Navigation Links
SC Launch Presents "Big Check" Investment to Two South Carolina Companies
Date:5/11/2011

COLUMBIA, S.C., May 11, 2011 /PRNewswire-USNewswire/ -- SC Launch, an SCRA affiliate, today announced that two client companies received big check investment during the InnoVenture Southeast Conference in Greenville, SC. Madeira Therapeutics and EnviroMix, both technology-based start-ups located in the Charleston area, received SC Launch investment for their promising technology and business model.

Madeira Therapeutics was founded to develop new pharmaceutical products for unmet medical needs in the pediatric population. Madeira Therapeutics strives to ensure drug safety and efficiency for intended patients in the pediatric setting.

EnviroMix offers new standards for the water and wastewater industry. The company's patented technology offers comprehensive processes that enable treatment plants to operate more efficiently with a portfolio of hardware and software solutions.  EnviroMix technology solutions provide uniform mixing, save energy, and help drive down operation and maintenance costs in critical treatment processes.

"Given the overwhelming need to reduce energy costs among the 16,000 facilities in the US alone, we are experiencing significant interest in our technology solutions," said EnviroMix CEO, Ted Jenkins. "We would like to thank SC Launch for this investment and support as we are looking to accelerate our presence in the market."

The big check presentations took place during the InnoVenture Southeast Conference. In its fifth year, the conference showcases the most promising high growth technology companies from the Southeast region to a national audience of hundreds of private equity professionals and venture capitalists that represent over $80 billion in private equity investment capital.

"We are delighted to have the opportunity to support these companies," said SCRA Executive Vice President and SC Launch Executive Director Dave McNamara. "What better place than InnoVenture to acknowledge these promising companies and the technology that they bring to market."

SC Launch also acknowledged a milestone for Portfolio Company CareCam Innovations. The Greenville-based company announced during the conference the addition of David Butler to the CareCam Innovations Advisory Board.  Mr. Butler previously served as Deputy Associate Administrator for Operations and Resource Management at the Health Care Financing Administration (HCFA) which is now known as The Centers for Medicare & Medicaid Services (CMS).

"It is an honor and privilege to have Mr. Butler as a member of our Advisory Board," said CareCam Innovations President Shannon Pierce. "We feel that he will be a wonderful addition to the CareCam team and look forward to his input and expertise as the company continues to move forward."

"Today's events are evidence of the dynamic and ever-growing business opportunities we are shaping in South Carolina," said SCRA CEO Bill Mahoney. "The SC Launch program continues to identify and support these emerging businesses so that South Carolina may truly benefit and recognize economic gain through our own homegrown efforts."

Since its inception by SCRA in 2006, and with initial funding of $12 million in SCRA earnings, SC Launch has supported and funded 188 companies in SC, helped draw 11 landing parties to the state, provided business services to 230 early stage companies in SC through a powerful Resource Network and helped position emerging South Carolina companies to secure more than $104 million in follow-on funding from angel, venture and other private capital sources. SC Launch has been recognized regionally, nationally and internationally for leadership in entrepreneurial support and technology-based economic development.

About SCRA

www.scra.org

SCRA is a global leader in applied research and commercialization services with its headquarters in South Carolina. SCRA has a dual mission:

To advance the Knowledge Economy - SCRA affiliate SC Launch is an economic development program that helps early-stage companies to commercialize innovations and create jobs. Learn more at www.sclaunch.org.

To deliver technology solutions to complex challenges - SCRA affiliate Advanced Technology International (ATI) leads applied research collaborations that develop technologies to improve the mission effectiveness of Federal agencies and the business execution of Corporations. Learn more at www.ati.org.

In support of both missions, SCRA builds and manages research facilities that include wet labs, secure rooms for sensitive work and advanced high-tech manufacturing shops.


'/>"/>
SOURCE SCRA
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. EDAP Announces Launch of Clinical Study Combining HIFU and Chemotherapy for Localized Aggressive High Risk Prostate Cancer
2. EDAP Announces Launch of Clinical Study Combining HIFU and Chemotherapy for Localized Aggressive High Risk Prostate Cancer
3. Iomai Launches Phase 1/2 Safety Study of Dose-Sparing Patch for Use With Pandemic Influenza Vaccine
4. Keeping the Data Center Clean: ATEN Launches Industry-First KVM Switches with Antimicrobial Nanocoating to Protect Products from Bacteria Surviving on Surfaces
5. Cell Therapeutics, Inc. (CTI) Launches Phase III Study for Pixantrone in Relapsed Indolent Non-Hodgkins Lymphoma (NHL)
6. Tengion Launches Second Phase 2 Clinical Trial of Regenerated Human Organ
7. Strategic Diagnostics Launches Initial Oncology-Targeted Antibody Reagent Catalog
8. deCODE Launches Phase II Clinical Testing of DG051 for the Prevention of Heart Attack
9. Premier Micronutrient Launches Supplement for Hearing Health
10. deCODE Launches deCODE MI(TM) -- A Test for a Major Genetic Risk Factor for Early-onset Heart Attack
11. Actress and New Mom Keri Russell Joins PKIDs to launch Silence the Sounds of Pertussis Campaign
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/5/2016)... PUNE, India , December 5, 2016 /PRNewswire/ ... Market Research, titled, "Global Cancer Biomarkers Market - Global Opportunity ... biomarkers market is projected to reach $15,737 million by 2022 ... from 2016 to 2022. Omic technologies segment accounted for more ... expected to maintain its dominance during the forecast period. ...
(Date:12/5/2016)... , Dec. 5, 2016  Wellbridge Health and Gateway Health ... health solutions to Medicare and Medicaid plan members with specific ... at the unique needs of this group of consumers, Wellbridge ... work philosophies to provide insight into members, daily behaviors and ... , , ...
(Date:12/5/2016)... 2016  New research by the CVS Health ... the U.S. Department of Health and Human Services, ... Response (ASPR), published online today in JAMA ... encourage patients with chronic conditions to refill medications ... also affirms that public-private partnerships can facilitate timely ...
Breaking Medicine Technology:
(Date:12/6/2016)... (PRWEB) , ... December 06, 2016 , ... ... and characterization laboratories, is now offering HIAC particle counting and sizing services for ... , Gateway Analytical instituted the new service as a response to the needs ...
(Date:12/6/2016)... CA (PRWEB) , ... December 06, 2016 , ... 'Tis ... can disrupt daily routines. That means it's also the season when eating healthy, staying ... living with diabetes) on schedule is harder to do. , "Shopping trips, parties ...
(Date:12/6/2016)... ... December 06, 2016 , ... ... authorized OSHA Training Institute Education Center headquartered in Northern California, has announced the ... providing occupational safety and health training to public sector employees. , “The primary ...
(Date:12/5/2016)... ... December 05, 2016 , ... Edward Buckingham MD , ... arrival of the newest Sciton laser in January 2017. The Halo is the ... and ablative wavelengths for exceptional results. Outperforming more traditional lasers, the innovative Halo ...
(Date:12/5/2016)... ... , ... Researchers at Johns Hopkins All Children’s Hospital want to learn more ... course of three years, researchers will study concussions and changes in brain function by ... special sensors, will track the location and force of the hit. The sensors store ...
Breaking Medicine News(10 mins):