New York private equity firm Warburg Pincus, which manages a $44 billion fund, plunked down $231 million last month to invest in Boca Raton-based electronic health record software company Modernizing Medicine.
Is it possible to prevent dementia from happening in the first place? That is what a leading neuroscientist at Florida Atlantic University hopes to prove through an innovative approach that defies the notion that “one-size-fits-all” when it comes to battling Alzheimer’s disease (AD), Lewy Body Dementia (LBD), Parkinson’s disease (PD) and other related disorders.
The first-of-its-kind pipeline program to be launched in the United States, M.D. Direct places high school students from FAU High School directly in-line for medical school at FAU, jumpstarting their careers as young, aspiring physicians-to-be.
"For years we’ve been rising up the ranks of the Startup Activity Index while harnessing our regional resources to support entrepreneurs," said Andrew Duffell, president and CEO of the Research Park at Florida Atlantic University. "Our collective efforts are gaining momentum and that is reflected in this new ranking.
Economic development is not simply a question of increasing the size of the pie. To do so simply exacerbates the existing inequalities between the haves and have-nots. It is not about having more people move into an area and have them buy and sell more products to each other, creating jobs that are not sustainable and not high paying. It takes more than that for a region's economy to prosper.
Andrew Duffell, president and CEO of the Research Park at FAU and one of the judges for the competition, said the fact that government would be a good customer for PAPER’s services and the company could get funding through various grant mechanisms gives them a good opportunity to ramp up their business to become revenue-positive.
To create and sustain the ideal environment for innovation and invention, maximizing the academic and entrepreneurial talent and regional resources in South Florida to accelerate economic development and prosperity.