Quantitative Radiology Solutions (QRS) was awarded a second STTR grant from the National Cancer Institute (NCI) for development of software for automated PET/CT interpretation and reporting. This grant will allow the company to extend the application of its Automatic Anatomy Recognition (AAR) software to automated disease burden estimation and standardized reporting on PET/CT images. “I […]
During the height of the Covid-19 pandemic in Philadelphia, tech entrepreneur Dr. Subha Airan-Javiaspent weeks taking care of recovering Covid-19 patients at a local long-term acute care facility. Not only did she and her fellow clinicians rely on the product she created, in-patient workflow management app TrekIT Health, she was also busy raising a $1 […]
Since the beginning of the pandemic, Bainbridge Health has been closely monitoring network data to identify trends in the utilization of neuromuscular blockers, vasoactive agents, and sedatives. Through the analysis of smart infusion pump data and drug preparation data, the company has been assisting its network hospitals in surfacing drug waste and determining optimal formulations […]
Roundtrip, the leading digital transportation marketplace for better health outcomes, announced the completion of a $4 million capital raise earlier this morning bringing its total amount of financing to $10.5 million. Motley Fool Ventures and ZOLL® Medical Corporation each participated, with Motley Fool Ventures as lead. UH Ventures, the innovation and commercialization division of University […]
A handful of Philly-area companies across industries like biosciences and and information sciences have announced some fundraising in the past two months ranging from a few hundred thousands dollars up to $45 million. In late May, Palvella Therapeutics, a Wayne-based biopharmaceutical company focused on genetic diseases, announced that it had raised $45 million in Series […]
Connected healthcare company Accolade, with headquarters in Plymouth Meeting and Seattle, set terms this week for its IPO, GeekWire first reported. Founded in 2007, Accolade could be the first company in both regions to go public in 2020. The process started back in February, when it announced it had filed its S-1 form. Accolade helps […]
A Philadelphia-based tech company is joining with the University of Pennsylvania, Lyft and a California health system to test out a thesis — affordable and reliable transportation can make it easier for patients to recover from opioid addictions. Roundtrip, based in Old City, makes a platform that helps health care providers coordinate patient transportation, anything […]
Looking to the opioid use disorder space the National Institutes of Health has given Roundtrip, a software platform for organizing medical transport, a $252,000 Small Business Innovation Research (SBIR) Phase I grant in order to look at the impact of transportation on OUD treatment. Specifically, the study will be zeroing in on appointment show-rates and […]
Since ROAR for Good’s founding in 2014, the wearable safety device company has been through a few changes. CEO Yasmine Mustafa first founded the company with the Athena, a personal safety device for women who wanted a way to alert emergency contacts when they feel unsafe. At the end of 2019, the company discontinued the […]
With the COVID-19 crisis disrupting the entire world, the need for rapid innovation in healthcare has never been clearer. But beyond this terrible virus, there remain many afflictions that impact the weakest and most disadvantaged population the most, due to a lack of funding for accessible and affordable treatments. Tammi Jantzen is a lifelong finance […]