HealthTech

$35M federal grant to build up drug development in OK OKLAHOMA CITY, OK–The Oklahoma Biotech Innovation Cluster, a bio-tech, medical, and research coalition in Oklahoma City, is getting a $35…

Psych Hub raises $16M NASHVILLE, TN–Mental health education startup Psych Hub, which provides specialized training for mental health professionals, has raised $16 million in a funding round led by HC9…

Growing mouse embryos without eggs or sperm ANN ARBOR, MI–Research teams at the University of Michigan have grown mouse embryos without eggs or sperm, a major advance in helping scientists…

Digital Diagnostics closes on $75M funding round CORALVILLE, IA–Digital Diagnostics closed a $75 million Series B funding round, bringing its total amount raised to more than $130 million. The company’s…

Better knee surgery results DURHAM, NC–Knee pain is a common complaint among adults. When treatment with physical therapy and steroid injections fails, the usual next step is surgery. A Duke…

Cincinnati company Standard Bariatrics to be acquired CINCINNATI, OH–Teleflex announced it has entered into a definitive agreement to acquire Standard Bariatrics and its powered stapling technology for bariatric surgery. There…

Locusts as a diagnostic tool? EAST LANSING, MI–We’re not even sure how locusts became a tool in healthcare studies, but researchers at Michigan State University have demonstrated that the insects…

Funding for knee motion device FORT WAYNE, IN–Med tech startup Caevisus has received an undisclosed investment in a pre-seed round of funding to further develop a wearable device that uses…

New colorectal cancer imaging tool ST. LOUIS, MO–Screening for colon cancer relies on human visual inspection of tissue during a colonoscopy procedure but doesn’t detect and diagnose subsurface lesions. Researchers…

$40M invested in biotech startup PITTSBURGH, PA–Novasenta Inc., a startup biotechnology company focused on developing cancer therapies, has completed $40 million in Series A financing led by UPMC Enterprises, the…

UV light for Alzheimer’s disease ANN ARBOR, MI–A startup called JustLight has grown from cleaning laundry with UV light to inventing a revolutionary medical device meant to help people living…

‘Smart necklace’ could monitor health COLUMBUS, OH–A research team at The Ohio State University has fabricated a “smart necklace” that may one day be used to detect changes in a…

Funding for potential asthma drug PITTSBURGH, PA–Areteia Therapeutics, a clinical stage biotechnology company that’s developing the first potential oral drug for eosinophilic asthma, raised $350 million. Investors included Bain Capital…

Data science company closes on $9M in Series A funding MILWAUKEE, WI–Sift Healthcare, a data science company enabling increased patient payment and payer reimbursement for healthcare providers, announced the closing…

Renewed focus on using psychedelics to treat illness Fast Future COUNTRY–Throughout the world, renewed investigations are taking place on the use of psychedelic substances for treating illnesses such as addiction,…

University of Michigan to receive $2.38M to test tumor cell-killing drug ANN ARBOR, MI–A new medicine out of the University of Michigan uses a protein that can carry a tumor…

Drug to treat rare genetic liver disorder ST. LOUIS, MO–Researchers at Saint Louis University’s School of Medicine, in collaboration with Arrowhead Pharmaceuticals and Takeda Pharmaceuticals, have reported the first effective…

Cleveland Clinic spinout gets $33M CLEVELAND, OH–Biotech Centerline Biomedical announced the closing of a $33 million Series B equity financing. The round was led by Cleveland Clinic with participation by…

A research team at Northwestern University has developed a small, flexible implant that relieves pain on demand without the use of drugs.

Artio Medical has closed on a hefty $28 million fund.