Health Tech

Austin biotech firm Molecular Templates raises $60 million, goes public

Austin-based biotechnology firm Molecular Templates is now a publicly traded company, thanks to a reverse-merger with California-based Threshold Pharmaceuticals. The company now trades under the stock ticker “MTEM” on the Nasdaq stock exchange. It’s...

Read More

With new $30M investment, medical device maker Acessa Health left California to start new chapter in Austin

It’s been a whirlwind few months for medical device maker Acessa Health. In June, the company announced it had acquired a noninvasive treatment for uterine fibroids from a California medical device company. At the same time, the company said it had...

Read More

Open Source

Fast-growing health care startup EverlyWell launches new DNA-based at-home lab tests

Austin-based startup EverlyWell is launching three new biomarker and genomics products that expand its suite of at-home testing kits. The new tests use DNA to provide information about food sensitivity, metabolism and breast milk DHA levels. EverlyWell...

Read More

Open Source

Improvements to mobile 911 calls are coming

Outages and spotty software has led to several cases in the last few years where wireless phones have had trouble making 911 emergency calls and it’s been a long road trying to get to a place where mobile phones work as well as landlines for getting...

Read More

Austin biotech company Lung Therapeutics raises $14.3 million

Austin biotech company Lung Therapeutics said Tuesday it has raised $14.3 million to help fuel its quest to develop drugs to treat fibrosis, lung injury and other diseases. The lead investor in the funding round was Bios Partners. Lung Therapeutics...

Read More

Open Source

XBiotech is officially told ‘No’ in its effort to gain European approval for its lead cancer drug

Austin biotech startup XBiotech finally got an answer from European regulatory officials about whether it  can sell and market its lead cancer drug, Xilonix, in Europe. The answer was no. The company said in a written statement that it plans to request...

Read More

Open Source

Synlogic buys struggling Austin biotech company in reverse merger deal

Struggling Austin biotech company Mirna Therapeutics has found a buyer.  Cambridge, Mass.-based Synlogic has agreed to take over Mirna Therapeutics in a reverse merger deal. That means Synlogic will receive all of Mirna’s publicly-traded shares and...

Read More

Open Source

Austin health diagnostics startup EverlyWell collects $2 million for expansion

Julia Cheek got the idea for her healthcare technology startup after having a bad experience with diagnostic testing. After spending $2,000 out-of-pocket for specialty testing, the results were confusing, and Cheek decided to create a better process...

Read More

Open Source

Yahoo Finance says it has photos of Fitbit’s upcoming smart watch

It’s a scoop, but will anyone care by fall? On Monday, Yahoo Finance posted what it claims are exclusive photos of Fitbit’s upcoming smart watch and a pair of Bluetooth headphones. The watch, which is similar in design to the company’s Blaze, was...

Read More

Open Source

Austin’s ClearData lands $12 million to ramp up health care cloud services

ClearData, which moved to Austin from Arizona last year, has raised $12 million to expand its health care cloud services and software business. Founded in 2011, the company provides cloud computing services to health care companies, helping them store...

Read More