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Cleveland Clinic and Doximity join up to make earning CME credits more social, flexible

May 21, 2013

Digital health startup Doximity and the Cleveland Clinic are collaborating on a new digital platform that would give physicians a more flexible and social way to earn continuing medical education credits on Doximity’s social network. Doximity, which runs a HIPAA-compliant social platform and app where physicians can connect or collaborate on patient treatment, announced Monday [...]

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Repurposed cancer drug to enter Phase I trials for Alzheimer’s disease this year

May 14, 2013

In the world of Alzheimer’s disease drugs, the past year has been marked by disappointing Phase 3 clinical trial results for a handful of much-anticipated antibody drugs. But the failure of those drugs, designed to clear toxic beta amyloid plaques that accumulate in the brain, isn’t discouraging to Cleveland startup ReXceptor Inc., which has just [...]

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Cleveland Clinic research spurs a device that could predict arrhythmia after cardiac surgery

April 30, 2013

The latest startup commercializing intellectual property developed by heart doctors at the Cleveland Clinic is hoping to give doctors a way to tell which patients might develop arrhythmia after cardiac surgery. Atrial fibrillation is one of the most common complications of coronary and valve surgeries. While there are a variety of drugs used to treat [...]

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Cleveland Clinic Innovations: IT commercialization manager will be interim director after Coburn’s exit

April 24, 2013

Cleveland Clinic’s corporate venture arm is turning to its general manager of IT commercialization to fill the role of departing Executive Director Chris Coburn–at least temporarily. The Clinic said today that Gary Fingerhut will head Cleveland Clinic Innovations as interim executive director when Coburn leaves at the end of May to begin a similar position [...]

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Medical device VP: What healthcare customers ask us for before buying a new technology

April 24, 2013

Healthcare craves innovation, but with innovation comes a certain amount risk. So when it comes to purchasing a new, innovative technology, healthcare providers, researchers and companies will naturally want to take a very close look. STERIS Corp. (NYSE:STE), for one, opened a Customer Solutions Center in July 2011 at its Mentor, Ohio, headquarters as a [...]

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Hospital tech transfer transformed: A quick history of Cleveland Clinic Innovations

April 12, 2013

With the news that Chris Coburn is leaving Cleveland Clinic Innovations comes the question who’s going to take over? The Clinic isn’t giving any clues,  but it’s going to be a huge undertaking for whoever that might be. In the 13 years its been around, CCI claims to have spun out 50+ companies that have [...]

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Updated: Coburn to exit Cleveland Clinic Innovations for Partners HealthCare in Boston

April 12, 2013

UPDATED 2:45 p.m. to add job title and comments from Partners HealthCare. Cleveland Clinic Innovations’ executive director, Chris Coburn, who has led the prolific technology commercialization arm of the Clinic since its formation in 2000, is heading to the life science capital of the U.S. The Clinic confirmed this morning that Coburn will be departing [...]

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OrthoData arrives in Ohio with a sensor device for spine surgeries & $1.1M in new investments

March 28, 2013

A medical device company with a new way to help surgeons gauge the success of spinal fusion surgeries has just arrived in Northeast Ohio, and investors in the area have welcomed it with $1.1 million in fresh capital. A recent transplant from Louisville, OrthoData Inc. is developing an implantable sensor that attaches to a rod [...]

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Case Western Reserve spinoff’s new device uses nerve stimulation to restore lost bladder control

March 22, 2013

Market research has suggested that neuromodulation devices make up the fastest-growing segment of the medical device sector, forecasting some $7 billion in sales within five years. Although medical device giants Medtronic, St. Jude Medical and Boston Scientific dominate the market, there are a number of young companies working on nerve stimulation devices to treat pain [...]

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$1M grant will help researchers develop “smart insulin” as a safer option for type 1 diabetes

March 14, 2013

Thanks to a new three-year, $1 million grant, a group of researchers at Case Western Reserve University are continuing to develop and test a form of glucose-responsive insulin that may someday be able to reduce the risk of dangerous hypoglycemic episodes in people with type 1 diabetes. The insulin is being developed in the lab [...]

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Stem cell company Athersys expects more R&D spending, potential partnerships in 2013

March 13, 2013

Cleveland-based Athersys (NYSE:ATHX) has a full plate as it continues to advance its “off the shelf” stem cell therapy, MultiStem, through clinical trials in several indications. That means shareholders can expect more R&D spending and potential new partnerships this year as the company continues developing MultiStem and its 5HT2C agonist program. Athersys CEO Gil Van [...]

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Cleveland Clinic presents anesthesia IT: New healthcare startup Talis Clinical

March 12, 2013

When the Cleveland Clinic determined in 2008 that its anesthesia information management system wasn’t meeting its needs, the Clinic charged leaders within its own walls with creating a better system. The technology that resulted, and another innovative IT system that’s been used alongside it in Clinic operating rooms since 2010, has now been licensed to [...]

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In search of better ways to detect concussions, Army inks deal with NeuroWave Systems

March 8, 2013

As part of a wider effort to identify and address traumatic brain injuries in soldiers, the US Army has taken interest in a product being developed by brain monitoring device company NeuroWave Systems Inc. The Cleveland-area company just won a new, $2.5 million contract through the Army’s Medical Research and Materiel Command to develop a [...]

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Does this belong in my pitch deck? 3 VCs sound off on what to include and what to leave off

March 1, 2013

So much to say, so little time to say it. That’s one of the predicaments entrepreneurs face when they go into a meeting with a potential VC investor.What information should be included in a pitch deck? What questions should founders be prepared to answer? What aspects of the business don’t investors need to know about [...]

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Muscular dystrophy startup secures SBIR grant to continue developing myostatin inhibitor

February 26, 2013

With a new $300,000 Phase I SBIR grant from the NIH’s National Institute of Arthritis and Musculoskeletal and Skin Diseases, biotech startup Milo Biotechnology will march forward with development and testing of its follistatin therapy for muscular dystrophy. Its lead candidate, AAV1-FS344, is a gene therapy intended to up-regulate follistatin, a protein that blocks myostatin, [...]

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Simulation “ventriloscope” puts a modern-day spin on teaching students to use a stethoscope

February 20, 2013

The stethoscope is of the most fundamental tools for doctors and can be one of the most powerful in initial detection of cardiac or pulmonary illnesses. That’s why Dr. Paul Lecat wanted to give medical educators a better way to teach students to use it and understand what they hear at a basic level. For [...]

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HIMSS to set up shop in Cleveland’s former Medical Mart

February 19, 2013

In a bid to underscore the importance of interoperability in healthcare systems, and possibly develop its relationship with Cleveland Clinic, HIMSS is taking over the fourth floor of what used to be called the Cleveland Medical Mart, according to an announcement today. The medical mart is no more — but not because it’s gone the [...]

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When art meets medicine: A visual timeline of clinical research

February 15, 2013

Look no further than the popular LinkedIn photo series “Where I Work” for an indication of how important a creative workspace is for many industry leaders. While clinical research might not seem particularly creative or visual, a Cleveland-area CRO is working on a project that started as a way to add some creativity to its [...]

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Cleveland Clinic’s newest joint venture targets hospital supply chain for cost savings

February 7, 2013

As hospitals feel the squeeze to cut costs, they have many places to look. Some are evaluating how things are done in the operating room. Others are mining data for clues as to what causes extended hospital stays, high costs or undesired outcomes. The Cleveland Clinic, for one, is evaluating how and from where it [...]

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MRIs & CT scans become virtual 3-D models in rehearsal platform for high-risk brain surgeries

February 6, 2013

Moty Avisar and Alon Geri have backgrounds in flight simulation. Dr. Warren Selman is neurosurgeon-in-chief at University Hospitals in Cleveland. Together, the three top minds behind Surgical Theater have developed a surgery rehearsal platform on which surgeons can practice the procedure they are about to perform on a specific patient and use a digital replica [...]

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A new model for hospital collaboration & innovation: Nonprofit systems fund stand-alone Innovation Institute

February 5, 2013

As hospitals work to boost their efficiency and the quality of care they deliver, many are finding they need new ways to go about finding and creating solutions to their post-Affordable Care Act challenges. They’re also looking for new revenue streams. With that in mind, one California health system put up $40 million to seed [...]

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Drug startup Sulfagenix uses small amounts of hydrogen sulfide to stymie damage to the heart

January 30, 2013

In high concentrations, hydrogen sulfide is highly poisonous. But in the small amounts naturally produced by the body, researchers have found that it actually provides many benefits to humans. “Through our work and the work of others, we know that hydrogen sulfide therapy is very effective at preventing and treating cardiovascular disease in a variety [...]

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Growth of telehealth, Parkinson’s treatment pipeline propels Great Lakes NeuroTech into new markets

January 23, 2013

Cleveland-area patient monitoring company Great Lakes NeuroTechnologies is using the momentum it’s built in the clinical trials market to drive penetration of its device/software technology for assessing Parkinson’s disease symptoms in to other markets this year. The company’s U.S. Food and Drug Administration-cleared Kinesia technology platform is designed to give clinicians a quantitative way to [...]

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With launch of its device, CerviLenz hopes to establish routine screening to prevent preterm birth

January 15, 2013

With the timing right and new capital  in its hands, CerviLenz is forging ahead with the commercialization of its device to aid in the prevention of preterm birth. The Cleveland-area company has raised at least $2 million, as disclosed in U.S. Securities and Exchange Commission documents, and hired new sales representatives to help drive adoption [...]

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This surgeon broke down data silos to spot hospital inefficiencies — and created a startup in the process

January 14, 2013

As a surgeon working in a hospital, Dr. Conor Delaney experienced the big data problem present in so many hospitals today. Massive amounts of useful data was being processed and stored by the hospital, but it was being processed and stored in separate silos that don’t communicate with each other. He knew there had to [...]