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West Michigan's Newest Medical Device Company Receives Support from the West Michigan Science & Technology Initiative and EDF Ventures
Date:11/10/2008

wealth of knowledge to TransCorp," added Lowry. "Mike has an excellent network, and will be actively adding value as chairman of the board."

"Innovation in medical devices and the venture capital investments that support them are a vital component to West Michigan's long-term economic success," said Birgit Klohs, president and CEO of The Right Place, Inc., a leading economic development organization in West Michigan.

About EDF Ventures

EDF Ventures (http://www.edfvc.com) is a leading venture capital firm investing in early-stage health care companies. EDF focuses on young companies that are developing breakthrough technologies to address recognized problems or transform existing markets. EDF has offices in Grand Rapids and Ann Arbor, Mich.

About West Michigan Science & Technology Initiative

The West Michigan Science & Technology Initiative (http://www.wmsti.org) is a partnership among Grand Valley State University, Van Andel Research Institute, the City of Grand Rapids, Grand Rapids Community College, The Right Place, Inc., and health care providers and educators. The Initiative is dedicated to creating an environment that advances innovation and supports the commercialization of life sciences ideas, products and technologies. Since its inception, the Initiative has assisted more than 300 clients in commercialization of new products, including funding through receipt of more than $9 million in federal and state grant awards. The Initiative supports projects and creation of businesses that build regional life sciences commercialization infrastructure in West Michigan.


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SOURCE EDF Ventures
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