The Latest Entrepreneurship News in Palm Beach County!
A student team from Florida Atlantic University’s College of Engineering and Computer Science recently took home first place at the International Solid Waste Student Design Competition at the Joint International Solid Waste Association World Congress/Solid Waste Association of North America (SWANA) annual Wastecon in Baltimore, Maryland. The competition, now in its third year, provides design experience to students who are interested in pursuing a career in solid waste management.
Over the summer, SouthTech Academy student Rodolfo Ledezma placed first in a national competition for the Sister Cities International 2017 Young Artists Showcase for his artwork, titled “Around the World.”
RIVIERA BEACH, Fla.–(BUSINESS WIRE)–Sancilio Pharmaceuticals Company, Inc. (SPCI) today announced the successful completion of a randomized, double blinded, placebo controlled clinical trial in pediatric sickle cell patients aged 5 – 17 years old. The clinical trial is a multi-center study designed to evaluate treatment effects and safety of AltemiaTM, a novel pharmaceutical preparation utilizing the Company’s Advanced Lipid Technologies (ALT®) platform. The Company expects to announce top-line data, including Altemia’s impact on the frequency of vaso-occlusive events, in the fourth quarter of 2017. Patients who have completed the study are eligible to continue active drug therapy by entering an open label extension program that will collect long term safety data while continuing to monitor the effectiveness of the drug (https://clinicaltrials.gov/ct2/show/NCT02973360). At present, the majority of patients completing the study have chosen to continue to participate in the open label extension.
Continue reading “Sancilio Pharmaceuticals Company, Inc. Announces the Successful Completion of a Randomized, Double Blind, and Placebo Controlled Phase of a Clinical Trial in Pediatric Patients with Sickle Cell Disease using AltemiaTM”
Dan Cane is among the entrepreneurs who are blazing the trail for startups across South Florida, scaling his health technology company Modernizing Medicine into its eighth year and plans for more than 1,000 staffers.
In spite of his success, however, Cane remembers well the early days of ModMed, which was founded in Boynton Beach before planting roots at the Research Park at Florida Atlantic University in Boca Raton.
To this day, he carries the lessons of those early days, applying them to the present just as he would have to a fledgling venture.
On taking the plunge into a new business venture:“I was so naive and at the same time so ambitious and filled with vision of what [Modernizing Medicine] could be that as we encountered the realities of trying to build a company – scaling the software, incorporating the business, handling the accounting and finance – each of those seemed like a challenge but not an obstacle to success.”
On the challenges of startup life:“[In the early days] we wouldn’t make payroll repeatedly, or a product wouldn’t launch correctly or something was so successful that it would fall apart because it couldn’t handle volume and it would break. It certainly happened here at ModMed. … But … because the customers had so much hope, we pulled through and survived those periods.”
On keeping employees onboard during hard times:“It’s transparency. At ModMed, every first Friday of every month, the whole company will get together and we will talk not just about the good but about the difficulties – scaling software, the growing pains of expanding.
“In earlier days, people would know when the cash crunch was tight and that the time of our next fundraising round was a ways away. It’s a tough conversation but if it feels like everyone is in it together, it’s a smoother process.”
On persistence:“Everyone will assume that after an IPO it gets easier to raise funds. It does not. More doors open to entertain the conversation, but you get no guarantees. Even when we had a little revenue in the early days, when we presented to investors, we would very often not make it through the screening. Even local groups very nicely said, ‘No, thank you.’ I can’t guess at why, but we’d hear, ‘It’s a crowded market. You need more capital. You got hit by lightning – it can’t strike again.’ But I couldn’t spend time focusing on the ‘no’s.’”
On optimism and perspective:“There are people … that are haters of Modernizing Medicine and think this is a bubble and that this expansion is being forced upon us by the government. You need to know these people are there but don’t dwell.”
“I will have a great day at work, be surrounded by media, the governor, the mayor. But then I come home and it’s, ‘Yeah, Dan, that’s great. The dog needs to be walked and the trash needs to be taken out.’ Not that I need to be reminded of this, but I put my pants on one leg at a time like everyone else.”
Here are some disaster assistance resources for businesses after Hurricane Irma.
FAU Tech Runway® is set to celebrate its 2017 Maverick Reception on Thursday, Oct. 26 from 6:30 to 8:30 p.m. at FAU Tech Runway, 901 NW 35th St., Boca Raton. Tickets cost $100 per person.
More than 5 million Americans today are affected by Alzheimer’s disease (AD). If nothing is done to stop this upward trajectory, there will be more than 16 million people with AD in the United States and more than 60 million people with AD worldwide by 2050. In the past 25 years, only five symptomatic medications for AD have met their primary clinical endpoints in Phase III clinical trials and successfully come to market; of these, four are still available.
After reading “A Walk in the Woods” from the “take a book, leave a book” section in the Warren Library, senior business management major Emily Hochheiser found her inspiration to take on a six-month journey to complete the Appalachian Trail (AT).
The King’s Academy will break ground on a 12,000 square foot science and technology center on the school’s West Palm Beach campus. The two-story addition to the school’s beautiful 60-acre campus will include a 1 chemistry laboratory, 3 life science laboratories, 4 flexible design STEM classrooms, and 4 offices. Funding for the $2.7 million project comes from gifts from parents, grandparents, alumni, and friends of the school.