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Medical innovation at risk in Obama's budget plan
Pitts Peter
5/4/2011
Blog Resource
Summary:

Proposed federal budget cuts could hurt healthcare innovation in America and be bad for patients. Read more to find out why giving Medicare the power to negotiate drug prices is a bad idea.

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Michigan venture fund raises $15 million to invest in lifescience companies
Parmar Arundhati
5/4/2011
Blog Resource
Summary:

In medical business news, a venture fund in Michigan has raised $15 million for investment in lifescience companies. SWMF LifeScience Venture Fund plans to raise $35 million more. Read more about this lifescience venture fund’s goals.

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Software developer LogicJunction helps hospital visitors find their way
Glenn Brandon
5/4/2011
Blog Resource
Summary:

Hospital navigation is easier on patients and visitors, thanks to a touch-screen kiosk with maps and instructions. In order to save staff time and improve patient satisfaction, some hospitals are using LogicJunction’s Wayfinder. Read more to learn about the market for this healthcare software.

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State-backed venture capital fund could be on its way out
Glenn Brandon
5/4/2011
Blog Resource
Summary:

A venture capital fund that has helped Ohio companies and created jobs has an unclear future. The Ohio Capital Fund is waiting on new legislation to help it continue. Read more to find out how this state-backed venture program works.

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Venture capital climate in RTP improving
Vinluan Frank
5/4/2011
Blog Resource
Summary:

The venture capital climate improved in RTP in the first quarter, but biotech companies are still competing for dollars. Several RTP companies saw venture capital investment for development of pharmaceutical products and medical technologies. Read more to learn about the venture capital climate.

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Is the pre-IDE process worth the time investment?
Health Innovation
5/11/2011
Blog Resource
Summary:

Medical device startups need to know when it’s worthwhile to make use of the pre-IDE process. The FDA review team can provide valuable insight to the medical business, but there are drawbacks, too. Read more to find out the pros and cons of the pre-IDE process.

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Health IT offers large opportunity, says Lux Capital’s Foster
Weintraub Arlene
5/12/2011
Blog Resource
Summary:

Health IT, innovation and business models are some of the topics addressed in this Q&A session with Richard Foster, a new partner at venture capital firm Lux Capital. Read more for his views on the future of health IT and his advice for new entrepreneurs.

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University spinoff develops medical device for tinnitus
Glenn Brandon
5/12/2011
Blog Resource
Summary:

A treatment for tinnitus is the goal of two Ohio University colleagues who were frustrated by the lack of options for those suffering from this hearing disorder. Read more to find out how this medical device differs from its competitors.

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University spinoff develops medical device for tinnitus
Glenn Brandon
5/12/2011
Blog Resource
Summary:

A treatment for tinnitus is the goal of two Ohio University colleagues who were frustrated by the lack of options for those suffering from this hearing disorder. Read more to find out how this medical device differs from its competitors.

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Daschle gives his take on healthcare reform legislation
Vinluan Frank
5/13/2011
Blog Resource
Summary:

Former U.S. Senator Tom Daschle gives his viewpoint on healthcare reform legislation and the obstacles ahead. Read more to learn about the legal, administrative and regulatory challenges ahead as a result of this major legislation.

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