News Archive

A medical device developer has created a $10-million venture capital fund to support early stage health care companies.

Holland-based Genesis Innovation Group said today it established the privately funded cultivate(MD) Capital Fund I, LLC, which will focus on medical device and orthopedic technologies.

Avantor, Inc., a global supplier of ultra-high-purity materials for the life sciences and advanced technology industries, today announced the successful completion of its acquisition of VWR Corporation (NASDAQ: VWR), the leading global independent provider of product, supply chain, and service solutions to laboratory and production customers. VWR will operate as a wholly-owned subsidiary of Avantor. Michael Stubblefield, Chief Executive Officer of Avantor, will lead the combined company.

The American Angel, a new comprehensive national study released today, provides a detailed picture of angel investors, who they are, where they live, and how they make investment decisions. Key findings include:

Roche (SIX: RO, ROG; OTCQX: RHHBY) announced today the launch of the HyperCap Target Enrichment Portfolio, a streamlined and fully integrated NGS sample preparation.  HyperCap integrates KAPA DNA Library Prep with SeqCap EZ target enrichment portfolio, and is a further expansion of the HyperCap v1.0 workflow. 

Rita Colwell, a Distinguished University Professor in the University of Maryland Institute for Advanced Computer Studies (UMIACS), has been awarded the rank of Chevalier (Knight) in the Legion of Honor by decree of the President of the French Republic. Colwell was presented the Insignia of Chevalier de la Légion d’Honneur by Gérard Araud, Ambassador of France to the United States, in a ceremony on November 20 at the ambassador’s residence in Washington, D.C.

The National Science Foundation’s Small Business Innovation Research (SBIR) program- also known as America’s Seed Fund powered by NSF – provides small businesses with equity-free funding to conduct research and development (R&D) work. The funding is intended to allow recipients to bring innovative new products and services to market that drive the commercial success of the small business. The NSF SBIR program seeks innovative proposals that show promise of commercial and societal impact in almost all areas of science and technology.

Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it has acquired US-based start-up company Analytical Informatics, Inc., complementing its own innovation initiatives to expand its current offerings and accelerate the roadmap for Philips Radiology Solutions. Analytical Informatics’ products and capabilities, which include vendor-agnostic, advanced workflow tools and applications, strengthen Philips’ PerformanceBridge portfolio of operational performance solutions to optimize assets, uptime, utilization, practice, compliance and staff at the imaging department and enterprise levels. Financial details of the acquisition were not disclosed.

The stakes for research grant applications are high in today’s competitive funding environment. Yet applications are often submitted to external funding agencies before they pass any kind of internal review process. A new study from Columbia University’s School of Nursing suggests that institutions benefit from helping researchers write better grants. Specifically, it found that pilot grant applications that underwent an internal review were twice as likely as nonreviewed applications to receive funding.

emocha is bringing its work on opioid addiction treatment into the clinic.

Dallas-based Pathway Healthcare recently signed on to use the mobile health startup’s platform. Pathway operates a network of clinics, becoming the first private partner to use the technology. It comes as officials have called for an all-hands-on-deck approach to address the opioid crisis. A treatment center in Jackson, Tennessee, was the first to begin using the platform, according to the startup.