TreeHouse Health Companies Successfully Transition Out of Space, New Portfolio Company and Service Provider Partners Added
MINNEAPOLIS (Mar. 21, 2016) – TreeHouse Health, an innovation center designed to invest in emerging healthcare companies and help accelerate their growth, has seen several exciting changes over the past few months. Four portfolio companies transitioned out of the TreeHouse Health space, two new service provider partners were added, and one new portfolio company joined the ecosystem.
New Portfolio Company:
New Service Provider Partners:
Updates from a few of the graduated companies:
“Cellanyx Diagnostics is developing a proprietary live cell phenotypic cancer diagnostic platform to aid clinical decision making. Cellanyx has demonstrated clinical proof-of-concept for its lead test, aimed at improving risk stratification in the 250,000 US patients annually diagnosed with low and intermediate risk prostate cancer, and generated promising early data in other cancers. A clinical trial to demonstrate our test’s risk stratification potential in patients undergoing prostate needle biopsies is planned for 2016 which will lay the groundwork for commercialization of the test in 2017.” Read more about the Cellanyx graduation here.
-Ashok Chander, CEO, Cellanyx Diagnostics
“We are preparing to launch CaretoPLan.com in March. This is to help caregivers of patients with dementia find things that are helpful. Our goal in 2016 is to expand this effort to other communities across the U.S. We are building a Resource Registry that extends beyond dementia and an intelligent system for referring resource to people with chronic diseases.”
-Rick Tanler, ProValens
“We just launched a new product that expands on the success of our first one. Our virtual coach can now personalize based on more personality factors and coach people through more situations. It also gives us the ability to now build wellness programs around not just fitness but also nutrition, stress, mental health and more. On top of that we’ve expanded the social features, game mechanics, and made it even easier to rollout and manage for new customers. In 2016 we’ve really adopted a metrics first approach to goal setting. Right now the focus is on customer success and customer growth metrics.”
-Zach McGill, CEO, Perk Health
Previous to the abovementioned companies, LogicStream Health also successfully transitioned out of TreeHouse Health in September 2015.
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About TreeHouse Health LLC
TreeHouse Health, established in 2013, is an innovation center that helps emerging healthcare companies accelerate the growth and development of their business within and innovative and collaborative ecosystem by providing investment and expertise. To date, TreeHouse Health has invested in ten early-stage healthcare companies and has two Anchor Tenant relationships with Hennepin County Medical Center (HCMC) and Blue Cross and Blue Shield of Minnesota (BCBS). To learn more, visit TreeHouse-Health.com.