Biotechnology

Noteworthy Industry Profiles


Littleton sleep-health company touts new insomnia study as growth opportunity

A Littleton-based medical technology company, Vivos Therapeutics, says new study results could help it expand into the large insomnia-treatment market, potentially creating new business growth from a product it already sells through its provider network. For Jefferson County’s business community, the announcement is most relevant because it comes from a nearby public company in the…more

Vivos gets time to complete debt plan, stay on Nasdaq

Littleton-based Vivos Therapeutics said it has secured more time under a financing agreement that could convert up to $4.5 million of debt into stock, giving the company added flexibility to raise capital and support its efforts to remain listed on Nasdaq. For Jefferson County’s business community, the update matters because it involves a local public…more

Westminster cancer-tech company spotlights new liver cancer data in investor event

Westminster-based TriSalus Life Sciences is using a June 24 virtual event to showcase new evidence tied to its liver cancer treatment-delivery technology, putting another spotlight on a local public company working to grow in the healthcare and medical technology sector. For Jefferson County’s business community, the announcement matters because it involves a nearby employer and…more

Golden biotech unit targets $150M spinout in public-market deal

Aditxt said its Golden-based subsidiary, Ignite Proteomics, has signed a deal that values the company at about $150 million and is expected to take it public as a separate business. The announcement matters locally because Ignite is based in Golden, giving Jefferson County a direct connection to a potentially significant growth and capital-markets event in…more

Broomfield health tech company fends off buyout bid

Aclarion, a Broomfield healthcare technology company, said its board has rejected an unsolicited takeover offer from Echo Lake Capital, arguing the bid undervalues the business and its future prospects. For Jefferson County’s business community, the decision matters because it involves a nearby public company in the region’s health and technology economy and signals that local…more

Broomfield’s Aclarion Expands Nociscan Reach With Los Angeles Neuroscience Partner

Aclarion Inc., a Broomfield-based healthcare technology company, said June 3 it has signed an agreement with the Los Angeles-based Institute of Neuro Innovation to expand use of its Nociscan platform and generate additional real-world clinical evidence. The Nasdaq-listed company said the partnership will bring Nociscan to the neuroscience group led by neurosurgeon Dr. Amir Vokshoor,…more

Aclarion Responds to Acquisition Proposal

Aclarion, a Jeffco-based healthcare technology company, has issued a statement regarding Echo Lake Capital’s proposal to acquire the company for $4.00 per share in cash and contingent value rights. Aclarion’s Board of Directors is committed to acting in the best interests of the company and its shareholders, and will carefully evaluate the proposal. The Board…more

Nigeria Taps PharmaJet Injection System for 1.4M Polio Vaccines

PharmaJet, based in Golden, has announced that its needle-free injection system will be used to deliver approximately 1.4 million doses of polio vaccine in Nigeria. This initiative is part of a campaign targeting children under five in the Sokoto region, as the country continues to battle outbreaks of vaccine-derived poliovirus. The deployment in Nigeria follows…more

Aclarion Adds $2.5M Share Repurchase Program

Aclarion, a healthcare technology company based in Jeffco, has announced a plan to repurchase up to $2.5 million of its common stock over the next 12 months. The Board of Directors approved this share repurchase program as part of the company’s capital allocation strategy. The timing and amount of repurchases will depend on market conditions,…more

Aclarion gets U.S. patent for AI pain assessment

Aclarion said it has received a U.S. patent for machine learning used to train models and predict outcomes for evaluating pain. The patent, numbered 12,601,803, covers how the company analyzes magnetic resonance spectroscopy data to help determine whether spinal discs are associated with pain. The company said its cloud-based platform converts complex spectral data into…more

Aclarion wins AI innovation award for low back pain

Aclarion, a healthcare technology company, said it has received an award for AI Innovation in the Clinical Decision AI category for its work using artificial intelligence to help physicians identify the location of chronic low back pain. The company said the recognition is for its Nociscan solution, which uses MR spectroscopy-based biomarker analysis to help…more

Highridge Medical to Distribute Waypoint GPS

Highridge Medical has entered into an exclusive distribution agreement for the United States with Waypoint Orthopedics, a Runway Healthcare portfolio company. Under the deal, Highridge will provide U.S. surgeons with Waypoint GPS, described as enabling technology intended to guide pedicle screw placement using real-time visual feedback while aiming to avoid the radiation and complexity associated…more