Blog

Inside Annovis Bio’s $13.8 Million IPO

February 5, 2020

Maria Maccecchini made no effort to hide her glee a day after her company completed a multimillion-dollar initial public stock offering. “We aren’t cash-strapped anymore,” said the founder and CEO of Annovis Bio, greeting a visitor at her Chester County office. Annovis ended up raising a total of $13.8 million from its IPO, which closed […]

Patient Transportation Startup Roundtrip Gets a New Partnership Amid Year of Growth

January 23, 2020

Old City’s Roundtrip, makers of an on-demand transportation platform for the healthcare space, will partner with Madison, Wisconsin-based healthcare data platform Redox to improve the startup’s patient experience, the Philly company said Wednesday. Roundtrip was founded in 2016 with the mission of connecting patients, care managers and relatives or friends with a way to book […]

Smithfield Foods Taps Montco Animal Health Firm to Save its Bacon

January 14, 2020

MBF Therapeutics Inc., a Montgomery County company developing DNA-based immunotherapeutic vaccines for animals, has signed an agreement with Smithfield Foods to collaborate on new swine vaccines. Their goal is to develop swine vaccines with the potential to reduce the use of antibiotics in pork production and chronic disease in pigs by eliciting responses in both […]

This Philadelphia Business has Created a Wearable Panic Button to Protect Hotel Workers from Sexual Assault

January 10, 2020

Nationwide, there’s a push to make hotel, casino, and restaurant workers safer from on-the-job sexual harassment, thanks to expanding passage of legislation that requires companies to provide individual panic buttons to its workers. One Philadelphia business — ROAR for Good — is part of that movement. Its cofounder, Yasmine Mustafa, knows firsthand the vulnerabilities faced […]

Philadelphia Health Tech Firm Raises $1.75M, Plans to Double Headcount

January 7, 2020

Repisodic, a Philadelphia health care technology company that has developed software to help patients who are being released from the hospital but still need care, has raised $1.75 million from a private stock sale. The seed round was led by American Enterprise Ventures, a venture capital company and division of American Enterprise Group Inc. Founded […]