Forbes has unveiled its annual 30 Under 30 feature on young entrepreneurs, and a Memphis startup founder has made this year’s list.
Idicula Mathew, who is CEO of Hera Health Solutions Inc., was recognized in the Manufacturing & Industry segment, along with 30 other company founders. Forbes’ 2024 edition of its 30 Under 30 highlights 600 entrepreneurs spanning 20 industry sectors.
Mathew has been recognized by MBJ as a 40 Under 40 and Health Care Heroes honoree, while Hera Health was a Memphis Inno Startup to Watch.
Hera Health’s focus is on its proprietary drug delivery implants, which are bioerodible. A contraceptive implant, Eucontra, is the firm’s first device.
Mathew’s firm, which was founded in 2017, is based Downtown at 88 Union Ave. Hera Health had four local employees and eight companywide in the spring, according to MBJ research.
Mathew’s startup has garnered note as an emerging leader in the contraception field and its Eucontra device as having global potential. Hera Health is also investigating their implant technology’s use for opioid-use disorders and acute and chronic pain; veterinary applications; and other health conditions.
