CSF Therapeutics

Devices & Diagnostics

Cleveland Clinic brain, stroke spinoff CSF Therapeutics shuts down

A promising traumatic brain injury and stroke treatment company that spun out from Cleveland Clinic has shut down, with backers of the startup hoping the technology behind the business can be revived sometime later. CSF Therapeutics was launched with lots of optimism and a $4 million venture capital investment four years ago. But the Clinic and others associated with the company now refer to the business as "on hiatus," "hibernating" or "dormant."

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A look at Northeast Ohio’s growing neurotechnology industry

Cleveland Clinic neuromodulation spinoff Intelect Medical may have stealthily exited Cleveland to set up shop in Boston, but the company's recent $78 million sale to Boston Scientific (NYSE: BSX) highlights Northeast Ohio's growing strength in neurotechnology. Here's a brief overview of the key players in Northeast Ohio's rising neurotechnology industry.