Life Sciences News

Essential Medical Inc. Announces Successful Live Case at TCT

November 8, 2016

Essential Medical, Inc., a privately held medical device company addressing the rapidly growing large bore vascular closure market, announced today the first live MANTA case at the Transcatheter Therapeutics conference (TCT) in Washington DC. TCT is the largest annual interventional cardiology conference in North America. The case was performed live on Monday October 31st by […]

QR Pharma Raises $800,000 of Series A Preferred Stock

October 28, 2016

QR Pharma, Inc., a privately held biopharmaceutical company developing novel therapies for the treatment of Alzheimer’s, Parkinson’s and other neurodegenerative diseases, has closed on $800,000 of Series A Preferred Stock financing. Existing investors Robin Hood Ventures and individual angels filled this round. QR Pharma will use the funding to continue to develop its lead compound, […]

ZSX Medical wins $100K at angel group Keiretsu Forum’s annual expo

October 28, 2016

ZSX Medical, a medical device company based out of a life sciences coworking space on Drexel’s campus, won the top prize — a $100,000 investment — at the Keiretsu Forum Mid-Atlantic’s fourth annual Angel Capital Expo on Wednesday. At the angel group’s expo, held at Drexel University’s Bossone Research Center, 15 companies pitched. Following the […]

FDA Approves Janssen Biotech’s Drug for Crohn’s Disease

September 30, 2016

The Food and Drug Administration approved expanding the label for Horsham-based Janssen Biotech’s Stelara product to include its use for the treating Crohn’s disease. Crohn’s disease is a chronic inflammatory condition of the gastrointestinal tract that affects about 700,000 Americans. The FDA approval of Stelara specified its use in adults 18 or older with moderately […]

Essential Medical Inc. Announces Closing on $14.9M Series B Funding

September 20, 2016

Essential Medical, Inc., a privately held medical device company addressing the rapidly growing large bore vascular closure market, announced today that it has completed a Series B financing of $14.9M. The round was led by Amzak Health along with original Series A investors including DSM Venturing, the venture investment arm of Royal DSM. Greg Walters, […]

RistCall replaces antiquated nurse call buttons with smart watch technology

September 20, 2016

Startup RistCall was founded August 2014 in Philadelphia, and recently completed Memphis Bioworks’ Zero to 510 medical device accelerator. Founder and CEO Srinath Vaddepally describes Ristcall as a game-changing technology, to disrupt the current nurse call button system found in hospitals and nursing homes. Ristcall has a software and a hardware component – – the […]

Greenphire Executives To Participate In INC Research And CISCRP’s ‘Inspiring Hope’ Ideathon

September 20, 2016

Greenphire, the global leader in clinical payment solutions, recently announced that it will participate in INC Research and CISCRP’s “Inspiring Hope” Ideathon, a competition designed to promote greater awareness of the importance of clinical trial participation in advancing public health. The ideathon is being held in Boston on September 27 – 28. According to CISCRP, […]

Morphotek Announces Sponsored Research Agreement With Fox Chase Cancer Center To Study Immunosuppressive Effects Of Tumor Shed Antigens To Improve Future Patient Therapies

September 13, 2016

Morphotek®, Inc., a subsidiary of Eisai Inc., announced today that it entered into a Sponsored Research Agreement (SRA) with Fox Chase Cancer Center (FCCC) to expand its research efforts into the immunosuppressive effects elicited by tumor shed antigens on the efficacy of immune-based therapies. The collaboration will utilize primary human organoid cultures derived from various […]

InstaMed Delivers Simpler, More Transparent Healthcare Payments Experience

June 6, 2016

InstaMed, healthcare’s most trusted payments network, announced today that it has released new enhancements that deliver next-generation healthcare payments solutions for providers, payers and consumers. Most notably, InstaMed has built on ten years of innovation with updates to its patented InstaMed Estimator solution, which allows providers to estimate patient responsibility, secure a payment method and […]

Solid growth, but more work ahead for Philly’s life sciences sector

May 19, 2016

After thorough examination, the results are in: Philadelphia’s health and life sciences scene is doing better than ever. This was the consensus of a group of key industry leaders during a Philly Tech Week 2016 presented by Comcast panel discussion in the Center City offices of the Public Health Management Corporation. Conveners, startups and major […]