TROY - Automation Alley has been awarded $45,000 from the Business Accelerator Fund to assist local tech startup Halley Orthopedics. Halley Orthopedics, recently named Startup of the Year at Automation Alley’s 15th Annual Awards Gala, is improving patient lives and helping transform the U.S. healthcare system with its X10 integrated recovery system for knee patients.
LANSING - Rising health care costs, due to medical errors, unnecessary treatments and an antiquated payment structure, is dragging down consumer spending in other areas, an ultimately hurting the economy, a report released by the Economic Alliance of Michigan said. Eventually, some way has to be found to control health care costs, said Bret Jackson,
DETROIT - New startup Akadeum Life Sciences closed a round of funding this month that brings them to a total of $1 Million in funding. The life sciences startup in Ann Arbor has found a unique way to improve diagnostics. “We improve life science research and diagnostics by capturing cells with microbubbles,” said Brandon McNaughton, Co-founder and
ANN ARBOR - Blaze Medical Devices has been awarded a $150,000 Phase I Small Business Innovation Research grant from the Food and Drug Administration, in collaboration with University of Michigan Health System Center for Circulatory Support. The focus of this grant is to study damage to patients’ red blood cells caused by left ventricular assist
LANSING – On Dec. 8, join Gov. Rick Snyder and leaders from the bio-industry, academia and policy institutes for a half-day conference that will look at ways Michigan can harness its biosciences R&D to its manufacturing prowess to stimulate economic growth. MichBio, the state’s life sciences trade association, has selected a powerful lineup of speakers
LANSING – MichBio's annual Biosciences Capitol Day Oct. 20 is the chance for members to showcase their innovative products, services, and discoveries at the Michigan State Capitol in Lansing. Members are invited to set up a display table in the Capitol's rotunda to catch the eyes and ears of Michigan legislators. The event takes place
DETROIT - Asterand Bioscience Inc., the Wayne State University TechTown research company, Tuesday announced the acquisition of AdeptBio LLC, a Memphis, Tenn.-based company that procures human tissue specimens. Terms were not announced. Said Peter Ferrigno, CCO of Asterand Bioscience: "Together, we will strengthen our partnership with the pharmaceutical and diagnostic community, providing unparalleled quality samples,
ANN ARBOR - Arboretum Ventures LLC is raising a new fund of $215 million, according to a form filed with the U.S. Securities and Exchange Commission, what would be the largest VC fund in Michigan, Crain's Detroit reported Thursday. The previous largest was the $180 million raised in 2013 by Farmington Hills-based Beringea LLC for
PLYMOUTH - Sandbox Industries, a Chicago-based venture capital firm, is interested in any company that is strategically relevant to health insurance within the healthcare IT and tech-enabled services space. Sandbox is interested in working with MichBio members in the following investment areas: Complex Care Management: New models to manage chronic disease patients and high cost
ANN ARBOR � The MichBio Job Bank has added three new positions all in Ann Arbor. Clinical Research Coordinator IClinSite, LLC - Ann Arbor, MI IClinSite is currently seeking a versatile, energetic and outgoing individual to serve as a clinical research coordinator at our site. The position entails implementing simple to moderately complex clinical trials
