Navigation Links
The PLSG Invests $150,000 in Coventina Healthcare Enterprises, Inc., Its Eighth Company Relocation to Pittsburgh
Date:9/19/2007

PITTSBURGH, Sept. 19 /PRNewswire/ -- The Pittsburgh Life Sciences Greenhouse (PLSG), the private/public partnership putting the region's life sciences industry on a fast track for growth, announced that the PLSG has invested $150,000 in Coventina Healthcare Enterprises, Inc., a medical device company that provides therapeutic warming (using Radio Frequency) and multi-modal treatment systems for research, rehabilitation, and management of pain related to injury, aging and disease.

Coventina recently acquired the assets of SeliCor, Inc., a Texas company, and has established operations in southwestern Pennsylvania.

The SeliTherm(TM) System, Coventina's FDA cleared therapeutic warming device, consists of a Radio Frequency (RF) generator and a family of form-fitting garments containing helically coiled wires which deliver gentle, deep, therapeutic heating along the length of the body part during treatment. This highly efficient, longitudinal field surrounds and gently "bathes" the treatment area in RF energy. This approach virtually eliminates the risk of injury to the patient, removes the need for attended delivery, and allows the person to experience effective and comfortable therapeutic warming.

Therapeutic warming (raising the temperature of the tissues 1.0 to 1.6 inches below the surface of the skin to a temperature between 104 degrees Fahrenheit and 113 degrees Fahrenheit) causes certain physiological changes to take place in the treated tissues. These physiological changes result in pain relief, decreased joint stiffness, increased range of motion, relief from muscle spasms and joint contractures, and accelerated healing of soft tissue injuries.

"We welcome Coventina to our regional life sciences community," said John W. Manzetti, PLSG's President and CEO. "Our region is well poised to become a global life sciences leader and it is the perfect place for a young life sciences company to form and prosper." Mr. Manzetti continued, "The PLSG works to attract and recruit companies to southwestern Pennsylvania that have the potential to grow and be competitive in a thriving life sciences industry. Coventina is the eighth company we have helped relocate here and we look forward to the impact that they will have on global patient care."

The PLSG's $150,000 investment in Coventina will help refine and advance the core Coventina RF diathermy technology platform which is foundational to a spring 2008 product launch in the sports medicine market.

"The PLSG team was able to help create the kind of environment Coventina needs for a successful future and quite frankly we would not have been able to build the momentum we have without the outstanding support of the PLSG," said James (Chip) Hanlon, Coventina's President and CEO. Mr. Hanlon continued, "Pittsburgh is home to our entire team, and we knew that Pittsburgh and the surrounding region had the talent pool of people with the right expertise to bring our company vision to life. We are committed to developing our product and building a high-performing company here in southwestern Pennsylvania."

About the Pittsburgh Life Sciences Greenhouse (PLSG)

The PLSG invests in and supports the growth of biosciences companies in southwestern Pennsylvania. The PLSG has investment and business growth programs to increase the linkage between research, technology and commercialization; nurture and develop entrepreneurial biosciences enterprises; grow the region's talent pool in the life sciences; and help biosciences firms locate, expand or start-up in the Greater Pittsburgh region. http://www.plsg.com

About Coventina Healthcare Enterprises, Inc.

Coventina is a Pittsburgh company that has recently acquired the assets of Selicor, Inc., a Texas company responsible for developing and launching the first generation of the FDA cleared SeliTherm(TM) diathermy therapeutic warming system in 2001. Coventina's mission is to be the leading provider of therapeutic warming and multi-modal treatment systems used in the research, treatment, rehabilitation and management of pain related to injury, aging, and disease. http://www.coventinahealthcare.com


'/>"/>
SOURCE Pittsburgh Life Sciences Greenhouse
Copyright©2007 PR Newswire.
All rights reserved

Related biology technology :

1. Milwaukee angel network invests in St. Louis company
2. Froedtert invests $1.5M in local medical imaging startup
3. GE Healthcare invests $37.5 million in Chinese bio-sciences manufacturing facility
4. Wisconsin Insurance Company Invests in DotCom Company
5. Web-based reporting credited with states top healthcare ranking
6. Visions: Preizler offers insurers perspective on healthcare IT
7. Federal bill would set healthcare IT standards
8. IRS ruling could speed healthcare technology adoption
9. Bill would provide federal aid for healthcare IT
10. DHC 2007: Hayden says technology creates magic moment for healthcare delivery
11. Digital Healthcare Conference 2007: Mounting obstacles for health IT
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... DIEGO , June 24, 2016 ... more sensitively detects cancers susceptible to PARP inhibitors ... circulating tumor cells (CTCs). The new test has ... HRD-targeted therapeutics in multiple cancer types. ... targeting DNA damage response pathways, including PARP, ATM, ...
(Date:6/23/2016)... Mass. , June 23, 2016   ... development of novel compounds designed to target cancer ... napabucasin, has been granted Orphan Drug Designation from ... the treatment of gastric cancer, including gastroesophageal junction ... stemness inhibitor designed to inhibit cancer stemness pathways ...
(Date:6/23/2016)... June 23, 2016  The Prostate Cancer Foundation (PCF) is pleased ... and faster cures for prostate cancer. Members of the Class of 2016 were ... Read More About the Class of 2016 PCF Young ... ... ...
(Date:6/23/2016)... ... June 23, 2016 , ... In a new case ... Denmark detail how a patient who developed lymphedema after being treated for breast cancer ... could change the paradigm for dealing with this debilitating, frequent side effect of cancer ...
Breaking Biology Technology:
(Date:6/15/2016)... , June 15, 2016 ... report titled "Gesture Recognition Market by Application Market - Global Industry ... - 2024". According to the report, the  global gesture ... in 2015 and is estimated to grow at ... billion by 2024.  Increasing application of ...
(Date:6/2/2016)... The Department of Transport Management (DOTM) of ... Dollar project, for the , Supply and Delivery ... IT Infrastructure , to Decatur ... Identity Management Solutions. Numerous renowned international vendors participated in the ... was selected for the most compliant and innovative solution. The ...
(Date:5/20/2016)... May 20, 2016  VoiceIt is excited to ... VoicePass. By working together, VoiceIt and ... VoiceIt and VoicePass take slightly different approaches to ... both security and usability. ... this new partnership. "This marketing and ...
Breaking Biology News(10 mins):