ANN ARBOR—Esperion Therapeutics Inc. announced the appointment of Sheldon Koenig as president, CEO, and board member, effective immediately. He succeeds Tim Mayleben, whom company officials said “decided to step down” after a decade as the company’s CEO. Mayleben will continue to serve as a senior advisor “to help ensure a smooth transition,” company officials said
KALAMAZOO - Stryker and Minor League Baseball have entered into a first-of-its-kind multiyear national partnership, designating the medical device company as The Official SmartRobotics Joint Replacement Partner of Minor League Baseball. Stryker is also the presenting partner of Own the Walk – the first national platform that encourages fans of all ages to stay active
DETROIT – Henry Ford Innovations, in partnership with Google Cloud and Miracle Software Systems, will launch an international competition hosted in Detroit, inviting entrepreneurs to propose their top ideas for reducing health inequities through the use of digital technology. Henry Ford Innovations is the innovations arm of Detroit-based Henry Ford Health System. The winner will
ANN ARBOR—Esperion Therapeutics, developers of a novel class of cholesterol-reducing drugs, announced that an investor group led by New York City-based Oberland Capital Management LLC agreed to provide the third and final tranche of funding under the revenue-based funding agreement totaling $50 million. The remaining funds are being released sooner than expected and in parallel
ANN-ARBOR—Genomenon, the genetics informatics company, has completed a $5.3 million financing round, company officials announced. The financing will enable the company to expand its commercial operations, which serve genetic testing labs, hospitals, pharmaceutical and biopharma companies. New investors in this round of financing included BroadOak Capital Partners LLC of Bethesda, Md., Green Park & Golf
LIVONIA – Hygieia, a digital health company for insulin therapy management, has appointed Ted Bucknam as president. Bucknam will spearhead the company’s clinical expansion, working with endocrinologists, referring physicians and clinic partners throughout Michigan and the U.S. Bucknam’s decades in healthcare operations include senior leadership positions with Concentra, Inc., a national provider of occupational medicine
ANN ARBOR - Swift Biosciences, a pioneer in the development of Next-Generation Sequencing library preparation genomics kits for academic, translational, and clinical research, has been acquired by Integrated DNA Technologies, an Iowa-based comprehensive genomics solutions provider. Terms were not announced. IDT develops and makes nucleic acid products for academic and commercial research, agriculture, medical diagnostics,
DETROIT - Several Metro Detroit and Michigan hospitals have been recognized as some of the best in the country and in the world by American news magazine Newsweek, including Michigan Medicine and Beaumont. For its third consecutive year, Newsweek has published its list of the “World’s Best Hospitals 2021,” in which global data is used
ANN ARBOR - Sabastian Alvim from Flint's XlerateHealth said his accelerator is seeking applicants from healthcare startups and early stage companies to participate in its July cohort. Only six companies will be selected. But here are some of the details: Calling all Flint and Genesee county healthcare entrepreneurs, innovators and startups! Apply for the 2021
ANN ARBOR - Jeff Leismer, the CEO of VibeTech, a Wisconsin-based vibration rehabilitation therapy, is now working with Metal Components of Grand Rapids, MI., to build a portable version of its therapeutic device that can help people with leg injuries regain bone and muscle mass. VibeTech Enterprises LLC has cut a deal with Grand Rapids-based
