Navigation Links
Fulcrum Ventures Leads $1.25 Million Investment in Path-Tec, LLC
Date:3/22/2010

ATLANTA, March 22 /PRNewswire/ -- Fulcrum Ventures announced today that they invested $1.25 million in Path-Tec, LLC.  Founded in 2005, Path-Tec provides clinical, pharmaceutical and research labs with a turnkey solution for kit design, production, client supply management and patient specimen tracking.  Based in Columbus, Georgia, Path-Tec positions itself as a complete outsourcing solution for labs.

The company will use the funds to expand its operating infrastructure, strengthen its technology offering and provide working capital for its rapid growth. "Path-Tec is well positioned to rapidly expand both its current product offering as well as its customer base," said Kevin Boykin, CEO of Path-Tec. "We are thrilled to be working with Fulcrum Ventures and to have such a strong, experienced partner to support our growth."

"We believe that Path-Tec can be a leader in this expanding industry.  The demand for routine and esoteric laboratory tests continues to increase.  Hospitals and reference labs are looking for a service provider who can provide customized kitting products as well as value added services, including supply chain visibility, inventory management and tracking" said Frank X. Dalton, General Partner at Fulcrum Ventures.

About Path-Tec, LLC

Path-Tec is a Columbus, Georgia based company that provides products and services to assist clinical, pharmaceutical and research laboratories in effectively collecting, transporting and tracking medical specimens.  Path-Tec is focused on improving their customer's client supply and specimen management operations.  Path-Tec's services allow laboratories to outsource kit production, distribution and tracking services that ensures regulatory shipping compliance, proper specimen collection and most importantly, specimen tracking (Asset Mgt) while significantly improving service and overall costs.  To learn more please visit www.path-tec.com.

Fulcrum Ventures

Fulcrum Ventures is an Atlanta-based equity firm focused on providing expansion capital to rapidly growing companies.  The firm provides equity investments up to $5 million for a wide variety of industries with a special emphasis on healthcare, information technology, business services and technology enabled operating companies.  Fulcrum provides financing to meet a wide range of needs, including internal growth initiatives, acquisitions, management buy-outs, and recapitalizations.  The three founding partners have significant operating experience in senior leadership positions of successful, rapidly growing companies, and collectively have over seventy years of related industry expertise.  To learn more please visit www.fulcrumvp.com.

SOURCE Fulcrum Ventures

Back to top

RELATED LINKS
http://www.fulcrumvp.com

'/>"/>

SOURCE Fulcrum Ventures
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. ThermalTherapeutic Systems Completes $2.75 Million Series A Financing With Originate Ventures
2. Cordex Pharma Announces Strategic Master Services Equity Agreement With Cato BioVentures
3. 7 Health Ventures Invests in Tulip Medical
4. RegenceRx Leads the Industry With Introduction of Medication Cost Integration
5. Los Angeles Business Owner Pleads Guilty to Submitting Nearly $1 Million in False and Fraudulent Claims to Medicare
6. Colombian National Pleads Guilty to Role in Defrauding the Export-Import Bank of the United States of More Than $1 Million
7. Medical Equipment Company Owner Pleads Guilty to Fraud Scheme Involving Nutritional Supplies and "Arthritis Kits"
8. BodySculpt(TM) Leads FDA Approval of BodyTite(TM) with Largest Number of Documented Study Cases
9. San Ramon HR Firm Leads Response to New Cal/OSHA ATD Law
10. Genetic Research Leads to New Discovery in Understanding Rare Neurological Disorder
11. Texas Back Institute Leads Way in New Facet Joint Clinical Trial
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/4/2017)... -- Agragen, LLC, a Cincinnati -based ... and aquacultural feed sectors, announces a significant step ... AGR131.  This drug is designed to trap and ... patients suffering from inflammatory conditions such as rheumatoid ... Biological pharmaceuticals currently used ...
(Date:8/2/2017)...   Marshall County Hospital in Benton, Kentucky has added ... hospital-acquired infections (HAIs). The new addition, Tru-D SmartUVC , short for "total room ultraviolet ... such as C. diff , MRSA, MERS, Ebola and more. ... Tru-D SmartUVC ... Tru-D in action in a patient room ...
(Date:8/1/2017)...   CerSci Therapeutics , a non-opioid drug development ... has received notice from the National Institute on Drug ... that it has been awarded a Direct-to-Phase II Small ... 2017 with an additional $1,000,000 to follow in 2018. ... of their lead non-opioid drug candidate CT-044 to the ...
Breaking Medicine Technology:
(Date:8/18/2017)... ... August 18, 2017 , ... ... services to communities in east Texas, is launching a regional charity effort to ... Founded in 1991, the Pediatric Brain Tumor Foundation (PBTF) has raised nearly $30 ...
(Date:8/18/2017)... Bedford, TX (PRWEB) , ... August 18, 2017 , ... ... serves communities in the Dallas/Fort Worth area, is spearheading a regional charity campaign organized ... her husband. , In early June of this year, Christina and her children returned ...
(Date:8/18/2017)... ... 2017 , ... Alcovit, a lime-flavored beverage that rids the body of toxins ... product now available through Jet.com. , After 25 years of development, the company ... designed to quickly detox the body thereby avoiding alcohol-induced hangovers. Whether you’re having fun ...
(Date:8/18/2017)... , ... August 18, 2017 , ... “Dangerous Inheritance”: a ... author, Diane Winters. Diane is from Southwest Nebraska where she was raised on ... and family. The story is fictional, but the friendships and mantra of ‘neighbors ...
(Date:8/18/2017)... ... August 18, 2017 , ... Rollon Skin ... anti-aging skincare solutions, recently announced the launch of two new skincare products, ... yet effective alternative to expensive plastic surgery or in-patient cosmetic dermatological procedures. , ...
Breaking Medicine News(10 mins):