BioEnterprise & Client Companies In The News:
2007 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 | 2005 | 2006 | 2008
2007
December
US market serving as magnet for Israeli companies (International Herald Tribune)
Local institutions get state grants (Crain's Cleveland)
Affymetrix to Acquire USB Corporation (Company Press Release)
RiverVest Venture Partners announces opening of Cleveland, OH office and hiring of Karen Spilizewski as Vice President (Company Press Release)
Tech firm Zin wins $1.3M NASA award (Crain's Cleveland)
Site allows docs to chat, compare notes via the web (Crain's Cleveland)
November
Arteriocyte awarded $800,000 for Cellular Therapy for Battlefield Wounds project as part of Department of Defense Fiscal Year 2008 Budget (Company Press Release)
Syncro Medical Innovations to Receive $500,000 for Advancement of Battlefield Technology (Company Press Release)
Pittsburgh VC Opens Cleveland Office (Company Press Release)
Medtronic Inc., Arteriocyte Medical Systems of Cleveland strike deal (Cleveland Plain Dealer)
Ganeden Biotech snags $12 million investment (Cleveland Plain Dealer)
Thanks, Bob (Crain's Cleveland)
Imalux awarded $2.3 million research grant (Company Press Release)
Editorial: Venture capital investments show strength, underscore promise (Cleveland Plain Dealer)
October
Midwest healthcare startups raise record $1 billion through 3Q07 (Medical Device Daily)
Ohio's medical startups get healthy dose of cash (Akron Beacon Journal)
3Q Midwest Health Care Startups Attract Record $1 Billion (MITechNews.com)
Ohio leads Midwest in health care investments with $261 million (Cleveland Plain Dealer)
Early-stage activity is a good sign for Wisconsin's economy (Wisconsin Technology Network)
Midwest Health Care Startups Attract Record-breaking $1 Billion in Venture Investments through Third Quarter of 2007 (WisBusiness.com)
Venture capital triples at health care star-ups (Milwaukee Journal Sentinel)
Investment in health care startups continues growth (The Business Journal of Milwaukee)
Biotech investment slows in third quarter (Crain's Cleveland)
Report: Midwestern health care startups have received $1B in venture money this year (Pittsburgh Business Times)
Cleveland stem-cell developer Arteriocyte gets $10 million investment (Cleveland Plain Dealer)
Arteriocyte joins in forming new company (Crain's Cleveland Business)
Arteriocyte Medical Systems raises $10M from DW Healthcare Partners (Businesswire)
Franklin & Seidelmann Enters Full-Service Teleradiology Market with Acquisition of Apex Radiology (Company Press Release)
The Power Pack (Crain's Cleveland)
More states becoming major players in med-tech and life sciences (Medical Device Daily)
New way to invest in startups (Akron Beacon Journal)
Foundations get behind venture capital fund (Cleveland Plain Dealer)
Medical device company looks to a bright future (Youngstown Vindicator)
UCLA's Department of Psychiatry and Biobehavioral Sciences Partners with Within3 (Company Press Release)
TechLift offers lift (Akron Beacon Journal)
NIH Awards $310,000 Grant to Arteriocyte and Cleveland Clinic for Eye Disease Research (Genetic Engineering News)
Leaders envision 'Tech Belt' connecting region to Cleveland (Pittsburgh Post Gazette)
Movers, planners see 'tech belt' passing through area (Tribune Chronicle)
Tech belt seen for Cleveland, Pittsburgh (Akron Beacon Journal)
Leaders look to polish Rust Belt (Youngstown Vindicator)
Political forum maps out Tech Belt concept (Pittsburgh Tribune-Review)
Group wants to turn area into a "Tech Belt" (Youngstown Vindicator)
September
Imalux Closes Series C Funding Round (Company Press Release)
Two congressmen to hold tech forum (Youngstown Vindicator)
Case Western Reserve University Medical School To Join the Within3 Online Community (PR Newswire Association)
August
Medical momentum: Many manufacturers prosper by providing health care devices (Crain's Cleveland Business)
Assets align (Crain's Cleveland Business)
Solon's MemberHealth fastest growing U.S. company (Cleveland Plain Dealer)
ElectroSonics Medical gets $3 million NIH grant (Cleveland Plain Dealer)
Solon biotech firm headed to Midtown (Crain's Cleveland Business)
Midwest VC investing way up for life sciences (Michigan LIVE)
Biomec spinoff gets $3 million grant (Crain's Cleveland Business)
Six new products lift firm's posture (Akron Beacon Journal)
ChanTest gets Mass. investment (Cleveland Plain Dealer)
Theken cleared to sell implant (Cleveland Plain Dealer)
ChanTest gets equity financing (Crain's Cleveland Business)
Bridge invests in tumor locator (Cleveland Plain Dealer)
New York City in the hunt for a Medical Mart too (WKYC TV)
July
Hyland Software deal could drum up more investments (Crain's Cleveland Business)
Athersys starts clinical trials for obesity treatment (Crain's Cleveland Business)
3 firms land $63.4 million in investments (Crain's Detroit Business)
Ohio attracting more biotech VC (Columbus Business First)
Cleveland Clinic spin-off raises $1.5 million (Cleveland Plain Dealer)
Investments in Midwest health care startups double (Cincinnati Business Courier)
Ohio sees surge of capital investments in health care startups, but Columbus lags (The Daily Reporter)
Midwest Health Care Startups Raise $726 Million in 2007 - Close to 2006 Total (MITECHNEWS.COM/MICHBIO)
New center will support biomedical business growth (Rochester Business Journal)
Ohio takes lead in Midwest's private health care investments; State bumps Minnesota, lures $244 million in equity (Cleveland Plain Dealer)
Investments in Midwest Startups Reach New Heights (Med Tech Sentinel)
Ohio draws health-care investments (Akron Beacon Journal)
Investments in health care startups double from last year (Milwaukee & Cincinnati Business Courier)
Northeast Ohio gets big venture dollars (Crain's Cleveland Business)
A Medical Mart would strengthen Cleveland (Cleveland Plain Dealer)
Morgan Foundation distributes 2007 funds to help free enterprise (Akron Beacon Journal)
Morgan Foundation makes free enterprise grants (Cleveland Plain Dealer)
Morgan Foundation issues $1.1 million in grants (Crain's Cleveland Business)
Run Faster (Crain's Cleveland Business)
And just think - there's still six months to go in '07 (Crain's Cleveland Business)
June
Five Minutes with Baiju Shah (Pittsburgh Business Times)
Health jobs grow as factories slow (Cleveland Plain Dealer)
Medical Mart: Can it work in Cleveland? (Cleveland Plain Dealer)
Global Health Care Investing Conference in Cleveland (WCPN Radio)
Rainbow joins effort focused on improving pediatric care (Crain's Cleveland Business)
Backbone of prosperity (Akron Beacon Journal)
Workflow.com raises $2.5 million (Crain's Cleveland Business)
Cross State Connections (Venture Midwest)
Bioscience field expanding (Akron Beacon Journal)
Health care event draws global interest (Crain's Cleveland Business)
Research foundations offer critical initial funds (Crain's Cleveland Business)
Radiology firm reaps $25 million investment (Crain's Cleveland Business)
Franklin & Seidelmann announces $25 million investment from Oak Investment Partners (Company press release)
Visions: Broderick says Wisconsin should be in top third in venture capital (Wisconsin Technology Network)
Filling the high-tech skills gap (Cleveland Plain Dealer)
Merger deal lets Athersys go public (Cleveland Plain Dealer)
IntElect Medical secures money to expand clinical trials (Cleveland Plain Dealer)
IntElect Medical Announces $7 Million Series B Investment from Boston Scientific & Greatbatch (Company Press Release)
Athersys Raises $65 Million in Concurrent Reverse Merger & Private Equity Offering (Company Press Release)
Athersys goes public via reverse merger (Crain's Cleveland Business)
Cleveland Clinic spinoff secures investment (Crain's Cleveland Business)
Copley firm set to ease the pain of diagnosing chronic back discomfort (Akron Beacon Journal)
SpineMatrix raises $8 million, led by Psilos Group of New York (Crain's Cleveland Business)
Event promotes global health care (Akron Beacon Journal)
May
Trade Mission Focuses on India (Cleveland dBusiness)
Grants to help economy (Akron Beacon Journal)
Alphaport, OrthoHelix get state help (Cleveland Plain Dealer)
Ohio coming out ahead in clinical trial research (Akron Beacon Journal)
The "fast food" of health care (Cleveland Plain Dealer)
NE Ohio serious about foreign trade (Cleveland Plain Dealer)
Sowing the seeds of wealth (Cleveland Plain Dealer)
Biotech firms lured by Ohio's rich incentives (Minneapolis/St. Paul Business Journal)
Surgical tool maker sets its sights on global growth (Crain's Cleveland Business)
Biosciences bosses break bread with Hungary (Crain's Cleveland Business)
AxioMed HQ will house production backbone (Crain's Cleveland Business)
AxioMed expanding operations in Ohio (Cleveland Plain Dealer)
Biotech eyes linking Cleveland, Pittsburgh (Pittsburgh Post Gazette)
Help-wanted signs point to high-tech (Akron Beacon Journal)
Case study in tech transfer (Cleveland Plain Dealer)
Region on par with peers for invention disclosures (Crain's Cleveland Business)
Israeli medical firm to set up shop locally (Cleveland Plain Dealer)
N.Y. insurer buys Solon's MemberHealth (Cleveland Plain Dealer)
April
Workflow Gets $1.5 Million from State of Ohio (Ohio Department of Development Release)
Med firms raise outside dough (Crain's Cleveland Business)
Investment in Midwest health care startups doubles (Cleveland Plain Dealer)
A boost to region's economy: One-stop web site for all high tech jobs (WKYC TV)
Between the lines: Booming Biotech (WKYC TV)
ISO: Tech Geeks (Cleveland Plain Dealer)
Hygenic Corp. changes hands (Crain's Cleveland Business)
NY equity firm claims majority of Edgepark, sibling suppliers (Crain's Cleveland Business)
NE Ohio biotech investment soars (Crain's Cleveland Business)
An Editorial Cartoon from Crain's Cleveland Business
A boost to the region's economy: One-stop web site for tech jobs (WKYC TV3)
Pittsburgh Innovates (Pop City Pittsburgh)
Biotech groups to promote Cleveland-Pittsburgh corridor (Crain's Cleveland Business)
Our ally, Pittsburgh (Cleveland Plain Dealer)
Cleveburgh (Crain's Cleveland Business)
Partssource relocating to Aurora (Cleveland Plain Dealer)
NorTech jobs site open for high-tech (Cleveland Plain Dealer)
Local Leaders to Meet on Bio-Medical Industry (WCPN Radio)
Fingerhut Wants Change in University Operation (WCPN Radio)
Israel Healthcare IT Mission to Ohio (The Israel Export & International Cooperation Institute)
Connecting bioscience communities: Cleveland area and Pittsburgh developers agree to work together (Cleveland Plain Dealer)
Pittsburgh, Cleveland as a team? (Akron Beacon Journal)
Regional tech belt proposed (Warren Tribune Chronicle)
Pittsburgh, Cleveland talking (Pittsburgh Post-Gazette)
Area, Cleveland science groups to cooperate (Pittsburgh Tribune-Review)
Life Sciences Greenhouse to collaborate with Cleveland counterpart (Pittsburgh Business Times)
Greenhouse May Team Up (Pittsburgh Tribune-Review)
Sutton applauds "Tech Belt" initiative (Company Press Release)
First Step to "Tech Belt" (Youngstown Vindicator)
Bio-Science Collaboration with Pittsburgh Announced (WCPN Radio MP3 File)
Altmire applauds regional partnership by Pittsburgh Life Sciences Greenhouse and BioEnterprise (Company Press Release)
Cleveland’s BioEnterprise collaborating with Pittsburgh’s Life Sciences Greenhouse (www.brewedfreshdaily.com)
Action Now (Crain's Cleveland Business)
March
High-tech jobs go beggin in Northeast Ohio (Cleveland Plain Dealer)
Time's running out: Regional leaders are about to unveil broad goals for NE Ohio's future; making them reality is crucial (Cleveland Plain Dealer)
Cleveland BioLabs gets Pentagon grant (Cleveland Plain Dealer)
Case Western and Cleveland Clinic are tops in licensing (Cleveland Plain Dealer)
Leaders seeking to cash in on nano business (Akron Beacon Journal)
Mayfield Heights Sears Dental operator sold (Cleveland Plain Dealer)
N.Y. firm to buy Biomec assets; Greatbatch expected to keep building, operations (Cleveland Plain Dealer)
Cleveland Biolabs closes private placement (Crain's Cleveland Business)
Cleveland BioLabs raises $30 million (Cleveland Plain Dealer)
Reports: Medtech Venture Investment Soars in 2006 (MX Magazine)
BioEnterprise draws funds for Midwest healthcare startups (IndUS Business Journal)
Ricerca looking to its new plan with restructuring (Cleveland Plain Dealer)
Ricera completes restructuring (Cleveland Plain Dealer)
Regional tack appeals to young Jewish funders (Cleveland Jewish News)
Clinic invests in remote monitoring (Cleveland Plain Dealer)
Another Theken firm in Akron (Cleveland Plain Dealer)
Projected growth gives mobile screening company shot of life (Crain's Cleveland Business)
Playing with fire: How Chuck Halberg grew MemberHealth by $1 billion in one year by mastering the challenges of red-hot growth (SmartBusiness Cleveland)
Medical firm's seed money: JumpStart backs company doing remote diagnostic image reading (Cleveland Plain Dealer)
Taking a chance on entrepreneurs (Cleveland Jewish News)
Schools tackle technology (Kansas City Star)
February
Lexi-Comp, In. and GE Healthcare Partner for One-Click Drug Information (Company Press Release)
Cleveland Doctors Use Stem Cells to Fight Heart Disease (NewsNet 5)
BioEnterprise unites Northeast Ohio with the world (Cleveland Business Connects)
Event-planning at BioEnterprise: A Global Affair (Cleveland Business Connects)
Technology to go: The CCF Innovations unit at the Cleveland Clinic turns medical ideas into businesses (Cleveland Plain Dealer)
Get Healthy -- Or Else: Inside One Company's All-Out Attack on Medical Costs (Business Week)
Copernicus to Receive Increased Support from Cystic Fibrosis Foundation Therapeutics to Further Development of its Non-Viral Gene Therapy for Cystic Fibrosis (Company Press Release)
Copernicus secures large commitment (Crain's Cleveland Business)
Venturing Close to Home Editorial (Cleveland Plain Dealer)
Venture Philanthropy Targets A Cure: Cleveland firm working on cystic fibrosis gets money (Cleveland Plain Dealer)
$500 million invested in Northeast Ohio starts (Cleveland Plain Dealer)
Region wooing venture capital (Akron Beacon Journal)
Vision for the future: Cleveland's Imalux develops medical imaging system (Cleveland Plain Dealer)
Doyle: Fund Venture Center (Wisconsin State Journal)
Editorial: Renew angel tax credit (Milwaukee Journal Sentinel)
Sowing seeds for state's growth: Venture Center could draw dollars, attention (Milwaukee Journal Sentinel)
Doyle backs funds for Venture Center (Capital Times, Madison Wisconsin)
Path to market for Akron General physicians now easier (Crain's Cleveland Business)
Simbionix concludes a $3 million equity round to finance revolutionary products (Company Press Release)
Simbionix gets more financing for surgery simulator (Cleveland Plain Dealer)
Simbionix Raises $3 Million Investment (Crain's Cleveland Business)
Biotech VC investing picked up in '06 (Michigan Live)
January
Ohio's Health Care Start-Ups - Windows Media File (Ohio News Network)
Bridge Fund Invests in EarlySense's $4.8 Million Series B Round (Cleveland Plain Dealer)
Cleveland Biotech Venture Dollars Climb (WCPN Radio)
Kansas BioEnterprise to mirror local operation (Crain's Cleveland Business)
Innovation at Akron General: Hospital venture aims to develop new products (Akron Beacon Journal)
Study: Indiana Ranks in Health Care Startup Investment (InsideIndianaBusiness.com)
Midwest hotter for healthcare investments (Wisconsin Technology Network)
Venture Capital Investments in Startups Rise (Pittsburgh Business Times)
Report: Ohio No. 3 in Midwest for healthcare startup investments (Business First of Columbus)
Ohio third in region for buiomedical venture funding (Cincinnati Business Courier)
Venture dollars drop for local biotechs (Crain's Cleveland Business)
Devices top Midwest financing of startups for record year (Medical Device Daily)
Midwest Health Care Startups Raise $792 Million in 2006
Investments up 25 percent from 2005; Minnesota, Michigan & Ohio Lead States (Company Press Release)
Synapse expands business in Oberlin; Biomedical Firm Lands $4M in Extra Funding (Elyria Chronicle-Telegram)
Breathing-aid maker raises $4 million (Cleveland Plain Dealer)
Ohio Capital Fund strengthens "Bridge"; State-sponsored fund commits millions to venture capital firm (Cleveland Jewish News)
Manuscript Demonstrates Remarkable DNA Delivery and Expression in Mouse Retina (Company Press Release)
CleveX nearly set to send mole remover to market (Crain's Cleveland Business)
New Effort to Boost Start-Ups (Lawrence, Kansas Journal-World)
JumpStart adds pharmaceutical firm to portfolio (Cleveland Plain Dealer)
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