Columbus

Health IT

Ohio State University data analytics spinoff nabs $5M from health system investors

A business intelligence and healthcare analytics company spun out of Ohio State University Wexner Medical Center by its former CIO has raised $5 million from health system investors. Health Care DataWorks will use the equity investments from MemorialCare Innovation Fund and Cedars-Sinai Health System to further product development and build infrastructure to scale the business, […]

Devices & Diagnostics

$9M Series B will help Minimally Invasive Devices expand, drive sales of lens-clearing tools for laparoscopes

As the number of laparoscopic procedures being performed at hospitals and surgery centers outgrows the number of open surgeries, facilities are investing millions of dollars into equipment to improve these procedures, like high-definition optics. But high definition video systems aren’t serving their purpose if the surgeon’s view is obstructed by fog and debris during surgery. […]

Diagnostics

This time, FDA says yes to Navidea Biopharmaceuticals’ Lymphoseek

After more than a decade of development and a couple regulatory delays, Navidea Biopharmaceuticals (NYSE:NAVB) finally got the FDA approval it needs to begin marketing its radiopharmaceutical Lymphoseek. In a conference call today, company executives declined to discuss the third-party manufacturing issues raised by the FDA’s complete response letter issued in September. They said the […]

Pharma

Cardinal Health, Eli Lilly collaborate on Alzheimer’s imaging agent

Cardinal Health (NYSE:CAH) will manufacture and distribute a radioactive imaging agent from Eli Lilly (NYSE:LLY) that could help doctors diagnose Alzheimer’s disease. The imaging agent, called Amyvid, is scheduled for commercial launch on June 1, according to a statement from Dublin, Ohio-based Cardinal. Amyvid was approved by the U.S. Food and Drug Administration in April. […]

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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.

Hospitals

Top Ohio State neurosurgeon leaving for Brigham & Women’s

A key doctor who was recruited to Ohio State University nearly a decade ago to build the university’s neurosurgery department is leaving for Brigham and Women’s Hospital. Dr. E. Antonio Chiocca will start on Aug. 1 as the chair of Brigham and Women’s neurosurgery department. He’d held that position at Ohio State since 2004, a […]

News

TechColumbus hires new CEO from Oklahoma economic development group

Nonprofit business development group TechColumbus has hired a new CEO from a similar organization in Oklahoma. Tom Walker, who began his career as a research scientist at Battelle, takes the reigns of TechColumbus. TechColumbus had been led by interim CEO Tim Haynes since the group’s former leader and founder, Ted Ford, announced his resignation in […]

News

Fitness machine optimized for the disabled draws $525K investment

A company developing a fitness machine designed specifically for use by the disabled has received a $525,000 investment. The funding to Columbus, Ohio-based IncludeFitness comes in the form of debt and was sourced from four investors, according to a regulatory filing with the U.S. Securities and Exchange Commission. The company’s “The Access” exercise machine comes […]

Devices & Diagnostics

Incisionless antiobesity device gets CE Mark

An incisionless, implantable antiobesity medical device from EndoSphere has received the CE Mark, which signifies European regulatory approval. EndoSphere’s device, called the Satisphere, works by slowing the passage of food through the duodenum, the upper part of the smaller intestine that breaks down food. Because food is in contact with the duodenum for a longer […]