This is the story of a doctor and his tablet. Frustrated with the way that computers-on-wheels got in the way of eye-to-eye contact with patients, Dr. Nick Patel went searching for a tablet. Like most physicians, the internal medicine doctor at Palmetto Health in Columbia, South Carolina, initially gravitated toward an iPad. But he found […]
Using DNA sequencing to help doctors and pharmaceutical companies personalize treatments for disease has netted a South Carolina startup a small seed round of capital. According to a recent SEC filing, Selah Genomics has raised at least $300,000 and could raise another $600,000 more. CEO Michael Bolick could not be reached by email to comment. […]
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.
South Carolina is joining the ranks of Massachusetts and New York in formalizing a partnership that could benefit local biomedical and health IT companies by allowing them to tap into scientific innovation happening in Israel, a nation rich with promising technology startups. Under the partnership, research entities in the state and the nation will support […]
Digital health entrepreneurs in the Southeast now have a new source of help for launching a company: The Iron Yard in Spartanburg, SC. The organization has already had one class of tech startups and now is expanding to digital health. It’s looking for 10 companies of two or more staff that are required to be […]
In Alabama, if you get your health insurance through your employer and you lose your job, you quickly realize there aren't a lot options for purchasing coverage on your own. Blue Cross and Blue Shield of Alabama has had a virtual monopoly in the state ...
Documentation takes a doctor’s time and attention away from the patient, and it also doesn’t capture what happens when the nurse or physician leaves the room. Filling those gaps and creating more thorough documentation that’s interoperable with EMRs is the idea behind Care Cam Innovations, which has just raised $10 million from 21 investors, according […]
This eBook, in collaboration with Care Logistics, details how hospitals and health systems can facilitate more effective decision-making by operationalizing elevated awareness.
Cell culture testing technology developed by KIYATEC aims to help drug developers find out in preclinical trials whether a drug candidate will work in humans. Now, the Clemson University spinout is looking to advance its work with new tests for cancer efficacy and liver toxicity. KIYATEC has closed on a series A round of financing […]
A Medical University of South Carolina (MUSC) spinoff researching a treatment for degenerative retinal conditions such as macular degeneration is closing in on a drug candidate that could slow vision loss or even restore some lost vision. MitoChem has received a $2 million financial commitment from the nonprofit Foundation Fighting Blindness to select the best […]
Molecular diagnostics technology developed by Cooperative Diagnostics has caught the eye of United Kingdom firm Lab21 Limited, which has signed an exclusive worldwide license to develop the technology into new personalized medicine tests. No financial terms between Lab21 and Greenwood, South Carolina-based Cooperative Diagnostics were disclosed. Cooperative Diagnostics has developed custom nucleic acid tests that […]
Biotechnology company Intrexon has launched a new fundraising round aimed at bringing in $50 million in new investment. The DNA technologies company has raised $17 million in equity financing in the effort so far, according to securities filings. Last year, Intrexon closed a $100 million series E round of financing to expand its genetics technology. […]
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.
Cancer care pathways company PathForward Oncology has named health insurance executive Brian Litten as the new company’s first CEO. Bluffton, South Carolina-based PathForward is a new joint venture formed by benefits management company CareCore National and D3 Oncology Solutions, an affiliate of UPMC Cancer Centers in Pittsburgh. A cancer care pathway is essentially a guideline […]
South Carolina biotechnology company Immunologix has been acquired by Virginia DNA technologies company Intrexon, which earlier this year raised $100 million in a series E round of fundraising. Charleston, South Carolina-based Immunologix has developed technology that transforms naive B lymphocytes into antibodies that can target a wide range of antigens including cancer, viruses, bacteria and […]
Glytec, a company whose technology helps diabetics monitor and manage their blood glucose levels, has raised $8.27 million in equity financing that the company will use to support growth in the United States and abroad, as well as for continued research and development. According to securities filings, the glycemic management systems company’s parent targeted the […]
South Carolina biotech company Immunologix has raised nearly $250,000 in a financing round targeting $1.1 million, according to securities filings. Charleston, South Carolina-based Immunologix has developed technology that produces human antibodies that can target bacteria, viruses and even cancer. The company is now raising money again after bringing in just over $1 million in equity […]
Electronic medical records may include video, if South Carolina startup CareCam Innovations has its way. The company wants to make video the standard way of recording and storing information for electronic medical records. CareCam is still in R&D, but has just landed a $200,000 investment that will help develop its technology.