SHINE Lands $125M for Expansion
SHINE Medical Technologies announced last week it will receive up to $125 million of debt and equity financing in a term sheet executed with New York-based Deerfield Management Company. According to a…
Category Archives: Biotech
Exact Sciences Earns Medicare Coverage
Exact Sciences announced Thursday that Cologuard, the first FDA-approved non-invasive screening test for colorectal cancer and precancer, will be covered by The Centers for Medicare & Medicaid Services (CMS). “We are…
GHC First to Cover Exact Sciences’ Cologuard
Exact Sciences‘ Cologuard, which received its FDA approval last month, will be offered to Group Health Cooperative patients, the organization announced recently. GHC will be the first health plan in Wisconsin to…
Echometrix Awarded First Patent
Echometrix, a Madison-based developer of proprietary musculoskeletal ultrasound technology, was awarded a patent on its ultrasound technology for the dynamic functional analysis of injured and healing tissues, the company announced…
PSC Biotech to Open Subsidiary at URP
PSC Biotech announced recently that it plans to house its newly launched subsidiary BioTechnique at University Research Park and be fully operational next year. According to a release, BioTechnique will…
CDI Receives Stem Cell Production Patent
Cellular Dynamics International has strengthened its grip on the stem cell market, as the company announced today that it received a U.S. patent on the automated production of human pluripotent…
Exact Sciences’ Cologuard Gets FDA Nod
A major milestone for Exact Sciences was achieved Monday, when the company announced its colorectal cancer screening test called Cologuard received approval from the U.S. Food and Drug Administration (FDA). “The FDA…
Cellectar Applies for Cancer Study
Cellectar Biosciences, which develops agents to detect, treat and monitor cancers, announced today it has applied to the U.S. Food & Drug Administration to begin a clinical study of a highly-selective,…
Gov. Doyle Joins Exact Sciences Board
Former Wisconsin Gov. Jim Doyle was elected to the Exact Sciences board of directors, the company announced recently. Doyle, who currently works with both Foley & Lardner and his own company,…
Propeller Health Lands First ACO
Propeller Health today announced that Arizona Care Network will be the first Accountable Care Organization (ACO) to offer the Propeller platform. “We’re honored to partner with Arizona Care Network in…
