Health Tech

Genprex, Austin startup developing anti-lung cancer treatments, raises millions in IPO

Genprex, a startup developing anti-cancer therapies, is Austin’s newest publicly traded company. The biotech company’s shares debuted Thursday at an initial public offering price of $5. Genprex offered 1.28 million common shares in the IPO, as well...

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Austin’s Accruent acquires California-based healthcare technology company

Austin-based Accruent is continuing its buying spree with the acquisition of a California-based software maker Connectiv. Financial terms of the deal were not disclosed. Accruent, which develops real estate, facilities and equipment management software...

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Open Source

Austin health tech startup Keet acquired by Portland company

Austin-based Keet Health, a communication platform for medical providers, has been acquired by Clinicient, a Portland-based outpatient rehabilitation software maker. Financial terms of the deal were not disclosed. Clinicient, founded in 2004, helps...

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Open Source

Talking about the problems with electronic medical records on Texas Standard

This week on the “Texas Standard” radio program, we discussed the embattled arena of electronic health records. About 10 years ago, a big movement began to digitize healthcare, but there have been major bumps along the road. Are things getting better?...

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Dr. Mehmet Oz shows off VR project ‘YOU’ at Austin’s Microsoft Store

On Thursday, Dr. Mehmet Oz (known on TV as simply “Dr. Oz”) was in Austin to demonstrate some virtual-reality software he said will help doctors improve care for their patients. “YOU,” which in the demonstration was focused on close-up examination...

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Open Source

Austin biotech firm gets $4M in drug development grants

Austin-based Pain Therapeutics has received two grants totaling $4 million to continue its development of two drugs. The news sent shares of the company up more than 8 percent. The drug development company, which was founded in 1998, was awarded a...

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A&M gets $20 million grant to develop implanted health sensors

Texas A&M University researchers will lead a $20 million federally funded program to develop under-the-skin sensors and hand-held devices for tracking health conditions, especially for people who, for geographical or income reasons, lack ready...

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After patient deaths, Austin’s Apollo Endosurgery involved in FDA investigation

After five people died since January 2016 following surgery to insert an inflatable balloon into their stomachs to treat obesity, the U.S. Food and Drug Administration is investigating whether that medical device is to blame for their deaths.  Included...

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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...

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