SYS-CON MEDIA Authors: Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel, Peter Silva

News Feed Item

Florida Institute and Dawson James Securities Complete Integene International Holdings Financing

The Florida Institute for the Commercialization of Public Research (Florida Institute) announced today that it has finalized a funding agreement with Integene International Holdings (Integene), a vascular biotechnology company that has developed platform technology for ischemia and associated complications. The Institute supports new company creation based on publicly-funded research across the state, and bridges early funding gaps for companies spinning out of universities and research institutions. In order to qualify for Florida Institute funding, companies must raise matching private investment capital.

In December 2013, the Florida Institute and Dawson James Securities, Inc. (“Dawson James”, Member FINRA/SPIC) announced an alliance to augment early investment in emerging growth innovation companies. Companies undergo a thorough review and vetting process led by the Florida Institute, who provides up to $300,000 in funding to qualified companies. Through the partnership, Dawson James leverages its vast retail investor network to provide the required matching investment. In this case, Dawson James was able to raise more funding than what was required to match Florida Institute funds.

Integene was founded to capitalize on patented biotechnology created to optimize gene and stem cell treatments for cardiovascular disease. The company’s founder, Dr. Keith Webster and his team, in association with the University of Miami, have developed procedures for targeting and regulating human growth factor genes within host tissues, and bio-engineering stem cells to provide optimized therapies for ischemia related disease.

According to Dr. Webster, “The fundraising support provided by Dawson James enabled us to rapidly and efficiently raise the required matching funds to qualify for funds provided by the Florida Institute. These funds will be used to advance the clinical testing of treatments for major life-threatening diseases, initially a condition known as critical limb ischemia for which limb amputation may be the only option for many patients and eventually multiple other cardiovascular indications, diabetic retinopathy and solid tumors.”

“Dawson James Securities has been assisting emerging growth companies since 2004, and is interested in identifying and supporting quality new companies spinning out of Florida’s research institutions,” said Robert Keyser, Jr., Dawson James CEO. “As a full-service boutique investment bank, we are pleased to leverage our broad investor placement capabilities to support the growth of promising Florida companies.”

“We formed this alliance to coordinate company financing from angel investors, venture capitalists, private equity and public markets and to expand Florida’s innovation platform and investor base,” said Jamie Grooms, CEO of the Institute. “The Integene financing represents the first transaction resulting from this alliance, and we will continue to work with Dawson James to support the next generation of great Florida companies.”

About the Florida Institute

Formed by the Florida Legislature in 2007, the Florida Institute for the Commercialization of Public Research is a non-profit organization that works collaboratively with the technology licensing and commercialization offices of Florida’s state universities and private research institutions to leverage a $2B+ research base and form investable companies that create clean jobs in new industries that are driving the global economy. Over 100 new company projects have been identified across the state, and the Institute deploys company building and funding programs to promising Florida startups. Thirty-two companies have been funded since the program’s inception.

About Dawson James Securities

Dawson James Securities, Inc., a member of FINRA/SPIC, is a full service investment bank headquartered in Boca Raton, FL. Individuals with interest in investment in emerging growth companies can contact an appropriate Dawson James representative at 561-391-5555.

About Integene International Holdings

Integene International Holdings is a biotech company that has developed a comprehensive treatment for cardiovascular ischemic disease using combinations of proprietary gene and stem cell procedures. Integene technology is based on more than 20 years of NIH-supported pre-clinical development and is currently initiating Phase I/II clinical trials for the treatment of peripheral artery disease (PAD) using these procedures.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover ...
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's

"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software, in this SYS-CON.tv interview at DevOps Summit at Cloud Expo®, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Media announced today that Aruna Ravichandran, VP of Marketing, Application Performance Management and DevOps at CA Technologies, has joined DevOps Journal’s authors. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Aruna's inaugural article "Four Essential Cultural Hacks for DevOps Newbies" discusses how to demonstrate the...
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.