Myomo Reports Fourth Quarter and Full Year 2022 Financial ResultAntonette HoMyomo, Inc., a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, today announced financial results for the three months and full year ended December, 31, 2022. inancial and operational highlights for the fourth quarter of 2022 include the following: Product and total revenues were $4.0 million, up 2% sequentially and similar to the prior year quarter; Revenue units were 101, up 16% sequentially and down 6% compared with the prior year...
Akston Biosciences Ends Vaccine Partnership with Stelis, Continues to Advance COVID Universal Booster EUAAntonette HoAkston Biosciences Corporation, a developer of new classes of biologic therapeutics, announced today it has ended its AKS-452 licensing, manufacturing, and commercialization agreement with Stelis Biopharma Limited, an arm of Strides Pharma Science Ltd. Akston has reclaimed all rights to AKS-452, a room temperature stable, low-cost, protein subunit COVID-19 vaccine. AKS-452 has completed a Phase II/III clinical trial in India, with data showing robust safety profile and a 91% seroconversion rate at Day 56. Akston is now working with a...
Candidly picks up student debt relief where new US policies leave offAntonette HoWhile some fintech companies have taken the borrower approach, others are looking at it from an employee benefit perspective and attracting interest from venture capital investors. Those include Goodly, Highway Benefits, which announced $3.1 million in seed funding last week, and Candidly, which announced $20.5 million in Series B funding today. Read more >>
Candidly Raises $20.5 Million to Help Millions of Americans Repay Student Debt and Build SavingsAntonette HoCandidly, the market’s most comprehensive student debt and savings optimization platform, today announced it raised $20.5M in a Series B round of financing, led by Altos Ventures, with follow-on participation from Cercano Management. The Series B financing follows a year of record growth in which the company saw 10x revenue growth and a 3,600% increase of payments flowing through the Candidly platform. Read more >>
What Will The Future Hold For Celebrity Endorsements In The Wine IndustryAntonette HoWhile celebrity endorsements and entertainment value remain most relevant in the wine industry, the company is forging a new avenue for brands, retailers, and consumers to pursue. Whilst endorsements still happen brands are more so than ever looking to expand their relationship with talent to make it more authentic. Canned wine company Archer Roose, founded by Marian Leitner-Waldman and started in 2014, is a prime example of this through its partnership with Cocaine Bear star Elizabeth Banks. Banks has been...
OmniLife Health Survey Shows Rapid Adoption of Clinical Workflow Automation Among U.S. Healthcare OrganizationsAntonette HoHealthcare organizations nationwide are increasing their use of clinical workflow automation (CWA) software to enhance productivity, reduce costs and improve patient outcomes, particularly in complex care environments. This is one of several key learnings from a recent Becker’s Healthcare benchmark survey of health systems, hospitals and transplant centers in partnership with OmniLife Health in late 2022.