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More than 6 percent of Inc. 500 firms work in the health and drug space, making it the No. 5 industrial sector for these fast-growing companies from 2005 to 2010. But these medical innovators aren’t all concentrated in the Silicon Valley.
Because life sciences entrepreneurship thrives on harnessing new technologies, spurring innovation, and growing companies, the Kauffman Foundation met in 2003 with the Panel of Advisors on the Life Sciences to help advance those goals.
eMed has published the first in a series of white papers focused on issues key to life science and digital health entrepreneurs. The first white paper, Funding Sources for Life Science Startups, offers countless ideas on how to raise capital for a healthcare product: from a drug or device to the emerging health IT and mobile health segments.
A Kauffman Foundation town hall meeting explored how the government, nonprofits and academic institutions could help enhance drug development and bring more effective drugs to market.
A collaborative chronic care network based at Cincinnati Children’s Hospital Medical Center links entrepreneurs with doctors, patients, families, researchers, and other stakeholders. C3N, funded by grants from the National Institutes of Health and the Agency for Healthcare Research and Quality, is meant to improve health outcomes for large populations, accelerate the pace of learning, and increase the speed of innovation – all while reducing healthcare costs.
LUMOback is the first product by LUMO, a Palo Alto-based company founded by three entrepreneurs – including one who suffered back problems for years. Charles Wang, co-founder and CMO, shared what he’s learned since the company’s launch in 2011 and the product’s release last year.
Thanks to the movement of research and development to China and India, scientists there are quickly developing the ability to innovate and create their own intellectual property, according to a Kauffman Foundation study.
It’s well known -- and deeply concerning -- that the cost of health care in the United States is exploding. A Kauffman Foundation-funded book, The Cost Disease: Why Computers Get Cheaper and Health Care Doesn't, explores the cause of this problem and provides an explanation.
It hasn’t been a year since the Cellanyx Diagnostics team spun out their technology from Columbia University. But, halfway to raising $1 million worth of seed funding for the company, CEO Ashok Chander can already share tips from the trenches.
BioCurious is a Silicon Valley bio-hacker space with a dual mission: community education and work with entrepreneurs. Cofounder Raymond McCauley, who is also chair of biotechnology at Singularity University, said BioCurious provides lab space, equipment and a community for entrepreneurs.
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