Osteal Therapeutics, a Dallas-based biopharmaceutical company, has successfully closed a $50 million Series D financing round. The funding was led by Zimmer Biomet, with participation from existing investors Johnson & Johnson Innovation – JJDC, Inc., Gideon Strategic Partners, and HM Capital. The funds raised will be used to support the submission of a New Drug Application and the commercial launch of Osteal’s lead candidate, which is a seven-day treatment for periprosthetic joint infection. The company has conducted two multicenter, randomized, controlled trials for the treatment and Osteal plans to seek FDA approval.
Andy Kelly has been appointed as the CFO for Medical City Frisco. Kelly will oversee all financial departments in his new role, including finance, patient access, health information management, case management, revenue integrity, IT&S, and supply chain. With years of strategic experience, Kelly previously served as the CFO of Healthtrust Supply Chain of North Texas and the Central & West Texas division. He also was Vice President of Finance for Medical City Plano and Medical City Frisco. The CEO of Medical City Frisco, Christina Mathis, expressed confidence in Kelly’s abilities to contribute to the vision of providing excellent healthcare in Frisco and the surrounding communities.
Therapy Fort Worth and Counseling Center has been voted as the top counseling service for the second consecutive year in the Fort Worth Star-Telegram‘s DFW Favorites reader poll. This year’s poll received a record-breaking turnout of over 209,000 votes, twice the number from the previous year. Located in WestBend alongside the scenic Trinity River, Therapy Fort Worth credits its success to its dedication to personalized and collaborative therapy. Their services include evidence-based individual and couples therapy, as well as counseling for trauma, PTSD, and postpartum depression. Therapy Fort Worth offers counseling sessions both in-person and virtually through secure and HIPAA-compliant live video sessions.
The University of North Texas Health Science Center at Fort Worth’s Department of Internal Medicine & Geriatrics has received a $5 million grant from the Health Resources and Services Administration. The grant aims to improve health care for older adults and will continue for five years. The funding will be used to enhance training for geriatric healthcare professionals through the Workforce Enhancement in Healthy Aging and Independent Living (WE HAIL) Collaborative program. The WE HAIL Collaborative, consisting of 13 organizations, is one of 42 grantees nationwide and aims to improve age-friendly and dementia-friendly care for older adults in the Texas and Oklahoma regions. The program will be led by a team of interdisciplinary faculty and staff, including experts in geriatric medicine, pharmacy, nursing, and public health. Collaborating with academic and community partners, the program will address workforce shortages and training gaps in underserved communities.
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