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Max Endoscopy, TheraVasc get 250k investments from JumpStart

Device maker MAX Endoscopy Inc. and drug developer TheraVasc Inc. each have received $250,000 follow-on investments from JumpStart Ventures, the investment arm of Northeast Ohio venture developer JumpStart Inc. The new commitments follow initial investments of the same amount that JumpStart made in the two companies last winter.

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ChanRx to use $250K investment to reformulate a-fib drug

Updated 2:47 p.m., Aug. 5, 2010. Two-year-old drug development company ChanRx has received a $250,000 investment commitment from JumpStart Ventures, the investment arm of Northeast Ohio venture developer JumpStart Inc. ChanRx was spun off by ChanTest Corp. in Garfield Heights, Ohio, to develop small-molecule drugs — specifically, Vanoxerine — to treat atrial fibrillation, an increasingly […]

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CoverMyMeds gets $250K for tools to automate prior authorization

Healthcare technology and services company CoverMyMeds LLC has received a $250,000 investment commitment from JumpStart Ventures to develop its application for automated submission of requests to cover patient prescriptions that have been rejected by insurers. The Twinsburg, Ohio, company has developed Web- and phone-based tools that speed up and automate the submission of Prior Authorization […]

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Third Frontier grants $3M to support startup tech companies

The Ohio Third Frontier Commission has awarded more than $3 million to entrepreneur-support organizations that provide services and investments to startup technology companies. The grant awards were made under the Third Frontier Pre-Seed Fund Initiative and Entrepreneurial Signature Program. — Cincinnati USA Regional Chamber was awarded $2 million for its Southwest Ohio Signature Program: The […]

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CardioInsight raises $5.7M for heart-mapping technology

CardioInsight Technologies Inc. has raised $5.7 million in an ongoing funding round to help commercialize its heart-mapping technology. The Cleveland company's electrocardiographic mapping technology could help diagnose and treat electrical abnormalities of the heart, such as heart failure and arrhythmia.