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Pa. Lags Behind Peers in Funding its ‘Innovation Economy,’ Brookings Report Says

August 16, 2019

Pennsylvania has the infrastructure and resources to fuel a vibrant innovation economy, but the state’s lack of investment is holding it back at a crucial time. That’s the main message of a new report out Tuesday from the Brookings Institution’s Metropolitan Policy Program, which analyzed Pennsylvania’s current state of innovation funding and highlighted 20 state initiatives across […]

Penn Spinoff Takes on Glaucoma with Nanotechnology-Enabled Implant

August 9, 2019

Avisi Technologies, a medical device startup spun out of the University of Pennsylvania, is working on a new way to help glaucoma patients. The Philadelphia company recently landed a $225,000 federal government grant to support its work on a nanotechnology-enabled implant called the VisiPlate, which is being developed as a defense against blindness caused by […]

Montco Pet Medicine Company Licenses Immunotherapy Technology From UNC

August 7, 2019

MBF Therapeutics, a Montgomery County animal health company that wants to bring immunotherapy to veterinary medicine, signed an exclusive option agreement for technology developed at the University of North Carolina. Financial terms of the deal are being kept confidential. The agreement, which covers animal health applications of the technology, will allow MBF Therapeutics of Ambler […]

Comcast-Backed Accolade Buys Health-Care Data Firm

August 2, 2019

Accolade, a start-up in the Philly suburbs that helps manage health care for big employers, has acquired a California firm with data on 13 billion medical claims coming from 250 million patients, the company said Thursday. The data will be used by Accolade personal health-care assistants to help covered employees and family members make better […]

Center City Tech Firm Sidecar Raises $7.5M in Latest Round

August 1, 2019

Marketing tech firm Sidecar Interactive raised a new $7.5 million funding round, the Center City-based company confirmed this week, as it seeks to continue its “tremendous” growth. CEO Andre Golsorkhi told the Philadelphia Business Journal the funding round, a follow-on from its $11 million Series C in May 2017, will go toward investing in engineering […]