Baltimore health IT startup Avhana Health has raised $750,000 to put toward continued development of its electronic medical record improvement software.
Investors in the seed round included SR One Limited, Boston Millennia Partners Founders Fund, TEDCO and DreamIt Ventures. Angel networks, such as Wilmington Investor Network and individual angel investors, also contributed.
Pieris Pharmaceuticals, Inc. (NASDAQ: PIRS), a biotechnology company advancing its proprietary Anticalin® biotherapeutic technologies, today announced the pricing of a public offering of 9,090,909 shares of its common stock at a public offering price of $2.75 per share. All shares of common stock are being offered by the company. In addition, Pieris has granted the underwriters a 30-day option to purchase up to an additional 1,363,636 shares of common stock at the same price to cover any over-allotments.
MedStar Health, the largest not-for-profit health system in Maryland and the Washington, D.C. region, has become the newest Founding Member of Project Catalyst|The Power of We. The program gives developers of popular and emerging products insight into how Americans 50-plus use technology, in order to identify ways to improve the devices for mature consumers. By aligning with the country’s preeminent advocacy organization for older Americans, MedStar will help spur innovation in new and emerging digital technologies, products and experiences that can improve the lives of the rapidly growing 50-plus population.
Acting CMS Administrator Andy Slavitt announced the Centers for Medicare and Medicaid Services will be opening access to its voluminous federal healthcare data stores to entrepreneurs and other private-sector innovators – a move designed to spur innovation and effect transformation of healthcare. The new policy comes as part of the Administration’s “commitment to use of data and information to drive transformation of the healthcare delivery system.”
Slavitt made the announcement at Datapalooza, saying, “Today’s announcement is aimed directly at shaking up healthcare innovation and setting a new standard for data transparency. We expect a stream of new tools for beneficiaries and care providers that improve care and personalize decision-making.
The sun is just beginning to rise as Robyn Stoller sits busily typing at her computer. A steaming mug of coffee rests next to her, while she quickly and methodically scrolls through he hundreds of emails waiting for a reply. Though dawn is just beginning to break, Stoller has already been at work for hours; fielding press inquiries, drafting blog posts and responding to heartfelt messages from cancer patients and their families. Running her nonprofit, CancerHawk, is constant work, but for Stoller it’s all part of her journey. A journey that, despite its tragic nature, has projected her life into a single mission – to connect cancer patients to the critical resources and information they need.
Millennials now make up a larger part of the population than boomers, according to the latest Census Bureau data.
People who were born between 1982 and 2000, classified as millennials, now make up more than one quarter of the population, at 83.1 million. This is compared with the 75.4 million baby boomers, generally defined as being born between 1946 and 1964.
According to one survey, the average amount of time that some employees spend on personal activities at work is somewhere between 1.5 and three hours a day. With that in mind, it’s no wonder that employers are more concerned than ever about productivity statistics. Nowadays, with technology that allow employers quantify output more closely, it’s no longer the status quo just to show up to work. Managers want employees who are engaged.
In a new global survey, the U.S. and China are tied for having the most-engaged employees—engagement being measured by how much employees believed in their work’s purpose and in their own company’s future.
The corridor between NYC and Washington DC is rich in life science talent, technical know-how and business development expertise. Although many regions throughout the country vie to attract talent and capital, the unique ecosystems that exist in the east coast’s major metropolitan cities, including Washington DC, New York, and Boston, mean that health tech founders can immediately access resources and build the strategic partnerships to support their rapid growth.
This event will focus on New York City and Washington, DC, two key areas offering a number of advantages for health tech founders. The event will be an opportunity to learn from people leading region-wide initiatives in NYC and Washington DC as well as network with peers building health technology startups. Come join us to learn more about unique opportunities and funding in the NYC and DC regions focused on supporting the transformation of healthcare.
Grotech Ventures is aiming to raise $200 million for its next fund, called Grotech Ventures III, according to an SEC filing. The Vienna firm is one of the most active venture capital investors in the area, along with firms like Revolution LLC, Columbia Capital and New Enterprise Associates. Here’s a quick look at some of its more notable investments:
More than 140 Maryland companies, organizations participated in this year’s global life sciences gathering in Philadelphia
The Maryland Department of Business and Economic Development (DBED) will be partnering with the Tech Council of Maryland (TCM) to promote the state’s life sciences industry at the 2016 BIO International Convention, June 6-9, 2016 in San Francisco. For nearly a decade, Maryland has had a significant presence at the convention, which is the largest worldwide gathering of the bioscience industry that attracts more than 15,000 attendees from 60 countries. DBED and TCM will partner on the state’s BioMaryland Pavilion, which features both Maryland companies and industry organizations, and work together to highlight Maryland companies at the convention.
