ibiojohn-blog-blog

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From John: White City News Maintenance via @WhiteCityNews WhiteCityNews will be down for maintenance starting August 28th. We will be back after the Labor day holiday.

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Marathon Pharmaceuticals continues to grow, adding new head of manufacturing

Marathon Pharmaceuticals continues to grow, adding new head of manufacturing via @WhiteCityNews

Marathon Pharmaceuticals, LLC today announced Dave Bradshaw has joined the company as executive director of manufacturing. In this role, Bradshaw will oversee the manufacturing and supply operations for Marathon Pharmaceuticals’ rapidly growing portfolio of treatments.

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ARCH Venture Partners builds massive $400M fund

ARCH Venture Partners builds massive $400M fund via @WhiteCityNews

ARCH Venture Partners, one of the largest U.S. technology venture firms investing in the development of seed and early-stage advanced technology companies, today announced that its eighth venture fund closed with more than $400 million in subscriptions. ARCH Venture Fund VIII exceeded its $250 million subscription target by more than $150 million.

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Steve Blank's advice on what it takes to be a life sciences lean startup

Steve Blank's advice on what it takes to be a life sciences lean startup via @WhiteCityNews

Originally posted on MedCity News by Stephanie Baum

What’s the difference between an extrovert and introvert in the world of principal investigators? Answer: Are they staring at your shoes or their shoes? The joke Steve Blank told during a fireside chat hosted by NYCBio illustrates the uphill challenge SBIR grant applicants face when they’re asked to break away from the insulated world of the…

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FDA simplifies process for novel medical devices

FDA simplifies process for novel medical devices

Truly innovative devices that do not have a “substantially equivalent” predecessor are automatically lumped into Class III, reserved for high-risk devices, and need a costly clinical trial to gain approval. But not all new products are high risk. To fix this barrier to innovation, FDA created the de novo approval pathway in 1997, enabling applicants to apply for approval as low- or moderate-risk…

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Medtronic snags FDA approval for next-generation pacemaker

Medtronic snags FDA approval for next-generation pacemaker via @WhiteCityNews

Medtronic ($MDT) snagged FDA approval for its next-generation cardiac resynchronization therapy (CRT) pacemaker in patients with heart failure, expanding its cardiovascular portfolio and advancing its proprietary technology for heart rhythm therapy.

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Y Combinator is Activly Recruiting Health-Tech Startups

Y Combinator is Activly Recruiting #HealthTech #Startups via @WhiteCItyNews

(Reuters) – What do Dropbox, Stripe, Airbnb and Reddit have in common? These technology firms all received mentorship and money from Silicon Valley’s so-called startup machine, Y Combinator.

Now, for the first time in its nine-year history, the accelerator program is actively recruiting health-technology startups. To attract top talent in healthcare and biotech, Y Combinator recently tapped…

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Chicago Innovation Exchange Is Accepting Member Applications

#Chicago Innovation Exchange Is Accepting Member Applications via @WhiteCityNews cc @ChicagoCIE

The Chicago Innovation Exchange announced that they are accepting applications for both the Membership and Business Incubator programs.

Chicago Innovation Exchange Membership is for individual students, faculty, staff, and community members with passions for entrepreneurship and innovation, developing businesses, or looking to join an entrepreneurial team.

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Chicago Medtech Company: ProofX is at the Forefront of Medical 3D Printing

#AdvaMed2014 Feature: @ProofXLabs is at the forefront of Medical #3DPrinting via @WhiteCityNews

Occasionally a transformative technology comes along that catalyzes a new wave of innovation. The most transformative of which was the internet and the personal computer. Hoping to join that list is 3D printing.

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Novartis CEO: Biosimilars Impact on Healthcare Still 3-5 Years Out

Novartis CEO: Biosimilar's Impact on Healthcare Still 3-5 Years Out via @WhiteCityNews

  (Reuters) – Swiss drugmaker Novartis AG does not expect copycat versions of biotech drugs to play an important role in the healthcare system for another three to five years, its chief executive said on Monday.

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The Sunshine Act: Promising Clarity & Providing Confusion

The Sunshine Act: Promising Clarity & Providing Confusion via @WhiteCityNews

The logic behind the Sunshine Act says that providing clarity on any money that pharma and device makers pay to doctors and hospitals will reduce the occurrence or appearance of corruption. .

The idea is that by making those payments a matter of public record makes it undesirable for companies to try to influence medical experts.

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FDA approves more innovative med tech, faster in first half

FDA approves more innovative med tech, faster in first half via @WhiteCityNews

The U.S. Food and Drug Administration has picked up the pace on novel medical device approvals, but this year still may not hit levels seen in 2011 and 2012. During the first six months of 2014, the agency granted 17 premarket approvals, way up from 23 for the entirety of 2013.

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Illinois Medical District Leadership Participates in Ice Bucket Challenge via @WhiteCityNews Last Friday at the iBIO BBQ, Warren Ribley, Executive Director and John Collins, Medical Science Program Director of the Illinois Medical District were joined by other members of the community for the ALS Ice Bucket Challenge.

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FDA clears first smartphone-based device to detect atrial fibrillation

FDA clears first smartphone-based device to detect atrial fibrillation via @WhiteCityNews

The first FDA clearance for the detection of a serious heart condition via a mobile ECG was announced yesterday. AliveCor got the nod for the AF Detector algorithm to detect atrial fibrillation (a warning sign of stroke and heart failure), and next month it plans to incorporate the new ability into its AliveCor smartphone plug-in and app for monitoring the heart.

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Lilly Reports Positive Phase 3 Psoriasis Studies

Lilly Reports Positive Phase 3 Psoriasis Studies via @WhiteCityNews

Eli Lilly and Company’s (NYSE: LLY) investigational medicine ixekizumab was statistically superior to etanercept and placebo on all skin clearance measures in Phase 3 studies, the company said today in disclosing top-line results from its pivotal UNCOVER studies in moderate-to-severe plaque psoriasis.

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Improving the Internet of Things security

Improving the Internet of Things security via @WhiteCityNews

The Internet is no longer just accessible from your laptop or mobile phone. It’s now part of television sets, baby monitors, ovens and cars. It is increasingly embedded into medical devices and other critical devices. The Internet is everywhere and the Internet of Things (IoT) is a trend that will continue to grow.

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Northwestern Hosts Health Tech Start-up Crowd Funding Competition

Open Call for Health Tech Start-up Crowd Funding Competition via @WhiteCityNews

Northwestern University and Insight Product Development are inviting medical device and digital health start-ups to apply for the Chicago HealthTECH Summit Competition, featuring the first medical technology crowd funding opportunity in the Midwest. The competition was created to help start-ups bring their innovations to market, by allowing prospective users and stakeholders to vet their…