RTI Surgical to Acquire Paradigm Spine (Healio)
UF startup RTI Surgical Inc. announced it has entered into a definitive agreement with Paradigm Spine LLC to acquire all outstanding equity interest of Paradigm Spine in a cash and stock transaction valued up to $300 million, which consists of $150 million at closing and potential future milestone payments, according to a press release. According […]
Lasers May Aid Greening-Diseased Citrus Trees (Morning AgClips)
A University of Florida scientist hopes to improve on laser technology to enhance the efficiency of spray solutions aimed at restoring vitality to greening-affected citrus trees and reducing amounts of chemicals applied. With the updated technology, a laser shoots infra-red energy pulses at citrus tree leaves, said Ed Etxeberria, a professor of horticultural sciences at […]
Ophthotech Expands Gene Therapy Pipeline in Orphan Retinal Diseases with Exclusive Option for Novel Product Candidates to Treat Best Vitelliform Macular Dystrophy (Ophthotech)
Ophthotech Corporation announced that it has entered into an exclusive option agreement with the University of Pennsylvania (Penn) and the University of Florida Research Foundation (UFRF) for rights to negotiate to acquire an exclusive global license to develop and commercialize novel adeno-associated virus (AAV) gene therapy product candidates for the treatment of Best vitelliform macular […]
Molekule: An Air Purification Company Scores $25 Million Investment (Tampa Bay Times)
UF startup Molekule, an air filtration company with roots in Tampa Bay, has come a long way in the past few years. The company says it has grown to 80 employees and hit $1 million in sales every month since launching its flagship portable air purifier in 2016. Time Magazine named the purifier one of […]
Sun BioPharma Announces Leadership Changes (Globe Newswire)
UF startup Sun BioPharma, Inc., a clinical stage biopharmaceutical company developing disruptive therapeutics for the treatment of pancreatic diseases, announced leadership changes in the organization. David B. Kaysen is stepping down as President, CEO and Board member of Sun BioPharma, Inc. and its wholly owned subsidiary, Sun BioPharma Australia Pty Ltd. Michael T. Cullen, MD, […]
TAO Connect Receives $141K National Science Foundation Grant to Launch French Translation of Its Digital Therapy System (Globe Newswire)
UF startup TAO Connect, a digital health company aiming to make behavioral health therapy more accessible, efficient and effective, announced it has been awarded $141,799 from the National Science Foundation (NSF) to develop a French language version of its therapeutic software. In addition, the company was also named the “Best Use of Technology in Employee […]
Axogen’s Avance Nerve Graft Receives Regenerative Medicine Advanced Therapy Designation (BioFlorida)
AxoGen, Inc., a global leader in developing and marketing innovative surgical solutions for damage or discontinuity to peripheral nerves, reported that the U.S. Food and Drug Administration (FDA) has granted the Regenerative Medicine Advanced Therapy (RMAT) designation to Avance® Nerve Graft. AxoGen is a UF startup and graduate of UF Innovate | Sid Martin Biotech. The […]
A Subscription Prescription To Boost Mental Health Accessibility (PYMNTS.com)
Mental illness affects roughly one in five Americans, but about a third of the U.S. population lives in areas underserved by mental health professionals. That’s a problem that can take solution cues from music and meal kit mobile subscription services, says TAO Connect founder Dr. Sherry Benton and CEO Bob Clark. TAO Connect is a […]
Forward Focused (Business Florida 2019 – The Regions)
North Central Florida — where innovative companies are born and workforce talent thrives — is home to the University of Florida, the nation’s 8th ranked public university, 12th most prolific patent earner worldwide, recipient of a record $837.6 million in research funding in FY 2018 and a catalyst for economic development. Many who were drawn […]
Morphogenesis and Lacerta Named as Finalists for SEBIO Awards (SEBIO)
Two UF startups who have incubated at UF Innovate | Sid Martin Biotech have been named as finalists for the SEBIO awards. Sid Martin alum Morphogenesis is a finalist in Initial Venture Funding; Sid Martin resident client Lacerta Therapeutics is a finalist in the Strategic Investment category. Over the past two decades, the Southeast has […]