More portfolio news – October 2016

October has been a busy month, especially for the medical companies in our portfolio. Here are their further highlights.

Pharmright: Reached passed important milestones – production coming from its Maine manufacturing facility and product being shipped to customers. Many congratulations.

OB Medical: After announcing the LaborView at the AHWONN conference in June, maternal-fetal monitoring device manufacturer OB Medical began supplying their device to delivery rooms across the US. Congratulations to them too!

Avadim: Triple good news for our Asheville portfolio company, Avadim, which announced a partnership with the National Wrestling Coaches Association to prevent skin infections in wrestlers, enjoyed coverage for its continuing record revenue growth, and announced its roll-out of consumer products when Theraworx Relief hits the shelves next year.

And not strictly “portfolio news,” these two articles are interesting insights into two portfolio companies:

  • This profile of Baebies‘ co-founder and president Vamsee Pamula explains his background and reveals much about what makes a stellar entrepreneur.

  • This article by Arjun Sethi explains at length why the “hive” is a great communications platform – and shows why we are excited to support TipHive.

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