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Who are some of the billionaires investing in mobile health?

By News Archive

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Mark Cuban’s comments about personalized health may have turned a few heads but as one source soberly reminded us, he is not the first or the only billionaire investor in healthcare. Not by a long shot. Several people who have nine zeroes in their net worth have invested in the space. They’re motivated by emerging mobile health technology to help reduce healthcare costs and see it as playing a critical role in the future of healthcare technology. There are also philanthropic considerations to increase access to healthcare in underserved populations.

MhealthInsight reckons there are about 19 billionaire investors in mobile health, including Cuban. Here are some highlights from that list.

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MedImmune appoints immunologist as head of research – Washington Business Journal

By News Archive

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Gaithersburg-based biotech MedImmune has appointed Yong-Jun Liu, chief scientific officer of the Baylor Research Institute, as its new head of research.

The appointment puts Liu in a pivotal role, not just for MedImmune but also for its parent company, AstraZeneca, which is depending on its U.S.-based biologics arm to supply a pipeline of early-stage drug candidates.

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Student invention delivers better, safer heart shocks

By News Archive

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Johns Hopkins undergraduate students have invented a system to shock a dangerously irregular heart back into normal rhythm more safely and effectively.

The two-component system is designed both to expand a doctor’s options in routing electric current through the heart and to improve the application of pressure to the patient’s body to help treatment succeed.

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Kaiser Permanente

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www.kaiserpermanente.org

America’s leading nonprofit integrated health plan, Kaiser Permanente serves more than 9 million people from 37 hospitals and 588 medical office buildings in eight states and the District of Columbia. Focused on the health and well-being of our members and communities, the people of Kaiser Permanente continually elevate the state of health care with progressive products, services, and advancements.

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Deloitte

By Uncategorized

www.deloitte.com

“Deloitte” is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, tax, and related services to select clients. These firms are members of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”).

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Startup maryland

Startup Maryland Announces Great 8 Finalists for Pitch Across Maryland 2013

By News Archive

Startup maryland

The past month has seen a flurry of social engagement around the Pitch Across Maryland and the 160+ videos we amassed during the month-long tour around our great state of Maryland.

Our entrepreneurs and their supporters got the Vote Out for their ventures and the Three Fan Favorites were announced last week.

This week we have received the “envelope” with the distilled list of Eight (8) Finalists (a.k.a The Great 8) who have been selected to present again at TEDCO’s Entrepreneur Expo (www.innovate.md) on Monday, November 18.

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The 2013 Entrepreneur Expo – Hosted by TEDCO

By News Archive

Entrepreneur-Expo-logoMonday, November 18, 2013, BWI Airport Marriott

The 2013 Entrepreneur Expo  hosted by The Maryland Technology Development Corporation (TEDCO) brings together all of Maryland’s entrepreneurial resources from across the state into one place, at one time. This 3rd Annual Event is expected to draw 400+ of the region’s top entrepreneurs, small business executives, angel and venture capital investors, federal and state economic development officials, university leaders and legislators.

The theme for this year’s event is E2E: Entrepreneurs Inspiring Entrepreneurs and illustrates the focus on creating an environment where leading entrepreneurs can inspire the next generation of innovators, and where up-and-comers can make valuable connections to ideas, mentors and capital.

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Two venture capital firms picked to receive InvestMD funds – Baltimore Business Journal

By News Archive

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Two more venture capital firms have been selected to receive InvestMD funds that they will invest in local startup companies.

EnerTech Capital Partners will receive $10 million and Foundation Medical Partners will receive $7 million. As part of the state’s InvestMaryland program, the firms will use it to back local startup companies. After a startup exits, the state gets 100 percent of its principal investment and 80 percent of the proceeds from the exit. The venture firms can keep the remaining 20 percent of the proceeds.

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New Enterprise Associates Sets up Shop in Kendall Square – Xconomy

By News Archive

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New Enterprise Associates has had a hand in a number of Boston’s biotech startups over the years. But it wasn’t until now that the big VC firm officially put a physical footprint in the biotech cluster in Cambridge, MA.

NEA today is announcing that it has opened an office in Kendall Square. It’s on the third floor at 700 Tech Square in Cambridge, and will serve as a local home base for the VC firm and its healthcare partners, many of which serve on boards in the area. NEA already has offices in New York, California, Washington, D.C, Chicago, China, and India.

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