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Company Spotlight: Lab2Market Accelerator

Dec 11, 2025

TURNING IDEAS INTO COMPANIES

Inside a lab, innovation can feel both exciting and uncertain. But for KU researchers, discovery may only be the beginning. Turning ideas into companies that create jobs, technologies, and growth in Kansas takes more than data—it takes courage, guidance, and a community that believes in what’s possible.

That’s exactly what KU Innovation Park’s Lab2Market accelerator offers. The program provides university researchers with the structure, space, and support to take discoveries beyond the lab by pairing hands-on business guidance with access to tools, experts, and a community built for innovation. Each team learns to see their science through an entrepreneur’s perspective, gaining the confidence and clarity to make impact a part of their research story.

Several research teams from the University of Kansas recently took that step, working to transform academic breakthroughs into startup ventures. Here’s a look at four participants, their research, what they learned, and what comes next.

HuRCures Therapeutics: Rewriting Cancer’s Playbook

Dr. Liang Xu, professor of molecular biology at KU, is focused on finding hope for people with breast cancer. Some patients, especially those with a more advanced stage of the disease, can become resistant to treatments. Xu and his team discovered a new class of small-molecule inhibitors that block the oncoprotein HuR, a driver of chemoresistance and immune resistance in cancer. He takes cancer drug discovery personally, attending breast cancer fundraisers and talking with survivors. “Each of them has a unique life story,” Xu said. “As a scientist, we need to find hope.”

That hope led him to establish HuRCures Therapeutics. Xu admitted the business side was unfamiliar territory. “Having no experience in the business side, this was an eye-opening experience for me,” he said. “I really learned a lot and tried to understand all those terms. I feel fortunate to have this [program].”

Through Lab2Market, Xu built that understanding. “Now we can work with the business team for advanced drug development,” he said. “Hopefully, within a few years, with small business grants and venture capital investment, we can quickly move our discovery into clinical trials for women with breast cancer.”

OcuJunction Therapeutics: Fast Relief for a Silent Threat

For Dr. Michael Wang, a professor of pharmaceutical chemistry, Lab2Market provided the push he needed to act on years of research. “I had this idea of forming a company based upon the research that I do in my lab,” Wang said. “It’s been years, but I never acted on it.”

That idea became OcuJunction Therapeutics, developing peptide-based treatments for glaucoma and macular degeneration. Ocular hypertension—a rapid rise in eye pressure that can cause permanent vision loss—is a medical emergency. Wang’s peptide therapies act faster than existing drugs, offering the potential for life-changing intervention when minutes matter. “We have peptides that we’re developing right now to lower ocular pressure to treat glaucoma, and we also use additional peptides to test delivering therapeutic monoclonal antibodies to the back of the eye to treat macular degeneration,” Wang said.

Participation in Lab2Market altered Wang’s perspective on translating scientific discoveries into business. “A lot of things that I wasn’t thinking about before becoming part of the accelerator cohort got me to think in terms of intellectual property, in terms of capital, how we should approach venture capitalists, and how you want to fund your company,” he said.

SteroCore: Rethinking Hormone Therapy

Yezan Salamoun, a Pharm.D. and doctoral researcher at KU, saw a clear problem with current testosterone replacement therapies. “SteroCore works to develop an oral testosterone prodrug,” he said. He described their lead candidate, STC-101, as “an inactive molecule delivered orally and activated by the liver into active testosterone.”

Salamoun noticed that patients don’t like injectable or transdermal testosterone therapies. “Ideally, you’d have an oral product for everything,” he said. “That’s the gold standard.”

Lab2Market provided the team with a framework for pursuing that goal, along with a sense of connection. “You see other people that are like-minded, and you sort of build this community,” he said. “I really enjoy the Lab2Market accelerator because we’re in person for most sessions. Building that community, that’s how people succeed.”

VOISS: Teaching Social Skills Through Virtual Reality

Innovation at KU naturally extends into education. Dr. Amber Rowland, associate research professor at KU’s Center for Research on Learning and the Achievement and Assessment Institute, is co-founder of VOISS. This virtual reality platform enables middle school students to practice social and communication skills in a safe and immersive environment.

Paul Epp, COO of VOISS, described the platform as “a virtual-reality-based tool for teaching social skills to anyone who needs them, primarily kids in the middle-school age range—especially useful for kids who have autism.”

Rowland and her colleagues entered Lab2Market to move their research toward commercial readiness. “As researchers, we’re in development mode all the time,” Epp said. “You have to be able to step out of that.” The team went through what he called the “nuts and bolts of company formation”—decisions about personnel, timing, and sequence that, as he put it, “can be very scary.”

That work is paying off. What began as a KU research project is now reaching classrooms nationwide, helping students practice essential life skills through immersive learning technology developed right here in Kansas.

Perks of the Park

Each of these founders arrived at KU Innovation Park with ideas in motion and left with a clearer path to impact—companies and concepts refined for real-world success. That transformation is one piece of the Park’s purpose. Its Lab2Market accelerator provides KU researchers with the structure, resources, and community to transform ideas into startups that thrive and grow in Kansas.

Part of the Park’s mission is to support the commercialization of KU research, leveraging the state’s public investment in discovery to help turn it into new companies, jobs, and technologies. Early-stage startups formed through programs like Lab2Market can make a home in Park space, receive tailored business support from professional staff, and gain access to equipment, connections, and investor networks that would otherwise be out of reach.

That incubation model creates measurable economic returns. KU Innovation Park is where proof-of-concept becomes proof-of-business, anchoring high-value companies that hire locally and attract private investment to Douglas County. It’s also where KU talent stays—scientists, engineers, and entrepreneurs who might otherwise leave the state find a place to build their companies and careers.

By design, the Park supports the earliest, riskiest stages of entrepreneurship—the part of the innovation pipeline that turns raw ideas into viable businesses. The early stage is demanding and uncertain, but it’s also where economic impact begins. By supporting that work, the Park turns KU discoveries into companies that grow in Kansas and contribute to the region’s future. 

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Sterling Smith

Business Analyst

Sterling Smith is a sophomore at the University of Kansas, majoring in Electrical Engineering. At KU, Sterling is a Student Ambassador, a SELF Engineering Leadership Fellow, and is involved in the University Honors Program, Engineers Without Borders, and the Engineering Student Council. Outside of school, Sterling loves reading, playing volleyball & pickleball, and drinking coffee outside. He is excited to solve problems and ask lots of questions!

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Tanushri Sakaray

Business Analyst

Tanushri Sakaray is a senior at the University of Kansas, majoring in Computer Science. Tanushri is involved in the Self Engineering Leadership Fellowship, SELF Outreach Committee board, Catalyst Program, Women in Computing Club, and KU Honors Program.  Outside of school, Tanushri loves art, running, and watching shows with her friends. She can't wait to get hands-on experience and contribute to the innovative projects at KU Innovation Park!

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Max Krebsbach

Business Analyst

Max Krebsbach is a junior finance major at the University of Kansas. Max is a Jennett Finance Scholar and is involved in the Business Honors Program, the Investment Club, and Delta Tau Delta. Outside of the classroom, Max enjoys wakesurfing, running, and listening to house music. He is looking forward to working with the KU Innovation Park team this fall! 

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Sarah Plinsky

Administrator, Douglas County

Sarah Plinsky was hired as the County Administrator in September 2019 after serving in the interim position for nine months. She is currently a member of the board for KU Innovation Park. Before becoming the administrator, she had served as the Assistant County Administrator since December 2010. Previously, Sarah was the Assistant to the County Manager in Johnson County, Kansas. In Johnson County, she also served as the Interim Assistant County Manager for the Community Services Team and Interim Director of Public Health. Sarah is a graduate of Leadership ICMA (International City and County Management Association) and the Senior Executive Institute at the University of Virginia. She holds a B.A. in political science and a Master’s in public administration from the University of Kansas.

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Craig Owens

City Manager, City of Lawrence

Craig Owens began serving as City Manager of Lawrence in July 2019 after serving as City Manager for the City of Clayton, Missouri, for 11 years. Over the past 25 years, he has served similar positions for the cities of Rowlett, Texas, O’Fallon, Illinois, and Hazelwood, Missouri. Craig holds a Bachelor of Arts degree from Knox College in Galesburg, Illinois, and a Master of Public Administration degree from the University of Kansas. He is a member of the International City/County Management Association (ICMA). Craig is a former president of the Missouri City/County Management Association and the St. Louis Area City/County Management Association.

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Bonnie Lowe

President & CEO, The Chamber, Lawrence

Bonnie Lowe has been the president and chief executive officer of The Chamber of Lawrence since January 2019. In that role, she is responsible for leadership, strategic planning, and management functions. She had earned her Bachelor of Science in Finance from Fort Hays State University. Before her current position, Bonnie was the chief operations officer for the Chamber. For four years before working with the Chamber, Bonnie was a senior civil investigator for the US Attorney’s Office. In Lawrence, from 1998 to 2008, Bonnie worked as the Community Bank President. She also served on the Lawrence City Commission.

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Steven W. Stites, M.D., F.A.C.P., F.A.C.C.P

Executive Vice President, Clinical Affairs & Chief Medical Officer, KU Medical Center

Dr. Steve Stites joined the hospital’s leadership team as senior vice president of clinical affairs in February 2012 and became executive vice president and chief medical officer for the health system in July 2018. He serves a dual role as vice chancellor for clinical affairs at the University of Kansas Medical Center. Dr. Stites received his medical degree from the University of Missouri-Columbia. He completed his residency and chief residency in internal medicine at the University of Rochester and a fellowship at the University of Kansas Medical Center.

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Mark Shiflett, Ph.D., P.E.

Co-Founder & CSO of Icorium, Distinguished Foundation Professor

Dr. Mark Shiflett is a Distinguished Foundation Professor in the School of Engineering at the University of Kansas (KU), where his research focuses on developing environmentally friendly, energy-efficient processes and products for the chemical industry. He retired from the DuPont Company after 28 years in 2016 as a Technical Fellow in the Central Research and Development Organization at DuPont’s Experimental Station in Wilmington, Delaware. Mark is an inventor on 46 U.S. patents and has published over 130 articles on his research at DuPont. He is also the co-founder and chief science officer of Icorium Engineering Company, a KU spin-out company revolutionizing refrigerant reclamation with efficient, complete separation of even the most complex mixes.

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Derek Kwan

Board Secretary – Executive Director, Lied Center of Kansas

Derek Kwan serves as the Lawrence Chamber Board Chair and secretary of KU Innovation Park’s Board of Directors. He has served as the Executive Director of the Lied Center of Kansas since January 2014. Derek previously worked for Interlochen Center for the Arts as the Executive Director of Interlochen Presents. At the Lincoln Center in New York City, Derek served as the Vice President of Concerts and Touring for Jazz and the Associate Director of Programming & Concert Operations for Jazz. A voting member of the Recording Academy, he has production credits on over 60 albums. Derek also serves as a board member for the LMH Health Foundation.

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Michele Hammann, CPA/PFS, CVA

Treasurer - Chief Strategy Officer, SSC CPAs + Advisors

Michele received her Master of Accounting and Information Systems from the University of Kansas in 2001. She is a member of the American Institute of CPAs, the Kansas Society of CPAs and the National Association of Certified Valuation Analysts. She is the past Chair of the Board of the Lawrence Chamber of Commerce and A past President of Junior Achievement of Douglas County. In 2019, Michele received the KSCPA/AICPA ‘Women to Watch’ Experienced Leader Award.

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Karen Willey, Ph.D.

Commissioner, Douglas County

Karen Willey earned her Ph.D. in Geography from KU before starting and operating several successful businesses in Douglas County. Her latest company, FarmTender, LLC, is producing an online application geared toward expanding regenerative farming practices in Kansas. Currently, Dr. Willey leverages her 25 years of nonprofit board experience through her work as a professional consultant and grant writer with Futureful, a local consulting group serving health, housing, and human services nonprofits, mainly in urban Kansas City. In 2022, she was appointed to fulfill an unexpired term on the Douglas County Commission. Additionally, Dr. Willey serves as the President of BRAC, a local housing nonprofit, as a volunteer firefighter with Willow Springs Fire District, as a member of the NAACP Legal Redress Committee, and in many other community roles.

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Douglas Girod, M.D.

Board Chair - Chancellor, University of Kansas

Douglas Girod, M.D., has been the Chancellor of KU since 2017, where he established a bold vision for the University of Kansas to be a destination for top scholars from across the world, an engine of economic growth for Kansas, and one of the nation’s leading research universities. Chancellor Girod received his bachelor’s degree in chemistry at the University of California at Davis and his M.D. from the University of California at San Francisco. He is involved with several other organizations, including as a board member of the AAU, Civic Council of Kansas City, chambers of commerce in Lawrence and Greater Kansas City, and MRI Global. Chancellor Girod was recognized with a Regional Leadership Award from the Mid-America Regional Council in 2016 for his work with KC Rising.

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Mike Dever

Vice Mayor, City of Lawrence

Mike Dever was elected to the Lawrence City Commission in 2023 and serves as Vice Mayor. Mike is the president and CEO of GuideWire Consulting, LLC. He supervises the entire staff and all departmental services and oversees a wide variety of environmental and property assessment services.

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Kate Chinn

Incoming Chair, The Chamber of Lawrence

Kate Chinn is the chair-elect for The Chamber’s Board of Directors. Kate owns Express Employment Professionals in Lawrence, a leading staffing provider helping job seekers find work with a wide variety of local businesses.

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Kerri Johnson

Internal Operations Manager

Kerri Johnson manages the Park’s day-to-day operations, including all administrative and front office matters, managing activities, handling scheduling, and working with service providers to maintain and improve building efficiency and Park staff productivity.

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Michael Smithyman

Director of Operations

Mike Smithyman manages plant operations and construction, handles leasing and related client interfaces, and works with tenants and prospective tenants to meet various business growth, management, and operational needs. He brings years of experience in the commercial real estate industry to the Park. Additionally, Mike tracks and manages the Park’s economic metrics.

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Chris Rehkamp

Director of Business Services

Chris Rehkamp is an experienced entrepreneurial ecosystem builder and has supported the launch and growth of new businesses for nearly a decade. An entrepreneur himself, Rehkamp most recently served as associate director of the Technology Venture Studio at the University of Missouri-Kansas City Innovation Center. Chris has a Master of Professional Studies in Technology Entrepreneurship from the University of Maryland. Startland News named him a Community Builder to Watch in 2022.

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Lindsey Slater

Vice President of Strategic Communications

Lindsey Slater oversees strategic communications for the Park, raising brand awareness to drive business development and expansion while providing support to resident companies. An experienced communications professional with a knack for storytelling, Lindsey highlights the strengths of the Park and its companies through the written word, video and beyond. She most recently was the director of communications and storytelling for the Association of Chamber of Commerce Professionals. She has a journalism degree from Northwestern University's Medill School.

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Adam Courtney

Chief Executive Officer & Board President

As CEO, Adam Courtney provides strategic and operational leadership of the Park, including overseeing business operations, strategic initiatives and resource management, and fostering the Park’s culture, mission and vision. Adam previously worked for the Federal Housing Finance Agency. He served as the Park’s chief financial officer for ten years before being named CEO and president of the Board in March 2024.