Radiology outsourcer Radisphere raises $27.5M for technology
Radiology outsourcing firm Radisphere National Radiology Group has raised $27.5 million in a Series C investment round.
Midwest health care start-ups attract $780M in 2009; down 26% from 2008
Midwest health care start-ups attracted $780 million in investments in 2009, according to the BioEnterprise Midwest Health Care Venture Investment Report. While the number of companies winning investments last year -- 156 -- was about the same as in 2008, the dollar volume of the investments dropped 26 percent.
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.
‘Cloud radiologists’ Franklin & Seidelmann raise $12.5 million
The market for teleradiology continues to grow, and Franklin & Seidelmann has expanded into new markets, as well. Earlier this year, it added three Critical Access Hospitals -- far-flung facilities in mountainous areas that provide acute care -- in Pennsylvania, Kentucky and Idaho. At the end of 2008 it announced expanded services that included final reads of scans for night-time emergency departments.