Spinoff Prize not only celebrates scientific innovation but also highlights the importance of academic-entrepreneurship collaborations in driving progress and bringing marketable ideas to life. Through the support of Merck, Nature has been able to showcase the incredible work of these companies and shed light on the future of scientific entrepreneurship.

In addition to the prize winners, the article also features related content on topics such as infrared spectrometry in cancer treatment, alternative testing methods for diseases, innovative approaches to drug delivery, and the role of digital and data in driving innovation. These insights provide a comprehensive overview of the current landscape of scientific advancements and the potential for future growth in the field.

The Spinoff Prize 2024 serves as a reminder of the power of collaboration, innovation, and entrepreneurship in driving scientific progress and creating tangible solutions to real-world problems. As we look ahead, it is clear that the intersection of science and business will continue to shape the future of technology, healthcare, and society as a whole.