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HealthTech Capital Announces Two New Investments in the Emerging HealthTech Market
Date:9/15/2011

ck of pills, the company prints a unique code and phone number so consumers can verify the drug's authenticity with an SMS text message. PharmaSecure has significant traction in India, driven by recent legislation changes.

"HealthTech Capital's leadership and members are experienced investors with in-depth understanding of healthcare and technology and the intersection of the two industries," said Nathan Sigworth, CEO of PharmaSecure. "We are pleased that our product is achieving such global acceptance and appreciate having HealthTech Capital as an investor to help us with product expansion."

Niveus Medical is developing a technology to preserve muscle strength during long periods of sedation and bed rest. By reducing muscle debilitation, the company intends to shorten hospital stays, especially time in the intensive care unit, and provide significant cost savings.

"We are delighted to have HealthTech's participation in this funding round, which will help us validate the benefits our technology brings to patients, as well as the cost savings it can deliver to the healthcare system," said Brian J. Fahey, CEO of Niveus Medical.

About PharmaSecure

PharmaSecure is a global innovator in drug authentication technologies and software, creating effective solutions to ensure consumers receive authentic medications from trusted pharmaceutical manufacturers in emerging markets. Founded in 2007, PharmaSecure is a fast-growing company offering services in the United States, Europe, India, Africa, and Southeast Asia. The company is based in Lebanon, NH.

About Niveus Medical

Niveus Medical has developed a series of novel technologies to reduce or prevent debilitation and thereby accelerate patient recovery, shorten hospital stays, and reduce both hospital and payer costs. The company's solution is the first to prevent muscle deterioration in patients who are sedated and cannot participate in physical therapy. Early
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