Teledermatology company Iagnosis has raised the first tranche in what it hopes will be a $5 million fundraise to support the launch of an expanded mobile platform to share rashes and problem skin images with dermatologists. The company’s form D filing on the Securities and Exchange Commission’s website shows it has raised about $1.25 million […]
A lot of hopes were pinned on using dexpramipexole to treat those with ALS. But it the small molecule drug, thought to maintain mitochondrial function, flopped in Biogen Idec’s Phase 3 trials last year: Though fast-tracked in 2009 for the indication, it failed to show any statistical efficacy in improving the symptoms or lifespan of patients with Lou […]
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.
Pittsburgh-based personalized medicine company Precision Therapeutics has changed its name to Helomics Corp. – and has brought in an impressive $60 million financing round and hired a new C-suite and board, to boot. The company’s strategy will be to become highly acquisitive in the personalized medicine space, it said in a statement. The cancer diagnostics company […]
A physician and co-founder of Rijuven, which secured FDA clearance for developing a digital accessory for the stethoscope has moved into the wearables market. Dr. Raj Kapoor is working with co-founder Evens Augustin, a Carnegie Mellon University Biomedical Engineer, and a a group of researchers, on a wearable called Rejiva that uses sensors to capture […]
Pittsburgh’s dominant health insurance company and its largest healthcare provider are, essentially, getting a divorce. For decades, Highmark Blue Cross/Blue Shield and University of Pittsburgh Medical Center worked together. But as the line between insurance companies and health care providers across the country blurs, these longtime allies are venturing into each other’s business and becoming […]
Bedsores are a nasty business. Commonplace among patients with limited mobility, they can lead to horrid complications like sepsis, cellulitis and even cancer. And they are notoriously difficult to detect when they’re in their earliest stages. Pittsburgh startup Rubitection is developing a diagnostic tool to do exactly that – detect the early onset of a bedsore, so […]
Gabby Everett, the site director for BioLabs Pegasus Park, offered a tour of the space and shared some examples of why early-stage life science companies should choose North Texas.
A Carnegie Mellon University startup wants to make it easier for physicians to talk about preventing and reducing obesity with children and their families. It wants to make these conversations less challenging, confrontational and defensive.
Complexa, a drug developer using synthetic fatty acids to treat chronic and acute kidney disease, has raised $13 million in a Series B financing round, according to a company statement. The new funding comes as it prepares to file an IND for an oral formulation for chronic kidney disease and will help advance its Phase […]
A Pennsylvania dermatologist has rounded up some new capital to grow his mobile telehealth startup. Iagnosis, co-founded and led by Dr. Mark Seraly, has closed $2.85 million in angel funding. It’s part of a larger $7.25 million Series A round that included conversion of all existing convertible debt, Iagnosis said in a statement. The Pittsburgh-based […]
India is the latest country where it offers physicians the ability to consult with UPMC specialists in oncology, pulmonology and other specialty areas. It will also add Afghanistan later this month to a growing list of countries where it offers the service.
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.
Pittsburgh insurer Highmark Blue Cross Blue Shield is taking advantage of the brutal cold weather in the Midwest with a new appeal to catch consumers’ attention – and help them out, too. Earlier this month, Highmark turned the bus shelters at four Pittsburgh bus stops into “warming stations” with overhead heat lamps. Of course, the […]
One aspect of the telemedicine business has focused on second opinions. MDLIVE is adding a second opinion service for children. It seems a logical move since parents would be likely to seek second opinions for their children, especially if their child’s symptoms eluded primary care physicians. It has added Children’s Hospital of Pittsburgh as a […]
The increasing availability of big data from the likes of CMS to get a better handle on population health patterns is a growing trend in healthcare. Health IT startups such as Social Health Insights and Konnectology are just a couple of examples of that in action. But what could it do to improve understanding for […]
The U.S. market for remote monitoring reached $10.8 billion last year. Healthcare facilities see it as a way to track patient vital signs to spot potential problems earlier and avoid unnecessary healthcare costs, particularly after patients with chronic conditions are discharged. A Pittsburgh company has taken a novel approach to this need by developing a […]
Despite the challenges facing its growth, telemedicine is seen as way to improve access to care, particularly to specialists in rural areas where they might be in short supply. Teledermatology is one telemedicine segment that’s been growing, helped by store-and-forward technology that allows users to take a picture of a rash or skin irregularity, upload […]