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Pennovation Center Poised to Rewire Science, Spirit of Entrepreneurship

October 31, 2016

Every shimmering detail of the University of Pennsylvania’s new business incubator and lab is cutting edge, right down the 3D printed scissors ushered on stage by a robot to cut the ceremonial ribbon. Over the past few months, the futuristic Pennovation Center has quietly gotten to work on a mission that seeks nothing less than […]

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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 […]

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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, […]

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Tangent Energy Solutions Joins Venture Agreement with Cummins

October 26, 2016

Tangent Energy Solutions, a start-up company based in Kennett Square, PA that specializes in distributed energy management, said today that it would form a joint venture agreement with industrial equipment maker Cummins. The newly formed joint venture, Tangent Generation Resources, LLC, will market to a new line of natural gas generators called edgeGEN. The natural […]

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InvisALERT Solutions has raised more than 600k for a 2nd generation wearable-based patient monitoring platform to improve safety for psychiatric inpatients

October 25, 2016

Behavioral health has been a growing area of interest for digital health. But most companies have avoided clinical settings, particularly psychiatric hospitals. Philadelphia company InvisALERT Solutions is developing a workflow tool using a wearable-based patient monitoring platform to improve safety for psychiatric inpatients. In an interview, InvisALERT CEO Peter Nagy said the idea is to […]

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