April 18, 2017. A new batch of 13 women-led life science and healthcare startups have been accepted into Springboard Enterprises’ Health Innovation Hub, a year-long program for growth-stage companies preparing to expand and raise funds for new product development. It’s an opportunity for guidance, networking, and access to new resources. The program also aids visibility as the companies gain a foothold in their respective industries. For Geeta Singh of MAG Optics, acceptance into the new Health Innovation Hub class came at an ideal time. “We recently began to tell our story at various Med/Biotech conferences and startup challenges,” explained Singh via email. “We have to approach it judiciously and strategically and, frankly, we need a little guidance on how to navigate our story. The powerhouse network, the breadth and depth of industry and domain experts as well as Springboard’s rigorous program couldn’t have presented at a more perfect time.” Springboard has a solid track record of success. Over 17 years, the non-profit has supported 669 women leaders globally, from companies that have now raised a combined $7.5 billion. Four out of five of those startups are still in business today. Here’s an overview of the 2017 class that will be formally welcomed at a networking event in Boston on Tuesday night. read more
Thirteen startups join Springboard’s Health Innovation Hub
As a result, currently 8 out of 9 drugs tested for cardiotoxicity fail in clinical trials, after spending significant time.