Author: BlueStone News
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GT Med Tech Recognized as Innovator of the Year at Governor’s Celebration of Innovation Award Ceremony
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Phoenix, AZ – BlueStone portfolio company, GT Medical Technologies, Inc. received the Innovator of the Year Award in the Small Company category (companies with less than $50M in revenue) at the Governor’s Celebration of Innovation, an awards ceremony put on by the Arizona Technology Council and the Arizona Commerce Authority. READ MORE
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Akadeum Life Sciences, Inc. Raises $17.5M Financing Round Led by Arboretum Ventures
Ann Arbor, MI – Akadeum Life Sciences, Inc., today announced the closing of an oversubscribed $17.5 million Series B financing led by Arboretum Ventures. Investors in the round also included Beringea, Agilent Technologies, Lifespan Ventures, BlueStone Venture Partners, Berkeley Catalyst Fund, Michigan Capital Network, Michigan Rise, The University of Michigan, and others. The Company also announced that Dan Kidle, Managing Partner at Arboretum Ventures, has joined…
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GT Medical Technologies Presents Clinical Data on GammaTile® Therapy for Brain Tumors at the 2021 American Association of Neurological Surgeons Scientific Virtual Meeting
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Tempe, AZ – GT Medical Technologies, Inc. today announced it is presenting clinical data in two oral presentations on the company’s breakthrough GammaTile® Therapy for patients with brain tumors at the 2021 American Association of Neurological Surgeons (AANS) Annual Scientific Meeting. The presenting authors, Dr. David Brachman, co-founder and CTO at GT Medical Technologies and Dr. Mehee Choi, director…
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Boston-based tech company raises $8M to develop AI-powered CVD software
Boston, MA – Elucid, a Boston-based healthcare technology company focused on improving care for cardiovascular disease (CVD), has raised $8 million in Series A financing. Elucid will use the funding to continue work on its AI-based software designed to detect signs of CVD. “This latest round of financing will enable us to continue advancing our…
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Pyx Health Receives Strategic Investment from Rallyday Partners. BlueStone Participates in Round as Company Sees 2,000% Growth and Doubles Users of Solution to Combat Loneliness Epidemic
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Tucson, AZ – Pyx Health, a tech-enabled services company providing health plans and their members an innovative, scalable solution that effectively addresses the nation’s critical loneliness epidemic, announced today that it has received a strategic investment from Rallyday Partners, a Denver-based private equity investment firm. The funding will enable Pyx Health to enhance and scale its service…
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Banner University Health Plans Reduces Hospital & Emergency Department Utilization Using Pyx Health’s Platform to Address Loneliness
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Tucson, AZ – Pyx Health, a tech-enabled services company providing health plans and their members an innovative, scalable solution that effectively addresses A white paper reveals that Banner University Health Plans’ use of a novel interactive platform-plus-support center with members after discharge from emergency room or inpatient care resulted in a substantial reduction in subsequent inpatient costs…
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2020 list of Gamma Tile Publications and Abstracts
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Tempe, AZ – GT Medical Technologies Inc. had a very productive year in 2020 when it came to publishing about key aspects of GammaTile® Therapy. This included 4 publications in peer-reviewed journals, 9 abstracts presented at a variety of industry conferences, and 1 white paper detailing access to care for radiation therapy in the US. READ MORE
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Tempe brain tumor therapy company garners $16M in capital raise
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GT Medical Technologies Inc. has raised $16 million to expand its commercialization of a targeted radiation therapy for patients with brain tumors. Led by London-based private equity firm MVM Partners LLP, this latest round follows a $10 million raise in early 2019, bringing its total raise to $29 million. Existing investors San Francisco-based MedTech Venture…
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GT Medical Technologies Announces Data Demonstrating Positive Local Control and Safety Outcomes with GammaTile Therapy for Large Brain Metastases
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Tempe, Arizona – BlueStone portfolio company, GT Medical Technologies, today announced new data from a clinical study of the company’s GammaTile® Therapy in patients with large brain metastases, or tumors that spread to the brain from cancer in another part of the body. Approximately 150,000 – 200,000 people are diagnosed with brain metastases each year in the…
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The Rockefeller Foundation Launches New Testing Strategy to Keep U.S. Economy Open
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New York – BlueStone Managing Director, Mara Aspinall, in conjunction with other contributors, collaborated with the Rockefeller Foundation, to help launch its second National Covid-19 Testing & Tracing Action Plan. The plan offers four sets of recommendations, including a national strategy for scaling up the use of Covid-19 screening tests for asymptomatic Americans, the plan requires at least…
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GT Medical Technologies, Inc. 20 Medical Device Startups You Need to Know
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Tempe, Arizona – BlueStone portfolio company, GT Medical Technologies, was named to Medical Design & Outsourcing 20 Medical Device Startups You Need to Know List. READ MORE
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HEALTH CATALYSTS: 2019 DIAGNOSTICS YEAR IN REVIEW
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Tucson, AZ –BlueStone Managing Director, Mara Aspinall has published her 2019 annual market review for the diagnostics industry via her healthcare advisory entity, Health Catalysts Group. READ MORE
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Bioscience Startups Find Success in Tucson: Region Draws More Drug, Device and Therapeutic Companies
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Tucson, AZ –BlueStone Managing Director, Mara Aspinall, was quoted in the Spring 2020 issue of BizTucson, a regional business magazine. “I believe we’re getting to that tipping point where there are enough companies and enough buzz about the fact that Tucson is the place to be, especially in diagnostics and devices because we have the…
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GT Medical Technologies, Inc. named to FierceMedTech’s 2019 Fierce 15 List
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Tempe, Arizona –The MedTech world is about more than just building better medical devices. It’s also about technologies that, when applied with ingenuity, can help accelerate the entire biopharma enterprise. This means leveraging CRISPR-based gene-editing techniques to make it cheaper and easier to translate ideas into therapies, or to build more-sensitive and shelf-stable diagnostic tests—or even to make…
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BlueStone Portfolio Company, Paradigm Diagnostics, Inc. Acquired by Exact Sciences Corporation
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Tucson, Arizona –BlueStone Venture Partners announces the acquisition of one of its portfolio companies, Paradigm Diagnostics, Inc (“Paradigm”) by Exact Sciences Corporation (“Exact Sciences”). On March 3, Exact Sciences of Madison, Wisconsin, announced the completion of its acquisition of Paradigm and Viomics, cancer diagnostics companies based in Phoenix, Arizona. Paradigm enables Exact Sciences to expand its…
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GT Medical Technologies Announces FDA Clearance of Expanded Indication for GammaTile Therapy
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Tempe, Arizona –GT Medical Technologies, Inc., a company dedicated to improving the lives of patients with brain tumors, today announced that the U.S. Food and Drug Administration (FDA) has cleared an expanded indication for GammaTile® Therapy. Patients with newly diagnosed malignant brain tumors are now eligible to receive the FDA-cleared surgically targeted radiation therapy (STaRT) We are…
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BlueStone Managing Director Mara Aspinall named to 2019 Most Influential Corporate Directors List by WomenInc. Magazine
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Brentwood, Tennessee –BlueStone Managing Director, Mara Aspinall, today was named to WomenInc. Magazine’s 2019 Most Influential Corporate Directors list. Mara was named in the upcoming winter 2019 edition magazine and recognized for her public company board roles: Allscripts HealthcareSolutions, Inc., OraSure Technologies, Inc. As a leading business magazine reporting on women’s success and achievement, the WomenInc.’s Most Influential Corporate Directors issue is…
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GT Medical Technologies, Inc. to be honored with an AZBio Fast Lane Award
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Chandler, Arizona –The Arizona Bioindustry Association (AZBio) today announced that GT Medical Technologies, Inc. (GT MedTech) has been named an AZBio Fast Lane Company and will be honored on October 2, 2019 at the AZBio Awards. Approximately 400,000 Americans are newly diagnosed with some type of brain tumor each year. For decades, clinicians have sought better treatments for these…
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GT Medical Technologies Announces Completion of First Case in Arizona to Use GammaTile Therapy
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Scottsdale, Arizona & Tempe, Arizona – HonorHealth Scottsdale Osborn Medical Center is the first hospital in Arizona to begin offering GammaTile Therapy™, a new approach to treating recurrent brain tumors. GammaTile Therapy is an FDA-cleared, surgically targeted radiation therapy (STaRT) that is designed to delay tumor regrowth for patients with all types of recurrent brain tumors.…
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GT Medical Technologies Announces Presentation of Data Demonstrating the Safety Profile of GammaTile Therapy for Various Brain Tumors
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Tempe, Arizona – GT Medical Technologies, Inc., a company dedicated to improving the lives of patients with brain tumors, today announced the presentation of clinical data from a prospective study of GammaTile® Therapy in patients with previously irradiated intracranial neoplasms (brain tumors) at the American Brachytherapy Society (ABS) 2019 Annual Meeting in Miami. These data reinforce the…