Super Early Bird Rates End Tomorrow

6 Oct

By Antoinette Lowre, Manager of Business Development, LSN

Digital RESI, November 15-16, 2022 is a virtual-only dedicated partnering event designed to facilitate well-fitting meetings through matching attendees based on product and stage of development. What sets Digital RESI dedicated partnering apart from the Digital RESI 3-Day events and Hybrid RESIs is the focus on virtual partnering. Digital RESI is designed to make partnering between major events simpler by connecting startups with investors and channel partners who are a fit for their product and stage of development.

Digital RESI can be optimized without travel and at a reasonable rate for busy early-stage entrepreneurs. View a tutorial of the partnering platform here! The super early bird rates end tomorrow, Friday, October 7. Early-stage startups can save $300 when they register by tomorrow!

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Hot Investor Mandate: USA-Based Single Family Office Invests in North American Companies Developing Breakthrough Life Science Technologies in Gene Therapies, Orthopedics, and More

6 Oct

A single family office representing USA-based family interests is very flexible in terms of investment size, but are generally looking to invest a minimum of $.5 million per round, depending upon size of round and estimated capital call. The firm prefers A round and later stage companies. Pre-A interest depends upon technology stage. Currently, the firm is investing only in companies based in North America.

The firm is looking for breakthrough technologies with a strong social ethos in the Therapeutics, Medical Devices, and Diagnostics Sectors that address underserved medical needs or provide innovative and disruptive approaches to common medical procedures and treatments. Currently, of particular interest are optical or sound-based technologies, devices that supplant drug use, orthopedics, gene/nucleic acid-based therapies, immuno-oncology and therapies correcting or treating loss of senses.

The firm is currently reviewing co-investment opportunities in private companies and on an opportunistic basis, considering investment in micro-and small-cap public companies as a direct investor. The firm is looking for companies that have already raised seed financing and have received allowance of claims by the USPTO.


If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Hot Investor Mandate: Investment Firm in USA Allocates Up to $30M in Medical Devices, Diagnostics, Digital Health Companies, Primarily Looking Into the Boston Area

6 Oct

A venture capital firm headquartered in the USA. With about USD 600 million in assets under management, the firm looks to participate in pre-seed to pre-IPO funding. The firm launched a second fund expects to complete fundraising by Q2 2023. The firm will typically make between 15 and 20 new investments per year and will typically make follow up investments in existing portfolio companies. Typical investments range between USD 100 thousand and USD 30 million. The firm will utilize various capital structures as determined on a case-by-case basis including equity investments debt, convertible loans, and SAFEs. The firm invests primarily in companies in the Boston area.

The firm will make investments across all modalities within the medical devices, diagnostics, and digital health sectors. The firm has made and will consider investments in therapeutics as well but prefers to focus on platform technologies. The firm will invest in therapeutics that are pre-NDA as well as medical and diagnostic technology that is in development and clinical. The firm will invest in all classes of medical devices including Class II (510k) and Class III (PMA). The firm is disease agnostic and will consider companies across all indications.

The firm will work with both experienced and inexperienced management teams but tends to avoid management teams led by a journeyman CEO. The firm will participate as a lead investor, co-investor, and follow-on investor. The firm will take an active board seat if acting as the lead investor but tends to take a board observer seat if acting as a co-investor. The firm will not take any board seat if acting as a follow-on investor.


If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Hot Investor Mandate: Corporate VC Firm of Medical Device Company Invests Globally in Digital Solutions Improving Healthcare

6 Oct

A corporate venture capital firm is focused on early stage investment to support founders and their teams advance healthcare solutions. The team originated at a medical device company that has worked with researchers and physicians for more than 50 years to develop more effective tools. The firm makes initial investments in pre-seed and seed rounds (with reserve to follow in A rounds) as a dedicated partner working closely with startups to advance technologies and build companies. Initial investment ranges from $100k-$1M. The firm has a global presence and is open to early-stage companies from around the world.

The firm’s investment focus is digital solutions to improving healthcare. The firm is open to investing in companies across all stages of development.

The firm has no strict requirements for companies or management teams.


If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Hot Investor Mandate: China-Based VC Fund Invests Broadly Across All Life Science Companies, Generally Investing Earlier in Therapeutics and Later in Devices

6 Oct

One of the earliest venture capital funds active in Greater China is the proprietary venture capital and private equity arm of a world’s leading asset management organization with operations around the globe. Since inception, the firm has developed a broad footprint across Asia, with offices in Beijing, Shanghai, Hong Kong, Delhi, Mumbai and Tokyo. The firm specializes in green-field, early and growth stage investments.

Within life sciences, the firm works on a wide range of technology sectors including therapeutics, medical devices, diagnostics, biotech R&D services, healthcare IT, and healthcare services. The firm is very opportunistic in terms of subsectors and indications but historically has been active in biosimilars and biotech R&D. The firm evaluates technologies based on two main criteria: meaningful impact on human health; bold and innovative ideas. The firm has no specific preference in the investment stage. However, the firm generally invests in earlier stage for therapeutics and R&D and later stage for medical devices, but seeds have been done with exceptional founding teams.

The firm is seeking companies with a strong and experienced management team. The firm is flexible when it comes to post-investment board representation.


If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Innovator’s Pitch Challenge Winners at RESI Boston

29 Sep

By Claire Jeong, Chief Conference Officer, Vice President of Investor Research, Asia BD, LSN

claire

Last week, we organized a very successful multi-day Redefining Early Stage Investments (RESI) event, which was our first in-person event in 2+ years! At RESI Boston, we had 61 companies participate in the Innovator’s Pitch Challenge (IPC). These finalist companies pitched to a judging panel and a full audience and exhibited a poster showcasing their technology. All attendees were provided with “RESI Cash” to vote for their favorite innovators.

RESI Boston 2022 Innovator’s Pitch Challenge Winners

1st Place – Suma

1st-winner

Denice Wharton, Founder/CEO of Suma

Suma is an online management system that simplifies and streamlines the licensing and renewal process for medical professionals. Initially, our product will target workers that have an increased labor market dropout risk yet are in high demand, highly diverse and have high care impact. Certified Nurse Assistants (CNA) and Home Health Aides (HHA) provide basic direct patient care, measure vitals and help patients with activities of daily living (ADL) such as feeding, grooming, bathing, etc. They work predominantly in nursing homes, home health agencies, hospitals, and other long-term care settings caring for the elderly, sick and/or disabled. These positions are held mostly by people of color, women, immigrants, low income and at-risk populations, and are considered entry-level nursing positions. There is an overwhelming need for these healthcare workers nationwide and creating an easy way to maintain their employment will provide resources for our economy and save businesses thousands of dollars every year.


2nd Place – Leuko Labs

2nd-winner

Carlos Castro Gonzalez, CEO of Leuko Labs

Leuko is an MIT spinout developing PointCheckTM, the world’s first medical device that can monitor white blood cells non-invasively. By enabling more frequent at-home monitoring, Leuko aims to improve clinical outcomes for more than 2M cancer chemotherapy patients a year, reduce their chemotherapy-related hospital readmissions by 50% and save >$6B annually in healthcare cost.


3rd Place – RudaCure

3rd-winner

Yong Ho Kim, CEO of RUDACURE

RudaCure is a clinical stage bio-pharmaceutical start-up founded in 2018 and based in South Korea that is developing medicines for incurable diseases based on the most advanced life-science technologies to help improve human lives. By developing treatment techniques for intractable and incurable diseases, RudaCure will solve its unmet needs and treat the physical and mental pain for patients suffering from them. With creative pharmaceutical development and biomedical research, RudaCure is on the path to grow into a global pharmaceutical company.

Current main products in development include RCI001 for dry eye disease, which is in pre-IND phase and awaiting to start Phase 2 FDA clinical trials next year. RudaCure also plan to secure additional indications for RCI001 including conjunctivitis, keratitis and corneal ulcers. Second in development is RCI002, which is a non-opioid treatment for neuropathic and chronic pain currently in optimization stage. Other early stage products in development include treatments for atopic dermatitis, metastasis and CRPS.

Since April of 2021, RudaCure has successfully licensed-out RCI001 to Hanlim Pharm for domestic rights in a $12 million deal, and is currently looking for more investors and partners to license-out for international markets. Helping RudaCure along the way, are start-up accelerators MassChallenge and Shinhan Square Bridge, which are both helping RudaCure enter the US market.

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Digital RESI November Registration Opens

29 Sep

By Alexander Vassallo, Manager of Business Development West Coast (US), Entrepreneurial Education Lead, LSN

With over 2,700 early-stage fundraising executives, active investors, strategic partners, and licensing collaborators having attended RESI events in 2022, Life Science Nation (LSN) is proud to announce the opening of our final partnering event for the year – Digital RESI November. Over the course of two days of dedicated virtual partnering November 15-16, Digital RESI November will serve as an exciting platform for innovative technology assets to be met with active capital and professional services.

The format for Digital RESI November will differ slightly from previous editions of the partnering conference. The two days will be purely dedicated to partnering, as the Innovator’s Pitch Challenge (IPC) and our industry-standard panels, workshops, and content will rejoin RESI in January, 2023 as RESI heads to San Francisco for JPM week. All attendees will have access to 96 30-minute slots during the two-day partnering conference with which they can continue the conversation with existing partners and establish the dialogue with new ones.

As LSN once again welcomes life science startups (across the domains of therapeutics, medical devices, diagnostics, and digital health) looking for capital and partners, active investors looking for novel technology assets, and strategic partners looking for exciting companies to add to their portfolio to the RESI platform this November, we would also like to take the time to thank the 2,700+ attendees who have previously attended RESI this year. We are proud to have facilitated the growth of the global early-stage life science sector and look forward to seeing you all virtually for the final partnering event of 2022.

SAVE $300 on Super Early Bird Rates by Friday, October 7.

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