HOLLAND — Shoulder Innovations Inc. closed on $2.5 million in a Series A equity funding round led by the Michigan Angel Fund of Ann Arbor. The additional capital will go to support new product development and to acquire inventory and assets needed to accelerate growth of the Inset platform for future products and systems now in development. “It is
ANN ARBOR - Genomenon announced today that they will donate Mastermind Genomic Search Engine licenses to the entire team of clinical scientists at Rare Genomics Institute to accelerate their work for patients with rare diseases. Rare Genomics Institute (RG) is a nonprofit organization that has been at the forefront of providing direct support to undiagnosed rare disease patients and
EAST LANSING - A new DNA tool created by Michigan State University can accurately predict people’s height, and more importantly, could potentially assess their risk for serious illnesses, such as heart disease and cancer. Stephen Hsu, Vice President for Research and Graduate Studies. For the first time, the tool, or algorithm, builds predictors for human
DETROIT –Henry Ford Health System and Wayne State University announced Friday the organizations have signed a letter of intent to expand their long-term partnership and bring the two Detroit anchor institutions even closer together. This new partnership will create a collaborative model focused on achieving the highest levels of excellence in patient care, a transformational
EAST LANSING - Michigan State University engineering researchers are working to create ‘synthetic biological-devices’ inside the cells of mammals that will enable new treatments for chronic and uncured diseases. A cross-disciplinary team of biomedical and electrical engineers will build biological circuits, oscillators, and toggle switches inside cells to respond to electromagnetic fields as a mean
ANN ARBOR - Fifth Eye Inc., a digital health predictive analytics company, has received a $2.36 million investment from Invest Michigan, Biosciences Research and Commercialization Center, and 33 private angel investors. Fifth Eye develops real-time predictive analytic patient data software to give doctors and nurses a heads up hours in advance about impending trouble ranging
ANN ARBOR - Genomic Data Search company Genomenon has been awarded a Phase 2 Small Business Innovation Research grant by the National Institutes of Health. The amount was not disclosed. The grant will be used to develop and apply machine learning and artificial intelligence algorithms to variant interpretation, the single biggest hurdle in scaling the
PORTAGE — Pfizer Inc. is the first manufacturer to take advantage of the Good Jobs for Michigan incentive program signed into law a year ago by Gov. Rick Snyder. The pharmaceutical giant said today it will invest $465 million into a two-story, 400,000-square-foot building at its Portage campus, which will serve as a sterile drug manufacturing facility.
GRAND RAPIDS – Carol Health, a mobile app-based, on-demand home health service, has joined Great Lakes Health Connect to provide nurses with access to Virtual Integrated Patient Record, a cloud-based system that stores and organizes the health information of over nine million patients. More than 200 organizations across the state contribute health information into the
KALAMAZOO - Vestaron Corp. seeks to raise $12 million in investments to enable the company to bring to market its environmentally friendly pesticide based on spider venom. Vestaron closed in late June on the first round of the capital raise, netting more than $4.2 million from five existing investors. The capital will go toward producing
