MINNEAPOLIS (PRWEB) May 26, 2015
TreeHouse Health (http://www.TreeHouse-Health.com), an innovation center for emerging and established healthcare companies, today announced it has made an investment in OvaGene Oncology Inc., an Irvine, California-based biotechnology company. OvaGene Oncology specializes in the development and commercialization of personalized gene-based diagnostics for gynecologic cancers and pre-malignant gynecologic disorders.
“Adding OvaGene to the TreeHouse Health ecosystem is very exciting. This company exemplifies innovation, which is a leading characteristic we look for in Portfolio Companies at TreeHouse Health. We see them adding a great deal of value, not only within TreeHouse Health, but in the industry as well,” says John Blank, M.D., and Chairman of TreeHouse Health.
The OvaGene team is highly experienced in cancer diagnostics and has developed strong relationships with doctors, medical centers and academic institutions in the field. The technology OvaGene has developed allows for a significant improvement on how gynecological cancers are assessed and treated.
“OvaGene is grateful to become a part of the TreeHouse Health family as a portfolio company,” said Frank J. Kiesner J.D., Chairman and CEO of OvaGene Oncology. “Our relationship with Treehouse Health has created many new opportunities for Minnesota-based financing, collaborative research, and senior management additions that have been invaluable to our company’s growth and expansion. Treehouse Health has been a significant resource for us as we carry out our mission of improving the care of women suffering from gynecologic cancer and pre-cancerous conditions.”
The OvaGene team will co-locate their operations in Irvine and Minneapolis. While in Minneapolis, the team will work out of the 13,000 sq. ft. TreeHouse Health facility in the Loring Park neighborhood of Minneapolis, and have access to a multiple local resources connected with TreeHouse Health.
About TreeHouse Health LLC
Launched in October 2013, TreeHouse Health is a Minneapolis-based innovation center investing in and supporting entrepreneurial growth for both large and emerging companies in healthcare. To date, TreeHouse Health has invested in eight early-stage companies in healthcare and is partnered with Blue Cross and Blue Shield of Minnesota (BCBS) and Hennepin County Medical Center (HCMC). Learn more at TreeHouse-Health.com. Interested in joining TreeHouse Health? Visit http://treehouse-health.com/join-us or email a business plan to info(at)treehouse-health(dot)com.