Jefferson University launches  $2M fund for hemp innovation and sustainability

$2 million gift from Australian philanthropist Barry Lambert will spur a new Jefferson Health initiative to promote innovation in the use of industrial hemp. The cannabis crop is on the cusp of a resurgence in the United States as federal restrictions have eased in recent years, paving the way for commercial cultivation for various industries. […]

Fragile X Treatment Under Development Gets $200K From Indiana Venture Fund

An Indiana University-affiliated venture fund has invested $200,000 in Confluence Pharmaceuticals to continue development of the company’s lead product for the treatment of fragile X syndrome. Along with AOP Orphan Pharmaceuticals, Confluence is developing a novel, clinically discovered adult and pediatric therapy for social and communication impairments related to fragile X and autism spectrum disorders. Based on the […]

Mayo Clinic selects digital health startups for accelerator program 

Minnesota-based health system Mayo Clinic selected six auspicious digital health startups for its MedTech Accelerator — a joint venture with Arizona State University for companies that raised at least$500,000 in seed funding rounds. Business Insider Intelligence The accelerator aids early stage medical device and healthcare tech startups raring to polish their products and bring them to commercial success. […]