Health

Ben Franklin Technology Partners Invests $2M In 7 Philadelphia-Area Startups, Plans New $25M Fund

Ben Franklin Technology Partners of Southeastern Pennsylvania is investing $2 million in Philadelphia-area tech and health care startups before setting its sights on a new late-stage fund with a goal of raising at least $25 million — a welcome commitment for local startups as venture capital funding dries up. The investments were made in two […]

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‘A Little Company With A Big Vision’: Temple Spinout Advancing New Way To Treat Autoimmune Disorders

A Temple University spinout working on a new way to treat autoimmune disorders has been approved to begin human testing of a potential treatment for an inflammatory liver disease. SFA Therapeutics of Jenkintown received Food and Drug Administration clearance to begin a Phase 1 clinical trial of the company’s new drug candidate SFA-001N, which it […]

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Startups To Watch

13 Philadelphia-area startups ready to reach new heights in 2023 Despite a somewhat tumultuous 2022, Greater Philadelphia’s startup ecosystem has continued to flourish. This past year, startups and their founders adapted after a record-setting 2021 that saw the region post its largest annual funding total to date. The first half of 2022 was almost equally […]

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Biomeme To Launch Portable Sample-To-Answer PCR System, Host-Response Testing

The pandemic wrought remarkable changes in diagnostics, some of which may improve healthcare for future generations. It also precipitated a dramatic expansion for Philadelphia-based mini PCR instrument and assay developer Biomeme. The company is now using revenues from CAP and CLIA accredited testing labs it owns to create a sample-to-answer instrument and further differentiate itself […]

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Jefferson Lands New CEO From One Of The Country’s Largest Health Systems

Thomas Jefferson University and Jefferson Health’s board of trustees have made their pick to take over what became the region’s largest health system under former CEO Dr. Stephen Klasko. Dr. Joseph Cacchione will be the next CEO of Jefferson, effective Sept. 6. Cacchione is executive vice president for clinical and network services at Ascension Health, one of the […]

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