Bandits in Guinea held up a minibus taxi and stole a cooler of blood samples from a suspected Ebola patient as they were being transported to a test site in Gueckedou, officials said Friday. The samples are believed to contain the virus. Currently it is unclear why the roadside robbery took place or what the […]
Mobile health startup Gauss Surgical has raised $1.5 million through the sale of equity as part of a total offering that could reach more than $2 million, according to a filing with the SEC. The Silicon Valley company recently received FDA approval for its Triton Fluid Management System. The Triton app uses an iPad camera […]
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.
Victory Healthcare, which operates a number of surgery centers and hospitals, is in the midst of raising $3 million, according to a filing with the SEC. The Houston-based healthcare company operates eight hospitals, surgery centers and tissue banks throughout Texas, according to its website. The company has raised $1.32 million so far through the sale […]
Array Health, a Seattle-based provider of technology for private health insurance exchanges, recently raised $9 million, according to a filing with the SEC. The company, led by CEO Jonathan Rickert, uses a cloud-based platform that lets health plans develop their own private online exchange, while also providing employers a means to control costs on benefits and […]
Medversant Technologies, a Los Angeles-based health IT company focused on streamlining administrative processes, is raising $10 million, according to a filing with the SEC. The company, which was founded in 1999 by attorney and healthcare entrepreneur Matthew Haddad, focuses on decreasing administrative waste for hospitals, managed care organizations, outpatient facilities, long-term care, home care and […]
South Carolina-based OB Hospitalist Group has raised a nearly $8.1 million line of equity, according to SEC documents. The group, which develops and manages 24-7, in-house OB/GYN hospitalist programs for a number of hospitals, has had more than 607,000 patient interactions that otherwise may not have been handled by a physician. It also says it […]
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.
It’s been almost five months since the U.S. Securities and Exchange Commission told startups they could publicly announce they were raising money. The move was trumpeted as a boon for young companies in need of capital to reach investors they didn’t already have a relationship with. But conversations with entrepreneurs and lawyers suggest the change […]
Though lots of venture capital for medtech has evaporated, Versant Ventures now seeks $250 million for its fifth medtech fund. The venture capital firm, which has strong presence in biotech and medtech, has a diverse California and Minnesota-based portfolio that includes medical device companies such as Respicardia, Zyga Technology and Autonomic Technologies. According to a […]
It’s a mixed bag of excitement and caution as startups prepare to finally be able to tell the world when they’re looking for investment money. The ability to advertise fundraising through social media, news articles or advertisements could open up new funding opportunities, but not everyone is expecting startups to come racing out of the […]
Stamford, Conn.-based AmbioHealth raised $525,000 in equity to close out its third angel round. The company will use the money to continue developing its remote health monitoring system and its compatible activity monitoring system, CEO and Co-Founder Kevin Jones said. The money will also go toward marketing and operational costs. Jones said the company aimed to […]
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.
Cardiva Medical, the Sunnyvale, Calif.-based company known for its vascular closure system, which received FDA approval in February, has raised nearly all of the $3.5 million it seeks, waiting on only $2,367 to close out the deal, according to the regulatory filing it made with the SEC July 29. The company could not be reached for […]
Avantis Medical Systems, Inc., the Sunnyvale, Calif. based creator of the Third Eye Retroscope–a device that adds an extra view to a colonoscope, has raised $3,048,468 of venture capital to further commercialize its flagship product in the U.S., make small improvements to the product, as well as using a “little bit” work toward earning […]
GI Dynamics, Inc., a Lexington, Mass.-based company known for its EndoBarrier Therapy, which it claims can reduce blood-sugar levels and offer weight-loss results in Type 2 Diabetes patients, has raised $34,755,000 in equity and CDIs, according to a regulatory filing it made with the SEC on July 22. The company still seeks $17,745,000, which […]
Dermelle, LLC (aka EternoGen, LLC), a Columbia, Missouri-based startup that works with collagen scaffolds for soft tissue therapeutic applications, has raised $920,427 to close its series A funding. This money will pay for the “full spectrum of safety tests” and pilot human studies to position the company for a regulatory clinical study in Europe and […]
Beacon Endoscopic Corp. has raised $1.2 million in debt financing from existing investors to fund commercial growth for its bnx™ fine needle aspiration for EUS in the US and abroad, company CEO and President Bill Densel said. Beacon made its regulatory filing to the SEC on July 22. The bnx™ system is “designed to reduce […]