Two private equity firms announced the formation of a $26.6 million fund that will focus exclusively on the aging marketplace and companies within it. Chicago-based Ziegler and Ohio-based Link-age Ventures announced the close of the Longevity Fund, which aims to address a number of key issues affecting seniors. Among them: coordination of care, chronic disease […]
River Cities Capital Funds, a growth equity firm investing in high-potential healthcare and IT companies, is pleased to announce the final closing of its fifth fund. Fund V has reached a $200 million hard cap. Dan Fleming, Managing Director of River Cities, says, “With a $200M fund, River Cities is a significant player pursuing investments in […]
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.
Healthcare startup strategy: How to market and sell in the era of reform? While healthcare reform is well underway, a true shift in care delivery and economics appears to be more of a looming threat than a proven reality. The question remains: How do you manage and grow a successful business in the dynamic environment […]
While healthcare reform is well underway, a true shift in care delivery and economics appears to be more of a looming threat than a proven reality. The question remains: How do you manage and grow a successful business in the dynamic environment of today while positioning for the future? We asked a few of the […]
Clinical trials are underway for what could be a first-of-its-kind blood test that would help doctors determine what caused a patient to have a stroke. Developed by Cincinnati-based Ischemia Care, the test isolates RNA from whole blood and examines immune responses, with the goal of differentiating where an ischemic stroke originated in a patient’s body. […]
It’s not all simple apps and wellness any more. The four companies presenting in a Cincinnati health innovation competition are second generation healthcare startups. “We had an outstanding field of applicants making it very difficult to narrow the field,” said Sunnie Southern, founder of Innov8 for Health. “The maturity of the companies that we are […]
Gabby Everett, the site director for BioLabs Pegasus Park, offered a tour of the space and shared some examples of why early-stage life science companies should choose North Texas.
Celexa. Zoloft. Prozac. Lexapro. Cymbalta. The list of FDA-approved drugs to treat depression and other neuropsychiatric disorders goes on and on. Finding the right one, or ones, for a patient is often a matter of guesswork, said James Burns, CEO of personalized medicine company Assurex Health (formerly AssureRx). “It’s usually ‘start low and go slow,’” […]
Improving the experience of care. Improving population health. Reducing the cost of care. It’s the so-called Triple Aim in healthcare, and a contest run by a Cincinnati health IT accelerator is looking for promising companies with products or solutions that enable it. Startups have until Oct. 20 to apply for Innov8 for Health’s Startup Showcase, […]
General Electric (GE) forges the opposite route of many large companies as it prepares to deal with Obamacare. It’s working directly with hospitals and doctors to improve care and reduce costs, the New York Times reports. In GE’s hometown in Cincinnati, more than 100 doctors’ practices have converted to medical homes because of their push. […]
AT&T’s first chief medical information officer Dr. Geeta Nayyar is changing employers but not job titles. She has joined patient engagement business PatientPoint as its CMIO, according to a company statement. At AT&T, Geeta Nayyar’s (@gnayyar) work involved adding a clinical perspective to its mobile health arm, AT&T ForHealth, and she will serve a similar […]
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.
Akebia Therapeutics might be a bit behind in the race to develop a safer, oral drug for anemia, but it’s just gotten a big vote of confidence from investors in the form of a $41 million Series C. Novartis Venture Fund, Kearny Venture Partners, Venture Investors LLC, Athenian Venture Partners, Triathlon Medical Ventures, AgeChem Venture […]
Ohio-based private equity firm Link-age Ventures is raising a $20 million to $35 million technology fund this year. The team involved says the fund will invest in everything from early stage to growth-stage larger players in serving the aging population’s needs that include healthcare services and IT. “We are interested in the interplay between the […]
Midwest VC firm Allos Ventures has $40 million in tow and is looking to use it to back a handful of emerging technology companies in the region. Allos’ recently closed second fund will follow the path of its first by targeting early-stage companies in high-growth sectors, namely software and technology-enabled business services, specialty healthcare providers, […]
Healthcare projects in Cincinnati, OH and Springfield, OR made the list of 20 finalists in the Bloomberg Philanthropies’ Mayors Challenge. Springfield wants to make primary care available to everyone through an after-hours house call service. Cincinnati is using data analysis and care coordination to improve prenatal care and lower the rate of premature births and […]
Students from universities around Cincinnati pitched ideas for everything from lip balm to liver enzymes at Friday’s Innov8 for Health Idea Expo in Cincinnati. Eight teams presented and four won $1,000 to move to the next step of building a business plan. Here are the four winning teams. Solving the Sleep Puzzle – This was […]