| Date | Title | Description |
| 04.08.2026 | BioAdvance Capital Advances Life Sciences Innovation with New Investments and Portfolio Momentum | BioAdvance is an evergreen fund established to address the critical needs of emerging human life science focused companies in the mid-Atlantic region.
Shahram Hejazi, PhD, Managing Director and CEO of BioAdvance Capital
Highlights New Inves... |
| 04.05.2026 | Latus Bio: $97 Million Series A Raised To Advance Gene Therapy Platform Into Larger Patient Populations | Latus Bio, a biotechnology company engineering scalable gene therapies for broader patient populations, has closed a $97 million Series A financing, including a $43 million extension led by 8VC, with participation from existing investors DC... |
| 24.12.2024 | Tolerance Bio: $20.2 Million (Seed) Raised To Develop Approaches To Increase Healthspan | Tolerance Bio – a biopharmaceutical company pioneering approaches to increasing healthspan by preserving, restoring, and manipulating the function of the thymus, the master regulator of immune tolerance – announced the formation of its Scie... |
| 27.07.2022 | It’s the era of at-home health diagnostics and Senzo is finding its flow | Biotech company Senzo just raised a $2 million round at a $20 million pre-money valuation to further extend options for lateral flow diagnostics. “Lateral flow,” in this case, is the same type of testing you’ve seen from at-home pregnancy o... |
| 28.10.2021 | Phrase Health Announces $3M Investment from Health IT Leaders: LionBird, Vizient, Inc., and BioAdvance | Phrase Health Logo "With support from these leaders in the health IT space, we’re in a position to accelerate growth and focus on research and development to enhance our current capabilities, ultimately improving the experience for cli... |
| 05.10.2021 | 20+ resources to boost Philly health startups | Eds and meds has evolved as Philly grows into a hub for health-minded startups. How to keep up the momentum to boost the next generation?
As part of our Tech + Health Month, Technical.ly compiled a list of of resources to help founders of s... |
| 07.01.2020 | Ride Health Lands $6.2M to Deliver Real-Time Ride Coordination Platform | – Ride Health, an NYC-based real-time ride coordination platform that improves access to care and patient’s ride experience has raised $6.2M in seed funding.
– Penn Medicine is already using Ride Health’s ride coordination platform to reduc... |
| 29.05.2019 | Pillo Health Raises $11M to Expand Personal Home Health Robot | Pillo Health, a Boston-based digital health company improving longevity and quality of life for patients managing their health at home has raised $11M in Series A funding, led by Stanley Black & Decker’s corporate venture capital arm wi... |
| 27.10.2017 | Clinical decision support startup closes seed round to give more intuitive access to EHR data | The company’s algorithms prioritize data for specific physicians based on their specialty and individual needs. The goal is to present a more intuitive view of the information physician needs to know.
Although Limoli said WellSheet uses art... |
| 25.09.2017 | Local Leaders, National Topics: Women’s Health Innovation | In 2015, Dan Hilferty, CEO of Independence Blue Cross (IBX), told Philadelphia Magazine that Philly could be the, “Silicon Valley of healthcare innovation.” Yet the concept hinged on a few variables. According to Hilferty, Philadelphia need... |
| 10.03.2016 | Health IT company raises $1.2M to advance predictive analytics tool for radiation therapy | Oncora Medical, cofounded by David Lindsay and Chris Berlind in 2014, took part in the DreamIt Health accelerator, and is currently part of the University City Science Center Digital Health Accelerator’s second batch of startups.
In emailed... |
| 02.11.2015 | Cohero Health lays groundwork for 2016 commercial launch | It has participated in the Startup Health Academy, a program that exceeds most healthcare accelerators by two years and eight months.
“You are an early-stage company for longer than 12 weeks,” Manice commented in reference to the length of ... |
| 18.08.2015 | Health IT business WellTrackONE raises $1.5M to boost staff, product expansion | Among the investors that took part in the Series A round are Easton Capital and BioAdvance. But it also added BootStrap Incubation in San Diego. BootStrap has invested in WellTrackONE partner — MD Revolution. Bechtel said it has a strategic... |
| 23.12.2014 | One year later, Philly pediatric medical device consortium shows progress of FDA program | As an example of the group’s growth, its goal to review 15 project proposals has surged to more than 30. The vast majority of the Philadelphia chapter’s collaborators are individuals or small businesses with under 50 people. A clinical and ... |
| 24.03.2014 | Healthcare startup finds traction with automated tools for wellness exams for Medicare | “That has taken off like a rocket. What we bring to them is compelling: more revenue for their doctors, a method to significantly reduce healthcare cost by avoidance of catastrophic illness and injury, increase in ACO attribution, minable d... |
| 23.10.2013 | Innovate in PA legislation will bring 1,850 tech jobs to state: Tom Corbett | Gov. Tom Corbett visited the Navy Yard last week to trump the Innovate in PA legislation he signed this summer aimed at bringing more than $75 million in early stage investment to the state as soon as next year.
He was hosted by the Ben Fra... |
| 04.10.2013 | From gamification to personalized medicine, here’s a list of companies pitching at IMPACT | CardioReady (@CardioReady) is all about automated external defibrillators and helps customers evaluate, buy, install, track, and maintain them.
Healthper (@HealthPer) works with employer wellness plans using a mix of gamification and incent... |
| 24.08.2012 | Novira Therapeutics raises $23M for hepatitis B treatment that attacks DNA of virus | Osvaldo (Lalo) Flores, the president and chief scientific officer of Novira Therapeutics in Radnor, Pennsylvania, told MedCity News in a phone interview that the biotechnology company’s capsid-targeting antivirals entering preclinical devel... |
| 24.07.2012 | Chronic pain drug developer for cancer, lower back pain raises $3M | Location: Blue Bell, Pennsylvania
Industry: Pharmaceuticals
Solution/product: Its lead product is chronic pain treatment LevoCap, a proprietary once-a-day extended release dosage form of the opioid levorphanol. It is being presented as an a... |
| 21.02.2012 | Non-Hodgkin’s lymphoma drug company gets $15M venture backing | Ceptaris Pharmaceuticals in Malvern, Pennsylvania has received $7.5 million and will be given access to another $7.5 million if the NDA gets approved by U.S. regulators.
Its primary venture capital investors are Osage Ventures, Aperture Ven... |
| 31.01.2012 | Pennsylvania human antibody cloning company raising $1.5 million | Dr. Scott K. Dessain, the founder and chief science officer of Immunome, is an associate professor with the Lankenau Institute for Medical Research in Wynnewood, Pennsylvania.
The CEO of Immunome, Timothy Pelura, is a serial entrepreneur in... |
| 03.01.2012 | Ossianix Receives Strategic Investment from H. Lundbeck | Ossianix, Inc., a Philadelphia, PA-based biopharmaceutical company that develops novel biopharmaceuticals for a variety of therapeutic areas, has received a strategic investment of undisclosed amount from H. Lundbeck A/S.
The investment, wh... |
| 12.12.2011 | Merganser Biotech gets investment for iron overload therapeutics | “Our initial goals are to move forward with the project so we can meet with regulatory authorities for a pre-R&D meeting,” CEO Brian McDonald told MedCity News.
Launched earlier this year, Merganser Biotech, a virtual startup in Newtown... |
| 15.11.2011 | Pennsylvania biotech greenhouse looks to roots for chairman | “Sam Katz has long been a champion of the Philadelphia region and brings to the role of chair of BioAdvance both passion and a unique perspective about the broader public and private community that is critical to the future vitality of the ... |
| 15.11.2011 | NuPathe to resubmit migraine patch for approval in 2012 | Migraine headaches affect about 31 million adults in the United States. Symptoms include moderate to severe headache pain, nausea and vomiting, photophobia, or abnormal sensitivity to light, and phonophobia, or abnormal sensitivity to sound... |
| 11.11.2011 | Safeguard Scientifics: Health IT could grow to one-quarter of investments | UPDATE: Safeguard Scientifics has recalculated that health IT could grow to one-quarter of its investments.
Safeguard Scientifics (NYSE:SFE ) Executive Vice President Jim Datin said its investments in health IT could grow from just under on... |
| 07.10.2011 | Sam Katz: Philly is becoming entreprenurial ‘without permission’ [Q&A] | Sam Katz is widely known in Philadelphia for campaigning. But he has had considerably more success in business.
More than a decade ago, he lost the mayoralty to John Street in one of the closest and most controversial big city elections in ... |
| 27.07.2011 | Novira Therapeutics Completes Second Round of Seed Financing | Novira Therapeutics, Inc., a Radnor, Pennsylvania-based drug discovery company developing therapeutics for the treatment of viral diseases, including HBV and HIV, has completed a second round of seed financing.
The round was led by three Ph... |
| 22.11.2010 | Galleon Pharmaceuticals lands $10M for sleep apnea, COPD drug | Early this year, he received a patent for a combination drug that includes S-Nitrosothiol, a compound involved in several steps of the breathing process. S-Nitrosothiol can trigger the body’s normal response to low oxygen levels, causing in... |
| 09.05.2007 | Avid Radiopharmaceuticals, maker of imaging reagents, raises $26M for clinical trials | Avid Radiopharmaceuticals, a Philadelphia-based maker of “molecular imaging agents” that help highlight diseased tissue in various medical scans, raised $26 million in a third round to develop early-detection products for Alzheimer’s and Pa... |
| - | Safeguard Scientifics: Health IT could grow to one-quarter of investments | UPDATE: Safeguard Scientifics has recalculated that health IT could grow to one-quarter of its investments.
Safeguard Scientifics (NYSE:SFE ) Executive Vice President Jim Datin said its investments in health IT could grow from just under on... |
| - | Healthcare startup finds traction with automated tools for wellness exams for Medicare | One provision of Obamacare requires primary care providers to conduct wellness exams for Medicare patients. Health IT company WellTrackONE, which developed a way to automate the exam to make it easier for practices to administer and get rei... |
| - | Novira Therapeutics raises $23M for hepatitis B treatment that attacks DNA of virus | A biotechnology company with a novel drug treatment for hepatitis B and HIV patients could change the way drugs combat viruses. The drug, under development, which targets the outer shell, or capsids, of the viruses, has secured $23 million ... |
| - | Cohero Health lays groundwork for 2016 commercial launch | This post has been updated from an earlier version.
As digital health company Cohero Health gears up for the commercial launch of its FDA-cleared medical device to do remote monitoring for lung functions, CEO Melissa Manice took a few minut... |
| - | Pennsylvania human antibody cloning company raising $1.5 million | A Pennsylvania biotechnology company is raising $1.5 million to advance its human antibody cloning technology that it believes has broad applications for the treatment of unmet medical needs such as Alzheimer’s disease, cancer, infectious d... |
| - | A Tag-Team Effort to Foster the Next Generation of Startups | “I’m not enthusiastic about trying to replicate what goes on in Boston or what goes on in Silicon Valley,” says BioAdvance Managing Director and CEO Barbara Schilberg. “I think Philadelphia has an opportunity to create its own model. Be cre... |
| - | Clinical decision support startup closes seed round to give more intuitive access to EHR data | WellSheet, a clinical decision support startup, has closed a Seed round to add some software engineering talent as it rolls out pilots at practices using Cerner and athenahealth. Craig Limoli, the CEO and cofounder of the startup, shared th... |
| - | Health IT company raises $1.2M to advance predictive analytics tool for radiation therapy | One of the greatest challenges clinical decision support programs have is moving beyond a general alert to providing specific, timely, and useful information. Oncology seems like an ideal proving ground for this, given the complexity of can... |
| - | NuPathe to resubmit migraine patch for approval in 2012 | NuPathe (NASDAQ: PATH) said it will resubmit a new drug application for its transdermal migraine patch for approval by the U.S. Food and Drug Administration after receiving a complete response letter from the regulator, according to the com... |
| - | Galleon Pharmaceuticals lands $10M for sleep apnea, COPD drug | Galleon Pharmaceuticals in suburban Philadelphia has raised $10 million to help discover medicines to treat breathing control conditions like sleep apnea and COPD.
Started in 2003 by CEO and President James C. Mannion, the Horsham, Pennsylv... |
| - | Merganser Biotech gets investment for iron overload therapeutics | Merganser Biotech, a drug licensing and development startup, has secured funding from a consortium that includes BioAdvance, the Biotechnology Greenhouse of Southeastern Pennsylvania and individual investors for its plan to develop hepcidin... |
| - | Non-Hodgkin’s lymphoma drug company gets $15M venture backing | A specialty pharmaceutical company has secured $15 million in venture debt backing for its topical gel drug to treat the early stages of mycosis fungoides, a type of non-Hodgkin’s lymphoma.
The investment will go toward operational expenses... |
| - | Chronic pain drug developer for cancer, lower back pain raises $3M | Company name: Relmada Therapeutics
Location: Blue Bell, Pennsylvania
Industry: Pharmaceuticals
Solution/product: Its lead product is chronic pain treatment LevoCap, a proprietary once-a-day extended release dosage form of the opioid levorph... |
| - | Pennsylvania biotech greenhouse looks to roots for chairman | BioAdvance, the Biotechnology Greenhouse of Southeastern Pennsylvania, has appointed Sam Katz, one of its co-founders and an investor in the region, as board chairman and named two new directors to its board.
Katz takes over from Philip Ger... |
| - | One year later, Philly pediatric medical device consortium shows progress of FDA program | This is the first of a two part series on the Pediatric Medical Device Consortia
It’s been about a little more than one year since the Philadelphia Pediatric Medical Device Consortium got started. In a recent interview with Matthew Maltese,... |
| - | From gamification to personalized medicine, here’s a list of companies pitching at IMPACT | Identifying and tracking patients who are likely to be readmitted, gamification strategies for employer wellness programs and interoperability are a few of the technologies from startup and growth stage companies pitching at the IMPACT conf... |
| - | Health IT business WellTrackONE raises $1.5M to boost staff, product expansion | Health IT company WellTrackONE, which developed a way to automate annual wellness exam admin support and reimbursement has raised $1.5 million in a Series A-1 round, according to emailed responses to questions posed to co-founder and CEO Pe... |