Insera Therapeutics ‘coming out of stealth mode’ after recent product approval
Sacramento-based Insera Therapeutics Inc. says it's ready to ramp up to commercialization now that it has approval to bring its medical device to Europe.
After nearly a decade developing a device for “minimally-invasive brain surgery” to remove blood clots during a stroke, the company recently received approval from the European Commission for its flagship product, CEO Vikram Janardhan said.
“We’re just coming out of stealth mode,” Janardhan said, adding that the approval is a major…
Breaking the Silence: Banfield responds to high suicide rate among vets
Veterinarians, it’s safe to say, go into their profession for the love of animals.
But with that compassion comes occupational hazards. They see dogs, cats and other beloved pets when they are sick, injured and in pain. While vets can often heal animals, or at least alleviate their suffering, delivering bad news to pet owners goes with the territory.
Compassion fatigue is a real problem in veterinary medicine, the feeling they have nothing more to give. Cyber bullying from disgruntled pet owners…
LifeCare of Pittsburgh closes transitional services center at AGH
LifeCare Hospitals is closing its transitional services unit in Pittsburgh, resulting in the elimination of 72 jobs.
LifeCare Hospitals of Pittsburgh SNF Unit, doing business as the Transitional Care Center on South Jackson Avenue, sent a WARN notice to the Pennsylvania Department of Labor & Industry regarding the closing of the Transitional Care Center as of June 1. But a spokeswoman said the services were discontinued April 2.
“These decisions are never easy and we deeply regret the personal…
What’s next for Union County de novo bank after it completes $22M capital raise
American Bank & Trust, the state's first startup bank in a decade, has completed an initial capital raise of $22 million.
3 South Florida executives charged in $1.2B health care fraud
The scheme allegedly pushed unnecessary products on hundreds of thousands of elderly and disabled Medicare beneficiaries.
Fintech startup Sezzle prepares for IPO on Australian exchange, raises $5.6M
Minneapolis fintech startup Sezzle Inc. expects to raise between $20 million and $30 million through an IPO on the Australian Securities Exchange.
National wealth management firm names new Houston president
Northern Trust Wealth Management named a new president for its Houston branch on April 9, according to a press release.
John Hantak, now the Houston-area president, had been managing director of Chicago-based Northern Trust Wealth Management’s Houston operations since 2014. Overall, he has more than 25 years of experience in wealth management.
Hantak is replacing Colter Lewis in his new role. Lewis had been Northern Trust Wealth Management’s Houston president since 2013, and he added the Texas…
What Edward Jones’ new managing partner is telling clients right now
Penny Pennington became managing partner of Edward Jones effective Jan. 1, overseeing $1.1 trillion in client assets and 45,000 employees. Here's what she's telling clients right now.
VCs raise massive amounts of capital in Q1, but back fewer startups
After setting an all-time high in 2018, venture capital investment maintained its momentum in the first three months of 2019. But early-stage startups are seeing less money coming their way.
According to a new report from New York-based data firm PitchBook, investors deployed $32.6 billion in VC funding between January and March. A total of 1,853 deals were tallied. That's a 10.5 percent increase in volume and a 22.5 percent decrease in deal count compared to the same time period in 2018.
But late-stage…
VC firm raises $105M for startup investments with eyes on Dallas
Looking to invest $2 million up to $10 million in promising young entrepreneurs, the three co-founders of LiveOak Venture Partners are armed with a big new war chest. They plan to — mostly — stick with the winning strategy they've developed in the past six years.