Life Sciences News

Essential Medical Inc. Announces Closing on $14.9M Series B Funding

September 20, 2016

Essential Medical, Inc., a privately held medical device company addressing the rapidly growing large bore vascular closure market, announced today that it has completed a Series B financing of $14.9M. The round was led by Amzak Health along with original Series A investors including DSM Venturing, the venture investment arm of Royal DSM. Greg Walters, […]

RistCall replaces antiquated nurse call buttons with smart watch technology

September 20, 2016

Startup RistCall was founded August 2014 in Philadelphia, and recently completed Memphis Bioworks’ Zero to 510 medical device accelerator. Founder and CEO Srinath Vaddepally describes Ristcall as a game-changing technology, to disrupt the current nurse call button system found in hospitals and nursing homes. Ristcall has a software and a hardware component – – the […]

Greenphire Executives To Participate In INC Research And CISCRP’s ‘Inspiring Hope’ Ideathon

September 20, 2016

Greenphire, the global leader in clinical payment solutions, recently announced that it will participate in INC Research and CISCRP’s “Inspiring Hope” Ideathon, a competition designed to promote greater awareness of the importance of clinical trial participation in advancing public health. The ideathon is being held in Boston on September 27 – 28. According to CISCRP, […]

Morphotek Announces Sponsored Research Agreement With Fox Chase Cancer Center To Study Immunosuppressive Effects Of Tumor Shed Antigens To Improve Future Patient Therapies

September 13, 2016

Morphotek®, Inc., a subsidiary of Eisai Inc., announced today that it entered into a Sponsored Research Agreement (SRA) with Fox Chase Cancer Center (FCCC) to expand its research efforts into the immunosuppressive effects elicited by tumor shed antigens on the efficacy of immune-based therapies. The collaboration will utilize primary human organoid cultures derived from various […]

InstaMed Delivers Simpler, More Transparent Healthcare Payments Experience

June 6, 2016

InstaMed, healthcare’s most trusted payments network, announced today that it has released new enhancements that deliver next-generation healthcare payments solutions for providers, payers and consumers. Most notably, InstaMed has built on ten years of innovation with updates to its patented InstaMed Estimator solution, which allows providers to estimate patient responsibility, secure a payment method and […]

Solid growth, but more work ahead for Philly’s life sciences sector

May 19, 2016

After thorough examination, the results are in: Philadelphia’s health and life sciences scene is doing better than ever. This was the consensus of a group of key industry leaders during a Philly Tech Week 2016 presented by Comcast panel discussion in the Center City offices of the Public Health Management Corporation. Conveners, startups and major […]

Phila. med tech startup working on multimillion dollar government contract

May 19, 2016

In a recent job notice on its website, med tech startup Biomeme announced it’s working on a multimillion dollar contract with the U.S. government. Biomeme’s co-founder, Jesse van Westrienen, declined to elaborate further citing the deal’s ongoing negotiations, but such a partnership would be a big win for one of Philadelphia’s most promising startups, which […]

Montco firm targeting neurodegenerative diseases raises $1.6M

May 19, 2016

Pharmaceuticals said Wednesday it has completed a private stock sale that raised $1.6 million. Investors in the equity financing included Ben Franklin Technology Partners of Southeastern Pennsylvania. The proceeds from the financing will be used by the Radnor-based company to advance the development of its lead compound MP101, a neuro-protective agent. The money will also […]

The Biomeme System Turns Any iPhone Into A Mobile DNA Lab

April 28, 2016

Biomeme has developed a device that turns any iPhone into a mobile DNA lab to accurately perform tests to identify things like microbes, infectious contaminants, foodborne pathogens and genetic mutations. This innovation looks to change the way DNA analysis is conducted. “Everything got [sic] DNA that’s living, so the number of applications are endless,” Jesse […]

Record Number of Providers, Payers and Partners Gather at the InstaMed 2016 User Conference

March 24, 2016

InstaMed, healthcare’s most trusted payments network, announced today that it will welcome the largest gathering to date of providers, payers and partners at the InstaMed 2016 User Conference on April 5, 2016. The event will take place at The Franklin Institute, a renowned Philadelphia landmark. The InstaMed 2016 User Conference will focus on leveraging the […]