Professional services and research firm JLL recently released its annual Life Sciences Outlook report, which scores 15 metropolitan areas across the country and Canada on life sciences workforce statistics, funding availability, and other factors. The report reinforces the idea that Philadelphia’s life sciences industry is thriving. The city came in at #5 on the list, […]
Christina Lopes, the CEO and co-founder of The One Health Company, got a unique opportunity to raise the profile of her Philadelphia life science startup with an appearance at the World Economic Forum in Davos, Switzerland in January 2017. A Young Global Leaders of World Economic Forum alumnus, Lopes was invited to attend the World Economic Forum […]
We live in a world where new technology is constantly and consistently advancing and new companies are born every day. In 2014, the recession maintained its grasp on American ingenuity as entrepreneurship hit a 20-year low. However, according to the Kauffman Index for 2016, startup activity rebounded last year, going up for the second year in […]
A Montgomery County company seeking to develop ways to treat cancer in dogs and cats has secured a new partner and new investment to help it achieve its goals. MBF Therapeutics of Ambler raised more than $100,000 in new capital from private investors and converted existing debt and notes into equity in a $1.1 million […]
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, 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, 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 […]
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., 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, […]
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 […]