Tech incubator for health-care start-ups proposed for Freeport Hospital
Dr. Doug Dittmer steps into an old, empty building on the grounds of Freeport Health Centre as he talks about a new incubator for start-ups working on medical-related technology. Dittmer wants the incubator to be established at Freeport, and he’s pitching the idea to William Charnetski, the Ministry of Health’s chief innovation strategist. Charnetski oversees […]
Philadelphia College of Medicine starts $5M venture fund
The money for the Primary Care Innovation Fund came from the school’s foundation, PCOM said. The fund will consider investing in companies nationwide, but will concentrate on the Philadelphia region and on the Atlanta region, where PCOM has a branch campus. Dean Miller, CEO of the Philadelphia Alliance for Capital & Technologies and a partner […]
OSF HealthCare launches $75M fund to invest in health technology
The Peoria-based health system is the parent of Rockford’s OSF Saint Anthony Medical Center. In February, the health system activated OSF Ventures, a $75 million fund that invests in companies intent on developing medical technologies and applications to improve patient outcomes or reduce health care costs. Pulse Therapeutics, the St. Louis company, has developed a […]
New $3M University of Michigan fund launched to accelerate engineering, medical translational research products
The University of Michigan has launched the Monroe-Brown Seed Fund, a new funding vehicle designed to advance the process of transitioning commercially viable engineering and medical research projects to market. The fund, approved today by the U-M Board of Regents, is a collaboration between the U-M College of Engineering’s Center for Entrepreneurship and the U-M […]
Peoria’s OSF hospitals launch $75 million VC fund
A hospital run by a small group of nuns in Peoria probably isn’t the first place you’d look for the cutting edge. But OSF Healthcare, which runs 11 hospitals across the state, is one of a few dozen hospitals nationwide directly investing in startups. Some of the more well-known hospitals with venture funds include […]
URMC startup lands $5M in funding
A University of Rochester Medical Center startup that makes biosensors has landed millions in funding from outside of New York. Adarza BioSystems of West Henrietta has gathered $5 million in venture capital. Adarza will use the money to expand its manufacturing facility in St. Peters, Missouri, launch its first product and further development a second product. The $5 […]
Partners expands life sciences innovation fund to $100M
Partners HealthCare is expanding its Innovation Fund from $35 million to $100 million, the Massachusetts health system announced today at the J.P. Morgan Healthcare Conference.The fund, which was launched as an experiment in 2007 with funding from Brigham & Women’s Hospital and Massachusetts General Hospital, provides startup capital to early stage life sciences companies. To date, it has […]
University of Dayton, Wright State Research Institute, and Dayton hospitals funded a startup company to commercialize technology
The major hospitals in Dayton are banding together to fund a company that will help commercialize health care technology. The 28 hospitals of the Greater Dayton Area Hospital Association are partnering with Cincinnati-based design firm Kaleidoscope Inc. to launch a business that will focus on commercializing health care technology from the hospitals, the Air Force […]