BioEnterprise & Client Companies In The News:
2005 News Archive
Click on a headline to read press coverage about BioEnterprise, Cleveland-region medical device, biotech, and health care software and service companies.
Additionally, BioEnterprise collects weekly information on health care venture investment and start-up activity across the Midwest and the country, and has assembled information on the regional health care industry sector. Click here to visit the BioEnterprise Reports Page .
Current News | 2006 | 2007 | 2008
2005
DecemberSurvey Says: Life Sciences VC Funding is Increasing in the Midwest
(www.bioperform.com)
Roscoe Medical sold to equity firm (Cleveland Plain Dealer)
Private Equity Firm Buys Roscoe Medical (Crain's Cleveland Business)
River Associates Investments Announces Purchase of Cleveland-based Medical Parts Provider Roscoe Medical (Company Press Release)
New Fund Targets Israeli Companies (Crain's Cleveland Business)
Clinic spinoffs gain momentum for '06 (Crain's Cleveland Business)
Mt. Sinai Supports BioEnterprise (Cleveland Plain Dealer)
Mt. Sinai Health Care Foundation Renews Two-Year Grant to BioEnterprise (Company Press Release)
Trustees Do Business With Clinic (Wall Street Journal)
Cuyahoga County economic development proposal contains some good ideas in need of powerful allies (Cleveland Plain Dealer)
NE Ohio investors chase Israeli ideas in bioscience (Cleveland Plain Dealer)
Startup senses a need for orthopedic detection device (Cleveland Plain Dealer)
MDG Medical Surpasses 30 Customer Sites (Company Press Release)
Imalux shifts focus to putting product into practice (Crain's Cleveland Business)
Case ranks 20th in tech transfer survey (Crain's Cleveland Business)
November
Investment Mission to Cleveland Includes Northumberland (Northumberland News)
Synapse Biomedical seeks early FDA nod (Cleveland Plain Dealer)
Northeast Ohio Matches Technology With Work Force (Expansion Management.com)
FDA OKs adult stem cell project (Cleveland Plain Dealer)
Midwest Healthcare Investment Outpaces National Growth (MX)
Molecular Profiling Institute a key force (The Arizona Republic)
A billon-dollar-a-year target for NE Ohio research centers (Cleveland Plain Dealer)
BioEnterprise Elects Mixon to Board Chairmanship (Company Press Release)
Imalux president is leaving Dec. 31 (Cleveland Plain Dealer)
FDA Okays Adult Stem Cell Project (Company Press Release)
Synapse Biomedical Raises $1.33 Million (Crain's Cleveland)
October
Ohio near top of Midwest in health-care startup funding
(Columbus Business First)
Biomec Invests in Clinic Spin-off (Cleveland Plain Dealer)
Cleveland Clinic Spin-Off IntElect Medical Receives $3 Million Investment (Company Press Release)
IntElect Medical Announces $3 Million Series A Investment (Company Press Release)
The Rise and Rise of Orphan Drugs (Cleveland Plain Dealer)
Kansas Bioscience Authority May Soon be On the Lookout for Executive Director (The Lawrence Journal/Kansas)
Investing in Tech Firms is Urged; $300 Million Now would Seed Companies (Cleveland Plain Dealer)
New Money Targets Spirited Tech Start-ups (Crain's Cleveland Business)
Cleveland Clinic Names Chairman of CCF Innovations Physician Innovator to Chair Clinic's Tech Transfer Arm (Company Press Release)
September
Non-Profits Benefit from Knight Grants (Akron Beacon Journal)
Cleveland BioLabs gets NIH Grant (Cleveland Plain Dealer)
Survey: Medical Devices a Key Midwest Investment Magnet (Medical Device Daily)
Cleveland High on Health Care Investor Lists, Survey Says (Cleveland Plain Dealer)
Imalux Signs Hong Kong Distribution Agreement (Company Press Release)
Survey: Health Care Investors Identify Areas of Strength in Midwest: Medical Devices Seen as Regional Strength
Minneapolis, Cleveland, Pittsburgh & St. Louis Lead Region
(Note: Click Here to read the full
Midwest Venture Survey Report) (Company Press Release)
St. Louis' Reputation High Among Health Care Investors (St. Louis Business Journal)
Survey: VC Firms Value Midwest Biotech Investments (Minneapolis Business Journal)
Survey: Health Care Investors Identify Areas of Strength in Midwest (Genetic Engineering News)
Midwest Health Care Technology Luring Greater Investment Focus (Wisconsin Technology Network)
VC's Rate Pittsburgh Near Top of Health Care Investments (Pittsburgh Business Times)
August
Medical Picture Gets Clearer (Cleveland Plain Dealer)
Large Tenant Needed to Solidify Converting Spot into Tech Center (Cleveland Plain Dealer)
One Big Investment Buys Ohio No. 3 Spot (Crain's Cleveland Business)
Wisconsin Ranks Low in Mid-Year Health Care Capital Investment Report (Wisconsin Technology Network)
July
Deal Lifts Missouri Ranking for Health Care VC (Kansas City Business Journal)
Ohio Health Venture Raises $30 Million (Cleveland Plain Dealer)
MDG Medical Signs Partnership Agreement with National Cooperative of Health Networks (Company Press Release)
Minnesota, Ohio & Missouri Lead the Midwest in Second-Quarter 2005 Health Care Venture Investment (Company Press Release)
Indiana Sees Little Investment in Health Care Companies in Q2 (InsideIndianaBusiness.Com)
BCM Technologies President Named to Board of Bioscience Accelerator (Houston Business Journal)
BioEnterprise Adds Out-of-Towners to Board (Cleveland Plain Dealer)
BioEnterprise Adds Four to Board (Company Press Release)
Money Should Be Measuring Stick for Kansas Bioscience Effort (Kansas City Business Journal)
Looking for Bright Ideas: Regional Help for Startups and Young Firms (Lake County Business Journal)
June
Life Science Clusters Broaden (AreaDevelopment OnLine)
Two Simbionix Founders Leaving (Cleveland Plain Dealer)
Firm Enjoys Quiet Success (Cleveland Plain Dealer)
BioEnterprise Gets $2.75 Million from The Fund (CoolCleveland.com)
BioEnterprise Wins $2.75 Million Local Grant (Crain's Cleveland Business)
Cleveland Clinic Spin-Off Receives FDA Approval; New Start-Up to Market Test That Predicts Heart Attack Risk (Company Press Release)
Regional Bioscience Industry Receives $2.75 Million from Fund (Company Press Release)
May
Venture Capital Investment in Bioscience Nearly Doubles (Cleveland Plain Dealer)
Life Line Lands Major Cash Deal from Boston VC (Crain's Cleveland Business)
Vascular Biogenics Raises $15 Million (Globes OnLine)
With Help of Acero Assets, Xteric Launches Bioscience Research Unit (Crain's Cleveland Business)
UH Looks to Cultivate New Ideas (Crain's Cleveland Business)
Highly Efficient DNA Drug Delivery for Eye Diseases (Company Press Release)
Copernicus Receives Orphan Drug Designation for Treatment of Cystic Fibrosis (Company Press Release)
April
Bioscience Bottleneck (Crain's Cleveland Business)
Midwest Bioscience Investments Swell 53%: Minnesota and Ohio Lead the Way; BioEnterprise Issues Midwest Bioscience Capital Report: Q1 2005 (Cleveland Business News)
Midwest Bioscience Investments Swell 53%: Minnesota and Ohio Lead the Way; BioEnterprise Issues Midwest Bioscience Capital Report: Q1 2005 (Genetic Engineering News)
Midwest Bioscience Investments Swell 53%: Minnesota and Ohio Lead the Way (Company Press Release)
Minnesota leads Midwest in bioscience investment (Minneapolis Business Journal)
Biotechnology – Ohio bioscience boosts its capital (Cleveland Plain Dealer)
VCs like Ohio biotechs (Crain's Cleveland Business)
Just add scientists – Cleveland Clinic opens center to find and market genomic cures (Cleveland Plain Dealer)
Athersys closing in on human clinical trials – Company could get FDA approval for stem cell testing this year (Crain's Cleveland Business)
Israeli companies find success, challenges here (Cleveland Jewish News)
See future, and run with it (Akron Beacon Journal)
Let’s do that again – Kent firm’s R&D success with high-tech goggles may be model for region (Akron Beacon Journal)
March
MDG Medical Successfully Launches Hospital Efforts in Illinois and Texas (Company Press Release)
Cleveland Biolabs nabs VC dollars (Company Press Release)
The Business Journal – Cleveland woos two Twin Cities companies (MSNBC.com)
Investments in bioscience balloon (Crain’s Cleveland Business)
City is 27 the cheapest for bioscience (Cleveland Plain Dealer)
Cleve BioLabs nabs VC dollars (Crain's Cleveland Business)
Northeast Ohio teams eye high-tech dreams (Cleveland Plain Dealer)
Clinic spinoff firm attracts $5.9 million (Cleveland Plain Dealer)
Hyping up high-tech (CoolCleveland.com)
February
Gebauer branching out to make outside products (Cleveland Plain Dealer)
Movers & Shakers; On The Go – Carol Clark named vice president (Cleveland Plain Dealer)
Carol Clark to vice president (Crain’s Cleveland Business)
Bio-investment boom lifts Ohio profile (Cleveland Plain Dealer)
Investors funnel $18M to AxioMed (Crain’s Cleveland Business)
AxioMed Spine Corporation Secures $18 Million in Series B Financing (Company Press Release)
Making the Resume More Potent (WCPN, Public NewsRoom)
Simbionix lands deal to develop stent simulator (Crain’s Cleveland Business)
Abbott Enters Into Agreement with Cleveland Clinic, PrognostiX for Myeloperoxidase (MPO) Cardiac Test (Company Press Release)
Simbionix and eTrinsic Form Exclusive Partnership (Company Press Release)
January
Imalux Closes Funding Round (Crain's Cleveland Business)
City’s top tech dog (Crain’s Cleveland Business)
Practice makes perfect at Mt. Sinai Skill and Simulation Center – New facility poised to become model for the nation (Cleveland Jewish News)
Copernicus gains research funds (Crain’s Cleveland Business)
MDG Medical Signs Hospital Agreements for Five USA ServeRX Installations (Company Press Release)
Imalux Closes Series B Financing Round, Achieves Final FDA Clearance for Niris Imaging System (Company Press Release)