BioMedTexas

In   my previous post   I had assembled a list of Texas-based LifeSci/MedTech companies listed on the two major US stock exchanges, NYSE and NASDAQ   [ Note: I've added an additional company, Hanger, Inc., to the list since originally publishing the post ]. I felt this was a good start, but I realized I'd also have to identify the large privately held companies i n order to get a really good sense of who the major players are in the Texas biomedical industry. I decided to define "largeness" as a function of the company's latest annual revenue as reported by LexisNexis*. I used a cut-off of $10 million, which seemed reasonable with respect to the annual revenues being reported by the NYSE- and NASDAQ-listed companies seen  previously . I excluded companies that are subsidiaries of other LifeSci/MedTech companies. I did, however, include companies that are owned by private equity.   Below is the list of privately held TX-based biomedical companies wi...

[Monday, 22 April 2013:  I added Hanger Inc. (HGR, NYSE), an Austin-based prosthetics and orthotics company I had originally missed, to the list] [Thursday, 02 May 2013:  fixed the location of Hanger Inc. (HGR, NYSE) - changed from Dallas to Austin] I have another few posts coming up on Texas-based awardees of the SBIR program. But first, a quick digression. +Levi Shapiro  asked me the following question during a phone conversation we had earlier today:  who are the "Big Players" in the Texas biomedical industry that are listed in the major stock exchanges? I knew about Luminex (LMNX, NASDAQ) off the top of my head. Other than that, though, I really had no idea. Following the advice of +Lauren Nise  , I used LexisNexis (courtesy of the UT Dallas Eugene McDermott Library ) to generate a list of publicly traded biomedical companies headquartered in Texas that are listed in either NYSE or NASDAQ. Here are the companies I found: (Open spreadsheet as a se...

The SBIR (Small Business Innovation Research) program is a federal initiative that provides funding for small businesses to engage in research and development.  Tracking SBIR awardees, I believe, should be a great method for identifying entrepreneurial, innovation-oriented players within the Texas economy.  I decided to identify which Texas-based companies in the healthcare/biomedical industry have received SBIR awards in the recent past, and how much funding they have obtained. The SBIR website contains a well-curated database of all current and past awardees (for visualizing national trends, be sure to check out their amazing "Graphical Tools" page). I pulled up a list of all SBIR awards given to Texas-based companies between 2008 and 2012 that were sponsored by the Department of Health and Human Services – thus limiting the search results to grants awarded to companies in the healthcare/biomedical industry. The list consisted of 186 grants awarded to 85 different co...