{"id":629215,"date":"2023-08-09T05:00:21","date_gmt":"2023-08-09T12:00:21","guid":{"rendered":"https:\/\/staging6.connect.org\/?p=629215"},"modified":"2025-01-29T12:20:51","modified_gmt":"2025-01-29T20:20:51","slug":"springboard-corner-august-2023","status":"publish","type":"post","link":"https:\/\/connect.org\/springboard-corner-august-2023\/","title":{"rendered":"Springboard Corner: August 2023"},"content":{"rendered":"<h2 style=\"text-align: center;\">Innovate &amp; Elevate<\/h2>\n<p style=\"text-align: center;\">Greetings and welcome back to the Springboard Corner, where we showcase and spotlight the latest achievements from life science and hi-tech startups that have been part of Connect&#8217;s Springboard program.<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: center;\">Congratulations to the Entire DTx Team!<\/h2>\n<p>DTx Pharma had a big announcement last month after being acquired by pharma giant Novartis. A leader in developing novel RNA-based therapeutics using their proprietary drug delivery platform FALCON\u2122 (Fatty Acid Ligand Conjugated OligoNucleotides), the company will receive $500M plus an additional $500M upon completion of pre-determined milestones.<\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: center;\">Company Updates &amp; Milestones<\/h2>\n<p><a href=\"https:\/\/www.aivocode.com\/\" target=\"_blank\" rel=\"noopener\">AivoCode<\/a> &#8211; founded in 2016, AivoCode is a biotech company developing innovative therapies to treat various neurological diseases. A spinout from the Sanford Burnham Prebys Medical Discovery Institute, the company was recently awarded a $2.5M SBIR Ph-2 grant from the National Institutes of Health National Institute of Neurological Disorders and Stroke (NIH-NINDS). The funding will be used to further advance the development of their novel peptide for the potential treatment of traumatic brain injury.<\/p>\n<hr \/>\n<p><a href=\"https:\/\/dermtech.com\/\" target=\"_blank\" rel=\"noopener\">Dermtech<\/a> &#8211; a global leader in precision medicine diagnostics for early detection of skin cancers using their non-invasive DermTech Melanoma Test (DMT), continues to add new insurance payers around the country to cover this test for their members. Most recently, Highmark Inc., one of the largest Blues plans in the U.S., signed on. This brings the total covered lives to 133 million.<\/p>\n<hr \/>\n<p><a href=\"https:\/\/nanocellect.com\/\" target=\"_blank\" rel=\"noopener\">NanoCellect Biomedical<\/a> &#8211; a leader in cell analysis and sorting solutions using microfluidics, they recently closed a $28.9M, later VC-stage funding round, to continue to grow and scale their product line.<\/p>\n<hr \/>\n<p><a href=\"https:\/\/shadowbox.com\/\" target=\"_blank\" rel=\"noopener\">ShadowBox<\/a> &#8211; an innovator in developing a cloud-based workflow automation platform for healthcare providers, the company recently achieved System and Organization Control (SOC) 2 Type II compliance. SOC 2 is an information security standard developed by the American Institute of Certified Public Accountants (AICPA). Receiving this independent validation further highlights the high level of security and privacy controls embedded in their platform.<\/p>\n<hr \/>\n<p><a href=\"https:\/\/www.welby.care\/\" target=\"_blank\" rel=\"noopener\">Welby Health<\/a> &#8211; a digital health company which has developed an automated care management platform for physician practices to effectively manage patients, recently announced an agreement with Athena Health, through the company\u2019s athenahealth\u00ae Marketplace Program. By joining this program, the Welby Health platform becomes available to all providers and medical groups within the athenahealth network.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"et_pb_module et_pb_post_content et_pb_post_content_0_tb_body\">\n<div class=\"et-l et-l--post\">\n<div class=\"et_builder_inner_content et_pb_gutters3\">\n<div class=\"et_pb_section et_pb_section_0 et_section_regular\">\n<div class=\"et_pb_row et_pb_row_8\">\n<div class=\"et_pb_column et_pb_column_4_4 et_pb_column_11 et_pb_css_mix_blend_mode_passthrough et-last-child\">\n<div class=\"et_pb_module et_pb_text et_pb_text_8 et_pb_text_align_left et_pb_bg_layout_light\">\n<div class=\"et_pb_text_inner\">\n<p style=\"text-align: center;\">Thank you for reading this month&#8217;s edition of Springboard Corner, and stay tuned for more great news from Connect&#8217;s Springboard Companies!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Innovate &amp; Elevate Greetings and welcome back to the Springboard Corner, where we showcase and spotlight the latest achievements from life science and hi-tech startups that have been part of Connect&#8217;s Springboard program. &nbsp; Congratulations to the Entire DTx Team! DTx Pharma had a big announcement last month after being acquired by pharma giant Novartis. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":623323,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[14],"tags":[21],"class_list":["post-629215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-springboard","tag-springboard-corner"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Springboard Corner: August 2023 - Connect Foundation<\/title>\n<meta name=\"description\" content=\"Springboard Corner, highlighting recent milestones of life science and tech startups which participated in Connect\u2019s Springboard program.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/connect.org\/springboard-corner-august-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Springboard Corner: August 2023 - 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