At the Dec. 10 Xconomy forum on Healthcare in Transition, I participated in a panel discussion on post-election themes in the business of healthcare from the perspective of a cloud-based healthcare IT company. There was, naturally, difference of opinions among the group on government’s role in facilitating healthcare IT innovation, but there was also some … Continue reading “The Cloud in Healthcare Post-Election”
Category: San Diego
BioSurplus Lands $1,750,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b7690de-25a6-485a-a6d3-87f44e08a56a&Preview=1 Date 12/19/2012 Company Name BioSurplus Mailing Address 10805 Vista Sorrento Pkwy San Diego, CA 92121 Company Description BioSurplus is a leading provider of equipment management solutions and pre-owned scientific instruments to the life sciences industry. Website http://www.biosurplus.com Transaction Type Debt Transaction Amount $1,750,000 Transaction Round Undisclosed Proceeds Purposes Loan proceeds will … Continue reading “BioSurplus Lands $1,750,000 New Round”
Newport Media Receives $10,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6c801779-25c9-4698-9c08-97eb192d7a61&Preview=1 Date 12/19/2012 Company Name Newport Media Mailing Address 1 Spectrum Pointe Dr. Lake Forest, CA 92630 Company Description Newport Media is a fabless semiconductor company that develops and sells highly integrated solutions for emerging digital audio and mobile TV broadcasts standards. Market research firm In-Stat forecasts that the market for TV … Continue reading “Newport Media Receives $10,000,000 New Funding Round”
Roambi Sees 2013 as Pivotal Year for Data Analytics, Visualization
We all know the tide of “big data” has been rising, and there is no shortage of companies applying analytics and data visualization tools to help business leaders and other people make better decisions. Nevertheless, the Roambi mobile visualization technology that Solana Beach, CA-based Mellmo has developed for Apple iOS stands apart in terms of … Continue reading “Roambi Sees 2013 as Pivotal Year for Data Analytics, Visualization”
Water Mission to Israel (Day 2): Water Management Solutions at Scale
Monday in Israel started out quickly with the Massachusetts Water Delegation taking part in a global water market networking event with the CleanIsrael Meetup Group. CleanIsrael is a pan-Israel cleantech business network with over 1,000 members and is akin to the Clean Economy Network (now part of the Advanced Energy Economy). After charging up with … Continue reading “Water Mission to Israel (Day 2): Water Management Solutions at Scale”
Hope in Detroit: An Outsider on Motown’s Entrepreneurial Renaissance
Long written off by many, Detroit is becoming an interesting city to watch from an urban revitalization perspective. At the core of these developments is the emergence of a startup ecosystem where (for the most part) one did not previously exist. While still early, the progress made in this area over the last several years … Continue reading “Hope in Detroit: An Outsider on Motown’s Entrepreneurial Renaissance”
AwarePoint Lands $4,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b289a118-5eba-4697-bfc8-18c274dfa7b2&Preview=1 Date 12/18/2012 Company Name AwarePoint Mailing Address 600 W. Broadway San Diego, CA 92101 Company Description In 2002, the founders of Awarepoint recognized that despite the tremendous potential of active RFID technologies to improve operational efficiency in medium and large businesses, there were no solutions on the market that offered good … Continue reading “AwarePoint Lands $4,000,000 New Financing Round”
PatientSafe Solutions Secures $13,281,492 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5f59d7ee-6fb7-4d93-8cd2-4f90f64c78e1&Preview=1 Date 12/18/2012 Company Name PatientSafe Solutions Mailing Address 5375 Mira Sorrento Place San Diego, CA 92121 Company Description We believe nurses are the center of the care system. They’re the healthcare professionals who patients spend the most time with once they’re admitted, and who make sure the care continues when they’re … Continue reading “PatientSafe Solutions Secures $13,281,492 New Funding Round”
Media Temple Receives $1,086,016 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=585d6d8e-2f17-4096-8058-e8ff7b305d40&Preview=1 Date 12/18/2012 Company Name Media Temple Mailing Address 8520 National Blvd Bldg A Culver City, CA 90232 Company Description Media Temple, Inc. is an industry-leading, privately held, profitable web hosting and software application services company based in California. Since 1998, our company has provided businesses worldwide with reliable, professional-class network environments … Continue reading “Media Temple Receives $1,086,016 New Financing”
After Strikeout, San Diego’s MEI Pharma Looks to Rebuild Confidence
Sometimes, innovation companies operate in stealth mode to keep the technology they’re developing out of the limelight. And sometimes, companies maintain a low profile until they’re ready to present their best case to shareholders, potential investors, and others. Such is the case with San Diego’s MEI Pharma (Nasdaq: [[ticker:MEIP]]), a cancer drug development company originally … Continue reading “After Strikeout, San Diego’s MEI Pharma Looks to Rebuild Confidence”
Water Mission to Israel (Day 1): The Past and Present of the Israeli Water Story
I did say it was going to be a packed schedule, so here I am sitting down at 1am in Tel Aviv sharing the highlights of Day 1 of the Massachusetts-Israel Water Mission. The first 24 hours have been filled with a whirlwind of history, sights, and sounds, spending time with fellow delegates and lots … Continue reading “Water Mission to Israel (Day 1): The Past and Present of the Israeli Water Story”
The 5 Myths of Big Data Analytics
Everyone wants a glimpse into the future; the insights and information found there would be inherently lucrative for the individual (or business) that possessed them. And, while soothsayers haven’t yet proven themselves to be a reliable business asset, today’s predictive analytics software has. “Predictive analytics,” in whole, is data analysis that provides enterprises with predictions … Continue reading “The 5 Myths of Big Data Analytics”
2012: The Year When Genomic Medicine Started Paying Off
Remember a couple of years ago when people commemorated the 10-year anniversary of the first draft human genome sequencing? The storyline then, in 2010, was that we all went off to genome camp and only came home with a lousy T-shirt. Society, we were told, invested huge scientific resources in deciphering the code of life, … Continue reading “2012: The Year When Genomic Medicine Started Paying Off”
Surf Air Garners $2,589,989 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d96344bc-8375-400b-b7b7-05d90a938803&Preview=1 Date 12/17/2012 Company Name Surf Air Mailing Address 910 Colorado Ave Santa Monica, CA 90401 Company Description Surf Air, a new membership-based air service providing short jaunts between California hot spots like Palo Alto, Monterey, Santa Barbara and L.A. Website http://www.surfair.com Transaction Type Venture Equity Transaction Amount $2,589,989 Transaction Round Undisclosed … Continue reading “Surf Air Garners $2,589,989 New Financing Round”
Water Mission to Israel: Heading Over
It always plays out this way—a kernel of an idea starts the ball rolling, followed by months of increasingly refined planning, a flurry of activity in the endgame, and then it’s GO time. I recall this operating rhythm well from my military days, and it’s been the same over the past dozen-plus years working with … Continue reading “Water Mission to Israel: Heading Over”
San Diego Life Sciences Roundup: Acadia, Zogenix, Isis, & More
It was a big week for news from San Diego’s public life sciences companies. We have all the deals, dollars, and developments wrapped up here. —San Diego’s Acadia Pharmaceuticals (Nasdaq: [[ticker:ACAD]]) said it’s raising $86.4 million through a private stock placement that is expected to close Monday. As Xconomy recently reported, Acadia reported encouraging results … Continue reading “San Diego Life Sciences Roundup: Acadia, Zogenix, Isis, & More”
Developing a 21st Century Entrepreneurship Curriculum
In 2012, in partnership with Stanford University, U.C. Berkeley and NCIIA, Jerry Engel and I first offered the Lean LaunchPad Educators Class. The class was designed to teach educators (and the entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. In addition the class offers … Continue reading “Developing a 21st Century Entrepreneurship Curriculum”
Give Your Online Life a Lift with IFTTT
How many times have you come across a new technology or service and said to yourself, “That’s ridiculous, only a real geek would use that!”, only to find yourself happily benefiting from the same innovation a year or two later? Well, can you say “the Web” or “text messaging” or “Facebook photo albums” or “RSS … Continue reading “Give Your Online Life a Lift with IFTTT”
Build It In The Back Yard: Why We Need American Manufacturing
[Editor’s Note: This post was co-authored by Brian Patrick Quinn, Patrick Connelly, Patricia Hurter, John Condon, Peter Mueller & Joshua Boger of Vertex Pharmaceuticals.] American companies, in recent years, have developed a massive appetite for foreign labor. The shirt you’re wearing, the cell phone you’re using, and even the medicine you’re taking might have been … Continue reading “Build It In The Back Yard: Why We Need American Manufacturing”
Kite Pharma Garners $250,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36bd192c-023b-4c8c-8f7d-35ac280d4f97&Preview=1 Date 12/14/2012 Company Name Kite Pharma Mailing Address 10924 Le Conte Avenue Los Angeles, CA 90024 Company Description Kite Pharma, Inc. is a privately held development stage biotechnology company engaged in the design and development of pioneering immune-based targeted therapies to treat different cancer indications. Kite has a portfolio of proprietary … Continue reading “Kite Pharma Garners $250,000 New Round”
Kite Pharma Secures $250,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36bd192c-023b-4c8c-8f7d-35ac280d4f97&Preview=1 Date 12/14/2012 Company Name Kite Pharma Mailing Address 10924 Le Conte Avenue Los Angeles, CA 90024 Company Description Kite Pharma, Inc. is a privately held development stage biotechnology company engaged in the design and development of pioneering immune-based targeted therapies to treat different cancer indications. Kite has a portfolio of proprietary … Continue reading “Kite Pharma Secures $250,000 New Funding”
MiTú Obtains New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e524d351-cf66-4683-ac23-d51a4868c2ec&Preview=1 Date 12/14/2012 Company Name MiTú Mailing Address Undisclosed Los Angeles, CA 90049 Company Description MiTú, a Los Angeles-based multi-channel YouTube network dedicated to Latino content. Website http://www.youtube.com/user/mitu Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor The Chernin Group … Continue reading “MiTú Obtains New Funding”
AppStack Obtains $6,207,424 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6884427-c268-44c5-a89c-e8342b0d2564&Preview=1 Date 12/14/2012 Company Name AppStack Mailing Address 20250 Hawthorne Blvd Torrance, CA 90503 Company Description With more than 100 million smartphones on the market, the tools needed to grow a business are literally at your fingertips. Here at AppStack, we are harnessing the power of mobile to open the doors for … Continue reading “AppStack Obtains $6,207,424 New Financing”
NetPlenish Garners $100,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2e37c3cc-f109-45c4-bd9f-f265267dfa52&Preview=1 Date 12/14/2012 Company Name NetPlenish Mailing Address 505 Poli Street Ventura, CA 93001 Company Description NetPlenish puts the best pricing in your hands for your favorite products. We turn a boring 45 minute run to the store for diapers, dog food and detergent into 45 seconds on your iPhone or Android. … Continue reading “NetPlenish Garners $100,000 New Round”
Initiative Opens Plug and Play Startup Camp, and $25K, to SD Startups
Silicon Valley’s Plug and Play Tech Center has opened its Startup Camp program to San Diego-based seed-stage companies under a new initiative organized by StartupCircle and Alex Roudi, a San Diego real estate investor. San Diego companies that qualify for the Startup Camp program also would be eligible for $25,000 in startup funding, according to … Continue reading “Initiative Opens Plug and Play Startup Camp, and $25K, to SD Startups”
BeyondTrust Acquires NY’s Blackbird Group, Deepens AD Security
BeyondTrust, the Carlsbad, CA-based network security provider, says today it has acquired the Blackbird Group, a New York specialist in Windows Active Directory (AD) systems management and auditing software. Financial terms were not disclosed. The deal is the latest in an acquisition spree by BeyondTrust, a specialist in software that controls user privileges and helps … Continue reading “BeyondTrust Acquires NY’s Blackbird Group, Deepens AD Security”
Enevate Obtains $24,000,000 Series B Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a1d79f80-938a-4b79-861d-8bd45a61f265&Preview=1 Date 12/13/2012 Company Name Enevate Mailing Address 101 Theory Irvine, CA 92617 Company Description Enevate Corporation is a leading rechargeable energy storage technology company based in Irvine, CA. Enevate has breakthrough industry patents delivering the promise of tomorrow’s battery capacity in today’s standard Li-ion ecosystem. Enevate’s batteries are based on innovative … Continue reading “Enevate Obtains $24,000,000 Series B Financing”
Pernix Buyout Ends Generic Nightmare for Sleeping Pill Maker Somaxon
Embattled Somaxon Pharmaceuticals (Nasdaq: [[ticker:SOMX]]), which came under pressure from generic rivals just eight months after launching its first commercial drug, has agreed to merge with Pernix Therapeutics Holdings (NYSE: [[ticker:PTX]]) in a deal valued at $25 million. Pernix, based in suburban Houston, agreed to issue $25 million in shares of its common stock to … Continue reading “Pernix Buyout Ends Generic Nightmare for Sleeping Pill Maker Somaxon”
When VCs Run Out of Energy: The New Era of Cleantech Investing
The hasty promotion of cleantech to the high expectations of high-tech and biotech led to well-documented investment disasters. Capital intensity, time to exit—as we all know by now, energy simply isn’t IT (with all due respect to the plucky, if likely short-lived, promotion of “clean Web”). The apparent decline of the word cleantech may be … Continue reading “When VCs Run Out of Energy: The New Era of Cleantech Investing”
Isis Pharmaceuticals Adds More Deals to Partnership Portfolio
Isis Pharmaceuticals (Nasdaq: [[ticker:ISIS]]) has long followed a strategy of spreading its broad drug development program (the company lists 21 drugs in clinical trials) among a variety of pharmaceutical partners. It’s a strategy that enables Isis to generate a diverse stream of revenue from license fees, milestone payments, royalties, profit-sharing, and other payments, while optimizing … Continue reading “Isis Pharmaceuticals Adds More Deals to Partnership Portfolio”
Fred Cutler: A Life Behind the Scenes of the Computer Revolution
I reached out yesterday to Fred Cutler’s family for a little more information about Fred’s career, how he came to San Diego, and what he did after supporting technology entrepreneurship for three years at the helm of Connect. As I’ve reported, Fred Cutler died Dec. 2 in Madison, WI. His son Dave responded with an … Continue reading “Fred Cutler: A Life Behind the Scenes of the Computer Revolution”
What’s Hot in Digital Health? The Venture Capital Perspective
The U.S. healthcare market is ripe for technical disruption. Costs are spiraling out of control while quality of service and customer satisfaction continue to go down. The system is opaque, complex and fragmented. Regulation is required but imposes heavy costs. As in other industries before it, the healthcare sector can benefit from technology-enabled efficiency gains … Continue reading “What’s Hot in Digital Health? The Venture Capital Perspective”
Cancer Claims Fred Cutler, SD Internet Executive and Connect Leader
Fred Cutler, a longtime San Diego marketing executive and consultant who spent several years as director of Connect, the San Diego nonprofit group for technology entrepreneurship, has died after a battle with cancer, according to a memorial website sponsored by his family. Duane Roth, who was named in 2004 as Connect CEO, disclosed his predecessor’s … Continue reading “Cancer Claims Fred Cutler, SD Internet Executive and Connect Leader”
San Diego Connect’s 2012 Most Innovative Product Award Winners Are…
Connect, the nonprofit San Diego group supporting technology entrepreneurship, marked the 25th anniversary of its annual Most Innovative Products Awards Friday, recognizing nine companies and two individuals. The awards program was conceived as a way to highlight local innovations brought to market in the previous 18 months. More than 800 people attended the luncheon at … Continue reading “San Diego Connect’s 2012 Most Innovative Product Award Winners Are…”
In-Car Health Monitoring: Lemon or Lifesaver?
Patient monitoring outside the hospital has been a hot topic (and also a not so hot topic) for the past 15 years. Starting back in the late 1990s with companies like Health Hero, a company whose products for patient home monitoring are still in use today, company after company has sought to bring a successful … Continue reading “In-Car Health Monitoring: Lemon or Lifesaver?”
The Road to Predictable Innovation: Genomics in Drug R&D
There is a great need by large biotechs and pharma companies to show true and more predictable innovation. In an industry report issued just last week by Deloitte and Thomson Reuters, analysis of the top 12 pharmaceutical companies globally shows that the risk in new drug discovery have grown worse. The report notes an increasing … Continue reading “The Road to Predictable Innovation: Genomics in Drug R&D”
The Wisconsin Biotech Story: Slow and Steady Wins the Race
[Updated 1:04 pm PT] They say you can’t go home again. But sometimes you can go home after a few years and notice that your home has changed quite a bit. This past week, I went back to Wisconsin, where I’m originally from, to visit family and do some reporting. I stopped by the capitol, … Continue reading “The Wisconsin Biotech Story: Slow and Steady Wins the Race”
SEC’s Action Against Hastings a Step Backwards
Last night, Netflix disclosed that the Securities and Exchange Commission, @sec_news if you want to follow them on Twitter, intends to institute a cease and desist proceeding and/or bring a civil injunction against Netflix and its CEO Reed Hastings for a posting he made on the social media website Facebook this summer. As an individual … Continue reading “SEC’s Action Against Hastings a Step Backwards”
Pearl Harbor: A Day That Should Live in Innovation
Almost everyone raised in America knows the story of Pearl Harbor. On the morning of December 7, 1941—71 years ago today—the Japanese Imperial Navy launched a surprise attack on the U.S. naval base at Pearl Harbor in Hawaii, claiming eight battleships and other vessels, and 2,403 military and civilian lives, nearly as many as on … Continue reading “Pearl Harbor: A Day That Should Live in Innovation”
San Diego Life Sciences Roundup: Optimer, Volcano, Avelas Bio, & More
San Diego’s life sciences community experienced an early December flurry of deals over the past week, led by Optimer, Volcano, Avelas Bio, and Biomatrica. We’ve got that and more. —Optimer Pharmaceuticals (Nasdaq: [[ticker:OPTR]]), which recently opened a new headquarters in Jersey City, NJ, said it had signed an agreement with AstraZeneca to commercialize Optimer’s fidaxomicin … Continue reading “San Diego Life Sciences Roundup: Optimer, Volcano, Avelas Bio, & More”
How to Crowdfund Your Dream: Checking In on Our Kickstarter Fund
Back on Nov. 9, I published a list of 10 Kickstarter projects every geek should support, and put my money where my mouth was by creating the World Wide Wade Kickstarter Fund. I pledged $10 to each project on the list (eventually there were 13 in all), and promised that I’d return in a few weeks … Continue reading “How to Crowdfund Your Dream: Checking In on Our Kickstarter Fund”
Avelas Biosciences Secures $7,650,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c89042f-0781-48f3-9d25-d74f212f05e2&Preview=1 Date 12/7/2012 Company Name Avelas Biosciences Mailing Address 11099 N. Torrey Pines Road La Jolla, CA 92037 Company Description At Avelas Biosciences, our mission is to advance a new standard-of-care in cancer surgery by providing a real time luminous map for oncologic surgeons, leading to improved surgical results and better outcome … Continue reading “Avelas Biosciences Secures $7,650,000 Series A Funding”
Tealium’s Incoming CEO Sets Goal to Be San Diego’s Next Big Deal
Jeff Lunsford says when he oversaw the IPO of WebSideStory back in 2004, the San Diego Web analytics company was only the third company to go public with a business model based on the idea of providing software as a service (SaaS). “We were right behind Salesforce.com and RightNow Technologies,” Lunsford said, referring to the … Continue reading “Tealium’s Incoming CEO Sets Goal to Be San Diego’s Next Big Deal”
TrendSpotting: eFood, iEat
The food industry may seem like the last bastion of brick and mortar companies, relying solely on human efforts. Think again. A new crop of entrepreneurs are taking our love of food out of the kitchen and into the digital realm. Several members of 1M/1M, our global virtual startup incubator, have created specialty brands that … Continue reading “TrendSpotting: eFood, iEat”
Avelas Bio Raises $7.65M to Advance Fluorescing Diagnostic for Cancer
San Diego’s Avelas Biosciences says today it has closed on $7.65 million in a Series A financing round—raised entirely from San Diego-based Avalon Ventures—to advance the use of fluorescing tags that change color in the presence of cancer cells. The technology, developed by the Nobel laureate Roger Tsien, is initially intended for use in fluorescence-guided … Continue reading “Avelas Bio Raises $7.65M to Advance Fluorescing Diagnostic for Cancer”
Biomatrica Obtains $5,000,000 New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eed733b3-67e3-42ca-af33-379902758b44&Preview=1 Date 12/6/2012 Company Name Biomatrica Mailing Address 5627 Oberlin Dr. San Diego, CA 92121 Company Description Biomatrica is a San Diego-based biostability company that provides innovative technologies for stabilizing, processing, storing and shipping biological samples at room temperature. Website http://www.biomatrica.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Undisclosed Proceeds … Continue reading “Biomatrica Obtains $5,000,000 New Funding Round”
With EPOS Purchase, Qualcomm Reveals Growing Presence in Israel
Brian Sagi of San Diego’s Cerian Technology Ventures has pulled together a few disparate threads of mobile technology news that offer some interesting insights about recent initiatives by Qualcomm (NASDAQ: [[ticker:QCOM]]), the wireless technology giant. Cerian provides a variety of services in technology-based transactions. Sagi says his firm was hired to serve as a strategic … Continue reading “With EPOS Purchase, Qualcomm Reveals Growing Presence in Israel”
Three Big Themes from the Personalized Medicine Conference
Hello from Boston, and from the 2012 Partners Personalized Medicine Conference, which last week brought together life science thought leaders from business, research and technology. Several themes that emerged from this year’s program: Genomes, genomes, genomes. Previous personalized medicine conferences had tended to focus on commercialization of and reimbursement for traditional molecular diagnostics. This year, … Continue reading “Three Big Themes from the Personalized Medicine Conference”
Shopatron Receives $4,000,000 New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d4c2c9c7-6ec7-4c5c-b925-e90d434a8fb7&Preview=1 Date 12/5/2012 Company Name Shopatron Mailing Address 825 Buckley Road San Luis Obispo, CA 93401 Company Description Shopatron is the leading provider of retailer-integrated e-commerce solutions, allowing branded manufacturers to accept orders online and fulfill them through their retailer or dealer channels. Shopatron serves the needs of manufacturers, retailers and consumers, … Continue reading “Shopatron Receives $4,000,000 New Financing”
HHS CTO Bryan Sivak on How Government Can Spur Healthcare Innovation
It’s not every entrepreneur who even entertains the notion of moving from business to government. Bryan Sivak, though, has made the shift three times over. Sivak left his job at the company he helped create for a position in city government (as Chief Technology Officer for Washington, DC), then became Maryland’s Chief Innovation Officer, and … Continue reading “HHS CTO Bryan Sivak on How Government Can Spur Healthcare Innovation”