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NeuroFlow is one of 13 companies to receive a grant from Philadelphia’s StartupPHL program. The company is working with several leading providers in the region to improve health outcomes with technology. Currently, the team has 21 full-time employees.
MetaMe, which is developing a hypnotherapy-based digital therapeutic for the treatment of Irritable Bowel Syndrome, raised a $3.8 million seed round led by Israeli venture capital firm LionBird Ventures. The business will use the funding to conduct a pivotal trial for Regulora as part of its pathway towards FDA clearance. To read more, click here.
Exo, a portable ultrasound developer capable of producing 3D images, has closed a $35 million Series B round. Intel Capital led the round with participation from Applied Ventures, Bold Capital, Creative Ventures, Longevity Vision Fund, Magnetar Capital, Nautilus Venture Partners, OSF Healthcare, Rising Tide Fund, Sony Innovation Fund and Wanxiang Healthcare Investments. To read more, click here.
A Deep-dive Into Specialty Pharma
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
NextStep Interactive, a digital healthcare training platform focused on health-related jobs, such as nurses aids and home health aids, has raised $3 million. Companies taking part in the round include SEI Ventures, JAZZ Venture Partners, Learn Capital’s Learn Start Fund, Springrock Ventures, City Light Capital, Frontier Angels and managing directors from Pioneer Square Labs. To read more, click here.
MedCity News has launched a careers section. Employers can now submit open positions to the Careers section on the MedCity News website. These jobs will be posted in the section and will remain on the website for a month. We have made the process as easy as possible. For $295, you supply a brief description of the company, the main responsibilities and requirements of the position, and how to apply. Content should not exceed 500 words and you can include a company logo.
Why use MedCity to support your recruitment efforts? Our 10 year-old publication has 40,000 newsletter subscribers spanning providers, payers, biopharma, medical device and health tech companies. We recently rolled out a weekly biopharma newsletter. Additionally, we attract 425,000 unique visitors each month and have a social media following of more than 38,000.
Best of all, members of the MedCitizen startup network receive 50 percent off job posts for the rest of 2019.
If you are interested in posting your open position, please contact Winnie Liu at [email protected] today.
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