UPDATED 2:45 p.m. to add job title and comments from Partners HealthCare. Cleveland Clinic Innovations’ executive director, Chris Coburn, who has led the prolific technology commercialization arm of the Clinic since its formation in 2000, is heading to the life science capital of the U.S. The Clinic confirmed this morning that Coburn will be departing […]
A medical device company with a new way to help surgeons gauge the success of spinal fusion surgeries has just arrived in Northeast Ohio, and investors in the area have welcomed it with $1.1 million in fresh capital. A recent transplant from Louisville, OrthoData Inc. is developing an implantable sensor that attaches to a rod […]
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Market research has suggested that neuromodulation devices make up the fastest-growing segment of the medical device sector, forecasting some $7 billion in sales within five years. Although medical device giants Medtronic, St. Jude Medical and Boston Scientific dominate the market, there are a number of young companies working on nerve stimulation devices to treat pain […]
Thanks to a new three-year, $1 million grant, a group of researchers at Case Western Reserve University are continuing to develop and test a form of glucose-responsive insulin that may someday be able to reduce the risk of dangerous hypoglycemic episodes in people with type 1 diabetes. The insulin is being developed in the lab […]
Cleveland-based Athersys (NYSE:ATHX) has a full plate as it continues to advance its “off the shelf” stem cell therapy, MultiStem, through clinical trials in several indications. That means shareholders can expect more R&D spending and potential new partnerships this year as the company continues developing MultiStem and its 5HT2C agonist program. Athersys CEO Gil Van […]
When the Cleveland Clinic determined in 2008 that its anesthesia information management system wasn’t meeting its needs, the Clinic charged leaders within its own walls with creating a better system. The technology that resulted, and another innovative IT system that’s been used alongside it in Clinic operating rooms since 2010, has now been licensed to […]
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
As part of a wider effort to identify and address traumatic brain injuries in soldiers, the US Army has taken interest in a product being developed by brain monitoring device company NeuroWave Systems Inc. The Cleveland-area company just won a new, $2.5 million contract through the Army’s Medical Research and Materiel Command to develop a […]
So much to say, so little time to say it. That’s one of the predicaments entrepreneurs face when they go into a meeting with a potential VC investor.What information should be included in a pitch deck? What questions should founders be prepared to answer? What aspects of the business don’t investors need to know about […]
With a new $300,000 Phase I SBIR grant from the NIH’s National Institute of Arthritis and Musculoskeletal and Skin Diseases, biotech startup Milo Biotechnology will march forward with development and testing of its follistatin therapy for muscular dystrophy. Its lead candidate, AAV1-FS344, is a gene therapy intended to up-regulate follistatin, a protein that blocks myostatin, […]
The stethoscope is of the most fundamental tools for doctors and can be one of the most powerful in initial detection of cardiac or pulmonary illnesses. That’s why Dr. Paul Lecat wanted to give medical educators a better way to teach students to use it and understand what they hear at a basic level. For […]
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
In a bid to underscore the importance of interoperability in healthcare systems, and possibly develop its relationship with Cleveland Clinic, HIMSS is taking over the fourth floor of what used to be called the Cleveland Medical Mart, according to an announcement today. The medical mart is no more — but not because it’s gone the […]
Look no further than the popular LinkedIn photo series “Where I Work” for an indication of how important a creative workspace is for many industry leaders. While clinical research might not seem particularly creative or visual, a Cleveland-area CRO is working on a project that started as a way to add some creativity to its […]
As hospitals feel the squeeze to cut costs, they have many places to look. Some are evaluating how things are done in the operating room. Others are mining data for clues as to what causes extended hospital stays, high costs or undesired outcomes. The Cleveland Clinic, for one, is evaluating how and from where it […]
Moty Avisar and Alon Geri have backgrounds in flight simulation. Dr. Warren Selman is neurosurgeon-in-chief at University Hospitals in Cleveland. Together, the three top minds behind Surgical Theater have developed a surgery rehearsal platform on which surgeons can practice the procedure they are about to perform on a specific patient and use a digital replica […]
As hospitals work to boost their efficiency and the quality of care they deliver, many are finding they need new ways to go about finding and creating solutions to their post-Affordable Care Act challenges. They’re also looking for new revenue streams. With that in mind, one California health system put up $40 million to seed […]