Irish contract medical device designer to open Cleveland office
Contract medical device designer and manufacturer Creganna-Tactx Medical plans to open an office in a business incubator on Cleveland Clinic's campus.
Third Frontier renewal tops Ohio biomedical highlights in 2010
Most people in Ohio's biomedical industry would've considered 2010 a good year if just one key thing happened -- voters renewed the state's $1.35 billion, 10-year Third Frontier program, which is designed to energize Ohio’s economy by investing in cutting-edge technology. It happened and heads up MedCity News' list of the biggest highlights of the year for Ohio's biomedical industry.
Chris Coburn: Captain of the Cleveland Clinic Innovations crew
Chris Coburn is the captain of Cleveland Clinic Innovations, the corporate venturing arm of the Cleveland Clinic. The 53-year-old fitness enthusiast and his crew have an important job: nurturing inventions that emerge from several thousand scientists and doctors at the nation's top heart hospital, and guiding them through a years-long process to commercial viability, according to the Cleveland Plain Dealer.
Medical device outsourcing company Farm to open Cleveland office
Farm plans to staff the office with executives from its New Hampshire offices beginning next week, but eventually hopes to hire a dedicated Cleveland staff.
Cleveland Clinic-led cardiovascular technology incubator aims high
The Global Cardiovascular Innovation Center incubator building is beginning to fill up. The $19-million, 50,000-square-foot building on the southern edge of the Cleveland Clinic’s main campus opened quietly in April. The goal of the Ohio Third Frontier-backed incubator is to house and feed fledgling companies that are developing products and services to diagnose or treat […]
Cleveland Clinic Innovations starts next decade with 33 companies
Updated 4:36 p.m. Cleveland Clinic Innovations — the corporate venturing arm of the nation’s top heart hospital — is entering its second decade with a first-of-its-kind venture ranking, a brand-new incubator building and a growing portfolio of spin-out companies. Perhaps most impressive, those companies — 33 in all — have attracted more than $340 million […]
A Deep-dive Into Specialty Pharma
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
EarlySense gets FDA nod for improved patient-monitoring system
Updated 12:20 p.m., June 22, 2010. Israeli medical device company EarlySense Ltd., which recently closed a $13 million fundraising round, has received Food and Drug Administration (FDA) clearance to sell its EverOn Touch patient-monitoring system in the United States. The company based in Ramat Gan, Israel, also is pursuing European market clearance for the enhanced […]
Self-clearing chest tube PleuraFlow works better than passive tube
Updated 7:35 p.m. A pre-clinical evaluation of a self-clearing chest tube developed by Clear Catheter Systems Inc. has demonstrated the tube that clears itself works better to drain the chest after surgery than a passive tube of the same size. The Cleveland Clinic spin-off based in Cleveland and Bend, Ore., is applying for U.S. and […]
Global Cardiovascular Innovation Center Web site launches
Want to keep track of developments at the Global Cardiovascular Innovation Center in Cleveland? The center recently launched a Web site that is independent of the Cleveland Clinic, leader of the public/private consortium that is developing the center with the help of a $60 million grant from the Ohio Third Frontier program, among other support. […]
Sensible Medical Innovations Ltd. opening first U.S. office in Columbus, Ohio
Sensible Medical Innovations Ltd., an Israeli company developing a non-invasive device to monitor patients with congestive heart failure, is opening its first U.S. office in Columbus, Ohio, according to the Columbus Dispatch.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Collaboration seals the deal: NI Medical Ltd. coming to Akron
Israeli medical device maker NI Medical Ltd. will open an office in the Akron Global Business Accelerator, likely during the first half of the year, where it could employ up to 30 workers in four years. But wooing the maker of an innovative heart monitoring device was a group effort.
CardioInsight raises $5.7M for heart-mapping technology
CardioInsight Technologies Inc. has raised $5.7 million in an ongoing funding round to help commercialize its heart-mapping technology. The Cleveland company's electrocardiographic mapping technology could help diagnose and treat electrical abnormalities of the heart, such as heart failure and arrhythmia.
Coming to Northeast Ohio? Minnesota start-up ReQuisite Biomedical looking to attract funding for possible relocation
Armed with a $100,000 grant from Lorain County Community College's Innovation Fund, ReQuisite Biomedical would like to raise another $800,000 before relocating, said co-founder and Chief Executive John Foley.
Cleveland Clinic readies Global Cardiovascular Innovation Center for heart, vascular tenants
The Cleveland Clinic is looking for tenants to occupy the Global Cardiovascular Innovation Center it's building on the southern edge of its main campus. The $19 million project at East 101st Street and Cedar Road will host wet laboratories and offices, conference rooms and informal meeting areas, artwork and sophisticated teleconferencing and audio-visual technologies when it opens, likely in May.
Clear Catheter Systems wins TechnoCollege Innovation Award
Clear Catheter Systems Inc. has won the 2009 EACTS TechnoCollege Innovation Award for its investigational catheter tube-clearing system, PleuraFlow.