In high concentrations, hydrogen sulfide is highly poisonous. But in the small amounts naturally produced by the body, researchers have found that it actually provides many benefits to humans. “Through our work and the work of others, we know that hydrogen sulfide therapy is very effective at preventing and treating cardiovascular disease in a variety […]
Cleveland-area patient monitoring company Great Lakes NeuroTechnologies is using the momentum it’s built in the clinical trials market to drive penetration of its device/software technology for assessing Parkinson’s disease symptoms in to other markets this year. The company’s U.S. Food and Drug Administration-cleared Kinesia technology platform is designed to give clinicians a quantitative way to […]
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.
With the timing right and new capital in its hands, CerviLenz is forging ahead with the commercialization of its device to aid in the prevention of preterm birth. The Cleveland-area company has raised at least $2 million, as disclosed in U.S. Securities and Exchange Commission documents, and hired new sales representatives to help drive adoption […]
As a surgeon working in a hospital, Dr. Conor Delaney experienced the big data problem present in so many hospitals today. Massive amounts of useful data was being processed and stored by the hospital, but it was being processed and stored in separate silos that don’t communicate with each other. He knew there had to […]
As it finishes up a pivotal study to support an application to the U.S. Food and Drug Administration for marketing clearance of its first product, medical device company AxioMed Spine Corp. has brought in $3.6 million in fresh capital. The Cleveland-area company develops products focused on restoring spinal function in patients with degenerative spine disease. […]
A new Cleveland-based startup is innovating on diagnostic technology in cardiology with the hope of getting into a $1 billion (and growing) market dominated by St. Jude Medical and Volcano Corp. Fractional flow reserve, or FFR, is a technique that measures the pressure difference across a coronary artery stenosis. It’s one of a few techniques […]
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
Cleveland-based medical device company SPR Therapeutics has upped its series A yet again and raised an additional $2.8 million, which brings its total to $5 million from NDI Healthcare Fund, Public Square Partners and individual investors. CEO Maria Bennett said the funding will help the company commercialize its peripheral nerve stimulation technology platform. The […]
The initial “first-of-its-kind” collaboration that the Cleveland Clinic inked with MedStar Health was focused on developing and commercializing new technologies. Now, the heart institute at the MedStar Washington Hospital Center is announcing another “first-of-its-kind” alliance with the Clinic — this one focused on clinical research. Physicians at the Maryland-based health system, ranked 41st on last […]
It’s a fitting conclusion to a tumultuous year for home health supply company Invacare Corp. (NYSE: IVC). In an effort to “reduce complexity” in its business and focus on its core products, the Elyria, Ohio-based company has divested its medical supplies business and reached an agreement with the FDA regarding longstanding quality manufacturing issues. The […]
Cleveland health technology company Within3 has secured a new round of financing from a New York venture fund that has previously invested in wireless sensing company CardioMEMS and pharmaceutical company Targacept. In a vague news release today, Within3 declined to disclose how much Easton Capital invested and only said that the round brought its total […]
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
One of a string of regional health IT accelerators popping up across the country, in places like New York, Philadelphia and Cincinnati, is open for market-ready or in-market healthcare IT solutions in Northeast Ohio. Cleveland’s H.I.T Accelerator is now accepting applications for its Winter 2013 session. The program, formed in February by BioEnterprise, provides startups […]
An experimental drug being developed by Milo Biotechnology for the treatment of certain neuromuscular diseases has been given orphan drug designation by the U.S. Food and Drug Administration. The Cleveland company’s drug candidate, AAV1-FS344, is a gene delivery therapy that’s designed to produce follistatin, a protein associated with muscle size and strength, in patients with […]
As the aging population creates more demand for long-term care and home health services, bringing down costs is a top priority. But another concern that should be top of mind, according to health IT company SafeCare LLC, is the safety of patients living in nursing homes or receiving home health care. The Cleveland-based startup works […]
Sensors and medicine just go together. Already we’ve seen sensors embedded into medical technology to help detect breast cancer, potential concussions and early signs of foot ulcers, just to name a few. Now a Cleveland-area startup is applying pressure sensors to breathing and feeding tubes to prevent and detect intubation complications. “Our goal is really […]
When a medical device company is working in the same market space as players like Stryker and Olympus, securing U.S. Food and Drug Administration clearance is only half the battle. Solon, Ohio-based medical device company Thermedx has the FDA clearance in place as well as several local customers and is now embarking on the mission […]