Afraid of needles? This Kansas startup just raised $1M to inject its no-show solution into testing

July 26, 2023  |  Channa Steinmetz

Nick Love, Love Lifesciences

A fresh funding injection for an Overland Park-based medical device company is expected to help the startup’s products clear federal regulatory hurdles, as well as advance and expand its research and development efforts.

Love Lifesciences is on a mission to revolutionize the patient injection experience to make medications both easier and safer to use, said co-founder Nick Love. The company recently closed a $1 million pre-seed round, led by Kansas-based angel investors and the GROWKS investment group.

“We have redesigned the injection experience, providing patients complete injection control while limiting opportunity for error,” explained Love, noting Love Lifesciences is developing a series of devices aimed at reducing unnecessary pain — and the anxiety and fear it often evokes.

Click here to check out Love Lifesciences. 

Bradley Hopper, Love Lifesciences

The medical device company — co-founded by Love and Bradley Hopper in 2021 — has two public products with a third currently in research and development, Love said. Love Lifesciences’ lead product is the UniPen, a single-use injection device. The UniPen grants patients the control over the speed of their injection process and aims to reduce anxiety with a never-seen needle and no loud clicks or jolts. Once used, the needle is locked in the UniPen and the product can be disposed of. 

The MultiPen (currently in R&D) is a multiuse injection device that allows for time-gated access to injectables, which can prevent overdosing or underdosing on the injectable therapeutics. 

“Our third product, that’s in deep R&D, is a bit on the health data [and] insurance side,” Love said, teasing out the upcoming product. 

Love Lifesciences’ products aim to not only help patients, but also aim to provide benefits for pharmaceutical partners, Love continued. UniPen’s design accommodates ISO Standard prefilled syringes and targets a reduction in the risk of prolonging therapeutic regulatory submissions as an Off-the-Shelf product.

“Pharma genuinely cares about the patient; they care about adherence,” Love said. “But the rate of return on improving adherence is pretty difficult, especially with the injection devices. So pharma’s big kicker with the injection device space is the cost and the timeline to get product to market. … [UniPen] is a better, cheaper upfront alternative, but it also can derisk the regulatory process.”

UniPen by Love Lifesciences

$1M pre-seed round 

As part of its GROWKS and angel investment, Love Lifesciences collected an initial investment of $600,000 and will receive the remaining $400,000 after achieving agreed commitments.

“We are utilizing the funds for our verification and validation testing of our UniPen device for FDA regulation purposes,” Love said. “we’re working with the University of Kansas, to do all the bench testing on the device to prove that it works the way we say it does. We will be testing just over 3,000 different devices in a slew of different tests.

Love and Hopper are ensuring that they have a solid go-to-market strategy, as their next steps will be meeting with potential pharmaceutical partners to discuss how UniPen is different from other products and how it can be integrated with their therapeutics and clinical trials. 

“We’ll be forming this what we’re calling the data package — it’s this file of all the information about our UniPen injection device that would be required for regulatory submission,” Love noted. “A large portion of funding is going toward building out that data package.”

Additionally, funds will be used for the expansion of R&D on the MultiPen injection device with extension of the intellectual property portfolio of the device. They will also continue development on Love Lifesciences third product. 

Prior to the $1 million pre-seed round, Love Lifesciences received a $25,000 grant from Digital Sandbox KC and another $20,000 from the Kansas Department of Commerce. Including other funds from its friends and family round, Love Lifesciences has raised $1.2 million in funding since its inception in 2021.

Inspired to make a difference 

Love initially became interested in the medical field after his mother was diagnosed with a rare type of breast cancer when Love was still a child, he shared. 

“There were no real cures for the disease at the time,” Love recalled. “She was enrolled in a clinical studies trial at [University of Kansas] after two separate physicians said there was really nothing that they could do. The clinical trial ultimately saved her life.”

While studying to become a Doctor of Medicine (MD), Love was working in a medicinal chemistry lab developing cancer therapeutics. 

“I realized that there was much more going into saving somebody like my mom than just the doctor,” Love said. “I presented some work at KU’s Cancer Center and met the physician that treated my mom. It was really one of those moments that led me down the path of thinking that there’s something going on with medical entrepreneurship.”

Love pursued a Master’s in Business at KU while also completing his MD. 

The North Star for Love Lifesciences is a forever moving goalpost, Love said, noting that he plans to continue building on their accomplishments. 

“The goal of every participant in this company is: let’s go out there and make these products successful while helping save lives and improve people’s lives,” Love said. “Do this right the first time. Once we have that all done, we can go back and do this again over the course of our entire careers.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , , ,
Featured Business
    Featured Founder

      2023 Startups to Watch

        stats here

        Related Posts on Startland News

        Chris Goode, Ruby Jean's Kitchen & Juicery

        Community rallies behind Chris Goode after ‘violating’ overnight Ruby Jean’s break-in

        By Tommy Felts | April 2, 2019

        Chris Goode isn’t angry, the Ruby Jean’s founder said after an overnight break-in left shattered glass and an empty cash register at his juicery and kitchen on Troost. “When trials come, maintain the faith and just keeping pressing forward,” Goode said. “People responded to that message pretty quickly. We know that the business is supported…

        Josh Green, Brooklyn Buttery, Sprint Accelerator

        Butter to eSports: Sprint Accelerator draws new class of startups from coasts to Canada

        By Tommy Felts | April 1, 2019

        Josh Green is used to navigating the streets of Brooklyn, hand delivering artisanal butters, chilled in the back of a pickup, he recalled. As founder of Brooklyn Buttery — which crafted a line of flavor-packed, sustainably sourced compound butters designed to bring a high end restaurant experience to home cooks — the entrepreneur’s growth has now…

        PayIt, Kansas City

        Experts: Coastal VCs getting FOMO on Kansas City; PayIt’s $100M+ investment proves it

        By Tommy Felts | March 29, 2019

        Landing more than $100 million in funding is no small feat for PayIt — or any startup, John Thomson said with a mix of humble confidence. “Wins beget wins, and it helps to build the ecosystem,” said Thomson, CEO and co-founder of PayIt. Click here to read more about PayIt’s investment from Insight Partners. For Thomson,…

        ChowNow kansas city

        LA-based ChowNow hungry for its new Crossroads regional office, KC tech talent

        By Tommy Felts | March 29, 2019

        Order up! Los Angeles based ChowNow is ready to serve the Kansas City startup space, Candice Taylor said as the company prepares to open its first regional office in the Crossroads Arts District. “It’s really important for us to be somewhere that has an amazing [food] scene and there’s certainly no shortage of incredible local…