Cool Party Pic

Healthcare

Celebrating innovators in healthcare IT! Along with former Venrock portfolio company athenahealth and fellow venture firm Oak Investment Partners, Venrock hosted a party during the annual JP Morgan Healthcare conference, giving the burgeoning healthcare IT sector a place to convene and network at this monster conference. To see predictions for the sector shared by attendees, check out our SlideShare page, and to see photos from the party, check out our Flickr page.

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As our healthcare system continues to evolve and patients, doctors and employers look to cut costs, where are venture capitalists placing their bets? Venrock’s Bob Kocher and Bryan Roberts were recently interviewed on this topic by KQED/NPR and Kaiser Health News. You can listen to the NPR segment,  “Venture Capital Flows to Cost-Effective Health Care Companies” and read the Kaiser Health News article “Health Investors’ New Calculus: Save Money To Make Money” to learn more.

Coolsculpting

Zeltiq IPO! Zeltiq is now trading on the Nasdaq Stock Market under the symbol ZLTQ! Fun fact: the company’s CoolSculpting technology was discovered when a scientist decided to explore Popsicle Panniculitis (when children sucked on popsicles too long, they would lose some of the fat in their cheeks). If you want to see CoolSculpting in action, the company has been profiled on most national news programs, including ABC’s Nightline – Deep Fat Freeze. Freezing your fat is all the rage! Congratulations to the Zeltiq team and Venrock board member Bryan Roberts!

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Still River Systems has changed its name and look to reflect the company’s transition from a research and development organization to the commercial manufacturer of the MEVION S250TM Proton Therapy System. Proton therapy is widely regarded as the optimal means of delivering therapeutic radiation to treat a variety of cancers, but is not widely available because of the immense size, enormous expense, and sheer complexity of traditional proton therapy systems. Mevion eliminates these obstacles! To learn more, see www.mevion.com.

 

PeakSergical

Medtronic has acquired Venrock portfolio company PEAK Surgical for $120 million. PEAK is a recognized leader in the emerging field of advanced energy surgical incision technology and Medtronic is a great fit for PEAK. To learn more about this news, you can read the press release here.

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