GRAND RAPIDS - Venture capital investments in Midwest health sciences companies ballooned during the first half of 2016, both in terms of deal flow and dollar value. Investors collectively put $1.04 billion into 218 deals involving Midwest-based health sciences companies between January and June, according to Cleveland-based BioEnterprise. That’s the largest amount and highest deal
ANN ARBOR - Enzo Life Sciences has introduced a new line of cancer-detecting reagents and diluents supplied in a ready-to-use format. These products are offered as higher sensitivity and lower background improvements upon our existing product lines: POLYVIEW PLUS Detection Reagents, for antibody-based detection; and SAVIEW PLUS Detection Reagents, for streptavidin-based detection. POLYVIEW® PLUS HRP
BRIGHTEN - Medical device maker FlexDex Surgical - a University of Michigan spin off - has signed a distribution agreement with Century Medical to distribute its surgical products throughout Japan. CMI specializes in high value added single use products like FlexDex instruments. “CMI is an exceptional partner with expertise in all aspects medical device regulations,
BRIGHTON - FlexDex Surgical has completed a $5 million Series B financing round that will be used to commercialize the company’s first product, fund development of a second-generation device and a create a catalogue of instruments for laparoscopic surgery. Financing was led by current investors and included the co-founders, board members, individual investors and distributors.
LANSING - Michigan's workers compensation changes aimed at reducing the prices paid for physician-dispensed prescriptions has largely been achieved, a study by the Workers Compensation Research Institute has shown, but the number of prescriptions dispensed is still more prevalent than expected. With data covering 15 months experience following the legal changes (Michigan's changes took effect
LANSING - In 2015, just 5 percent of Michigan residents reported not having health insurance, research from the Center for Healthcare Research and Transformation found. The findings, in a survey conducted from October to December 2015, showed a dramatic decline from the high of 14 percent of the population without coverage in 2012. The findings
ANN ARBOR - On June 15, advanced life science technology companies from Southeast Michigan will provide an eight-minute pitch outlining their products, their technology and their market opportunity. They will also detail recent accomplishments such as; FDA submissions, technical accomplishments, and manufacturing milestones. After each company has presented, we will have a question and answer
ANN ARBOR - Michigan's biosciences industry saw significant gains according to a new report with some 44,277 jobs, a gain of almost 2,400 since the last findings in 2014. The report, TEConomy/BIO The Value of Bioscience Innovation in Growing Jobs and Improving Quality of Life 2016 Report was released Tuesday during the annual BIO International
ANN ARBOR - Michigan’s agricultural economy could soon feel the sweeping ramifications of a law passed by Vermont if the U.S. Senate fails to act to prevent this small Northeastern state’s mandatory, on-package GMO labeling law from taking effect. In the absence of action, the federal government will essentially cede control of national food labeling
TROY - Aimattech Consulting is supporting The Detroit Chinese Business Association along with Oakland County’s Medical Main Street initiative in hosting the highest level governmental delegation from Taizhou China Medical City on May 20. During the conference, DCBA will have a China FDA official to interpret Chinese drug application policy and the latest trends, to
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