Startup of the Month: Pheronym
Pheronym has incubated at both UF Innovate incubators, The Hub and Sid Martin Biotech, but also has a presence in California. Nematodes pose a conundrum to farmers. The worm-like microscopic creatures are everywhere. Some are parasitic, infecting plants and destroying crops — but others actually attack insect pests. The ability to target the “bad” while […]
Exactech to Expand Hip Replacement System with New Acetabular Implant Featuring Vitamin E Technology
UF startup Exactech, a leading developer and producer of bone and joint restoration products and biologic solutions for extremities, knee and hip, announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market a new acetabular system, Alteon® Cup and XLE® Liner for hip replacement surgery. Seamlessly integrated with the Alteon […]
RTI Surgical Completes Acquisition of Paradigm Spine
UF startup RTI Surgical has announced it has completed the acquisition of Paradigm Spine. Paradigm Spine’s primary product is the Coflex interlaminar stabilisation device. According to a press release, this is a “differentiated, minimally invasive motion preserving stabilisation implant that is FDA PMA-approved for the treatment of moderate to severe lumbar spinal stenosis (LSS) in […]
Exactech Acquires XpandOrtho
UF startup Exactech, a developer and producer of bone and joint restoration products and biologic solutions for extremities, knee, and hip, announced that it has acquired XpandOrtho, a designer of soft tissue balancing instruments for knee replacement surgery. Exactech plans to incorporate XpandOrtho’s technology to enhance its ExactechGPS® computer-assisted surgery system, the only navigation system […]
Peerfit Snags $18 Million in Latest Funding Round
UF startup Peerfit, the Tampa-based digital health startup, has secured another multimillion-dollar funding deal. An $18 million Series C funding deal with Peerfit closed March 18, according to Virgo Investment Group managing director Pooja Goel in an interview with the Tampa Bay Business Journal. The investment group is based out of Silicon Valley. The clincher for the […]
Four of 16 Cade Prize Finalists Are Local
Four of the Sweet 16 finalist for the annual Cade Prize are local companies. Cade officials said in a news release Friday that the Sweet 16 finalist expo will be held April 10 and the Final Four will be honored at the Inventivity Bash May 18. The Cade Prize rewards inventors and entrepreneurs who demonstrate […]
CRO Clinipace Adds to Capital Raising With Another $4 Million
UF startup Clinipace Inc., a contract research organization, has raised $4 million by selling private equity, according to a filing Thursday with the Securities and Exchange Commission. The Morrisville-based company raised the money from 13 investors, according to the filing. Clinipace had raised $5.7 million in September 2018 and $10 million in December 2017. Learn more about CRO […]
Exactech Wins FDA Nod for Alteon Cup, XLE Liner Acetabular System
UF startup Exactech said it won FDA 510(k) clearance for its new Alteon Cup and XLE liner acetabular system. The Gainesville, Fla.-based company said that the newly released devices are integrated into its Alteon Platform system. The Alteon Cup will include multiple implant configurations and bearing options and features an asymmetric porous coating. Exactech said […]
Cannabix Technologies Provides Update on Marijuana Breathalyzer Development
UF startup Cannabix Technologies Inc., developer of the Cannabix Marijuana Breathalyzer for law enforcement and the workplace, is pleased to report that early testing with its breath collection unit (“BCU”) has thus far provided stable and consistent results. In late January, the Company received an initial version of its portable handheld device for the collection […]
DOE Announces $100 Million in Small Business Innovation and Technology Funding
The U.S. Department of Energy (DOE) Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs issued its FY 2019 Phase II Release 2 Funding Opportunity Announcement (FOA) with approximately $100 million in available funding. “Small businesses are the backbone of the American economy,” said U.S. Secretary of Energy Rick Perry. “Providing small […]