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 […]
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 […]
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, […]
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 […]
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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