Companies present medical device innovations, technology at MassMEDIC conference
BOSTON Twenty-five entrepreneurs’ companies got 10 minutes each to present medical devices they developed to venture capitalists and leaders of the medical device industry at an annual investors show in Boston Friday.
The MassMEDIC MedTech Investors Conference took place at the University of Massachusetts Boston campus, attracting start-ups that developed medical devices ranging from one that doctors can implant at the site of a spinal-cord injury to prevent further damage and stimulate neuroplastic repair processes to one that can detect more than 50 genetic disorders before conception.
“More than ever, it is imperative that our medical device companies continue to play a major role in the global healthcare arena,” MassMEDIC president Tom Sommer said in a statement. “It’s not only critical to the advancement of medical technologies and treatment; it’s vital for the state’s economy.”
Sepracor may get incentives to keep its business local
MARLBOROUGH, Mass. Drug maker Sepracor might get tax breaks for building in its hometown.
The MetroWest Daily News reports that the company is constructing new buildings in Marlborough, Mass., and will create 250 new jobs. Local officials proposed the tax breaks to give Sepracor incentives for further development, and the company may save $4.1 million.
The city’s finance committee will vote on the proposal Monday.
H-E-B, RediClinic open largest U.S. retail clinic in Houston area
HOUSTON Clinic operator RediClinic has opened its 15th Houston-area convenient care clinic in the new H-E-B store that, according to the Convenient Care Association, is the largest retail-based clinic in the United States.
The 926-square-foot clinic features three exam rooms and a room specifically for blood draws.
“We are delighted to be expanding out footprint in our home market with the opening of our 15th Greater Houston clinic,” said Web Golinkin, chief executive officer of RediClinic. “The larger clinic design in H-E-B’s new Bunker Hill store enables us to treat more patients and gives us more flexibility in adding new services.”
RediClinic operates 21 clinics in H-E-B stores in Houston and Austin; and 15 clinics in Wal-Mart stores in Atlanta, Ga.; Fayetteville and Rogers, Ark.; Richmond, Va.; and Tulsa, Okla.