Blog

RecoveryLink and 2 More Startups Got Investments From Penn’s New $5M Fund for Health

September 7, 2021

Two-year-old telehealth company RecoveryLink is one of three tech startups to receive funding from the Fund for Health, a new partnership between Penn Medicine and the Wharton Social Impact Initiative. Over the next three years, the Fund will invest $5 million in early-stage businesses addressing the social determinants of the health of economically disadvantaged Philadelphians. […]

Navrogen Raises $3M in Venture Capital Financing to Advance Cancer Therapy Platform

September 3, 2021

A 4-year-old biotechnology company based on the campus of Cheyney University of Pennsylvania has raised $3 million in a venture capital financing. Navrogen Inc. plans to use the proceeds from the seed funding round to support its technology platform being used to develop potential new therapies targeting immunosuppressed cancers and immune-mediated diseases. The financing was […]

PA Emerging Technologies Caucus visits Ben Franklin in the Navy Yard

September 2, 2021

Representatives Napoleon Nelson and Melissa Shusterman of the Emerging Technologies Caucus visited our Navy Yard offices in August to learn about blockchain, robotics and other innovative technologies that are helping build transformative companies and communities across the Commonwealth. Watch their recaps of their visit here. We need small innovative companies to stay here in PA. […]

Centers for Medicare & Medicaid Services Issues New Code for Encala®

September 1, 2021

Envara Health, a company committed to making significant advancements in the field of clinical nutrition, today announced that the Centers for Medicare and Medicaid Services (CMS) has issued a new Healthcare Common Procedure Coding System (HCPCS) code for Encala®, a structured lipid matrix powder for oral administration. This decision establishes the S9432 code, “Medical Food […]

Nexteon Technologies Completes First Commercial Aviation Cyberattack Detection Flight Test

August 30, 2021

Nexteon Technologies, Inc., a leader in advanced aviation technologies, announced today that it has completed the first in-flight test simulating a cyberattack on an Automatic Dependent Surveillance-Broadcast (ADS-B)-equipped aircraft. During the 30-minute flight, Nexteon’s SecureTrack™ technology was able to successfully detect and characterize the intrusion and generate security alerts. The test was conducted on July […]