Phase 1 of the LymeX Diagnostics Prize was open to all entrants who met the eligibility criteria. Phase 2 was open exclusively to Phase 1 winners. Phase 3 invited six Phase 2 teams to participate.
Timeline
Phase 1
Competition launch
May 17, 2022
Submissions opened and Phase 1 began.
Technical considerations webinar
July 13, 2022
Phase 1 submission deadline
August 8, 2022
Eligible entrants submitted concept papers by 4:59 p.m. EST.
Phase 1 winner announcement
November 4, 2022
10 Phase 1 winners received $100,000 each from the $1 million prize pool.
Phase 2
Phase 2 accelerator kickoff
January 9, 2023
Phase 2 began.
Phase 2 interim submission deadline
June 30, 2023
Phase 2 teams provided interim progress updates on development activities and outcomes.
Phase 2 interim prize announcement
October 4, 2023
Nine teams received $75,000 each from the $2 million Phase 2 prize pool.
Phase 2 final submission deadline
October 9, 2023
Phase 2 teams submitted enhanced development plans and detailed roadmaps.
Phase 2 winner announcement
February 6, 2024
Five Phase 2 winners received $265,000 each from the $2 million Phase 2 prize pool.
Phase 3
Phase 3 technical assistance
April - August 2024
Phase 3 teams will receive technical assistance.
Phase 3 Demo Day
Fall 2024
Phase 3 teams will present and publicize their diagnostic test at a Demo Day event.
Phase 3 submission deadline
October 31, 2024
Phase 3 teams will submit concept papers with details on developments for their clinical performance studies.
Phase 3 judging
November 2024
The panel of Phase 3 judges will review submissions.
Phase 3 winner announcement
December 2024
Up to six teams will receive a share of the total Phase 3 prize pool of $2.1 million.
Phase 4
Phase 4 launch
January 2025
Phase 4 will begin.
Phase 4 technical assistance
January 2025 - September 2026
Phase 4 teams will receive technical assistance.
Phase 4 submission deadline
October 2026
Phase 4 teams will submit summary papers on their study outcomes and commercialization plans.
Phase 4 judging
November 2026
A panel of Phase 4 judges will review submissions.
Phase 4 winner announcement
December 2026
Up to seven prizes will be awarded from a total Phase 4 prize pool of up to $3 million.
Note: Future phases and any prize amounts are subject to future availability and approval of funds by the Steven & Alexandra Cohen Foundation.