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Tag: Startups

Angel Investing / Startups

Report: 1,322 Michigan angels invested $73.6 million

ANN ARBOR—The Michigan “angel investor” community released its 2019 annual research report, showing an increase in the number of angel investors and the amount they invested in Michigan startups last …

Pitch Competitions / Startups / Venture Capital

Michigan Growth Capital Symposium moves online, to feature more than 50 companies

ANN ARBOR—The Michigan Growth Capital Symposium, the Midwest’s oldest and largest event for young companies seeking capital, will be held online Tuesday, May 5 as the Midwest Venture Showcase 2020. …

Pharmaceuticals

Esperion’s new cholesterol-buster hits the market

ANN ARBOR—After years of development, Nexletol, the new cholesterol-reducer from Ann Arbor’s Esperion Therapeutics Inc., is now on the market and available in pharmacies in the United States. Nexletol uses …

Pharmaceuticals / Startups

Esperion gets FDA OK for another new cholesterol-buster, offers financial update

ANN ARBOR—Esperion Therapeutics Inc. (Nasdaq: ESPR) announced U.S. Food and Drug Administration approval of Nexlizet, a combination tablet of Esperion’s new non-statin cholesterol reducing drug bempedoic acid and an earlier …

Economic Development / Mobility Industry

PlanetM to assist four Michigan mobility startups

LANSING—PlanetM, the mobility initiative of the Michigan Economic Development Corp., announced a fourth round of PlanetM Mobility Grants to four mobility and technology companies. PlanetM Mobility Grants are designed to …

Pharmaceuticals / Startups

Millendo names chief commercial officer

ANN ARBOR—Millendo Therapeutics Inc. (Nasdaq: MLND), the developer of new endocrine drugs, announced the promotion of Thomas Hoover to the newly created position of chief commercial officer. Hoover joined Millendo …

Auto Suppliers / Autonomous Vehicles / Connected Vehicles / Venture Capital

Lear invests in Silicon Valley venture firm

SOUTHFIELD—Lear Corp. (NYSE: LEA), the automotive interiors technology developer, announced an undisclosed investment in Menlo Park, Calif.-based Autotech Ventures to support startups developing new mobility technologies. The investment is being …

Cancer Diagnosis and Treatment / Genomics / Startups / Venture Capital

Cancer screening startup raises $22M

ROYAL OAK—OncoCell MDx Inc., a startup incubated at Harvard University to develop sophisticated cancer diagnosis from a simple blood sample, announced that it has raised $22.2 million in a Preferred …

Clinical Trials / Pharmaceuticals / Startups

GR Alzheimer’s drug developer changes name

GRAND RAPIDS—Tetra Discovery Partners, a clinical-stage biotechnology company, announced the company’s name change to Tetra Therapeutics. The name change reflects the company’s transition from a company focused on discovery research …

Battery Technology / Startups / Venture Capital

High-tech battery startup closes venture funding round

WEST BLOOMFIELD TWP.—Intecells Inc., a developer of advanced manufacturing technology for lithium-ion batteries, announced the closing of a Series A funding round, led by  San Francisco-based Walden International and its …

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