Safeguard’s convertible debt deal last November reduced Safeguard’s debt to less than a third of its debt level in 2005 and cut interest rate expenses nearly in half. During an interview earlier this week with Maxwell Murphy of the Wall Street Journal, Safeguard’s newly appointed CFO Jeff McGroarty explained that “We looked at the market [...]Posted by John E. Shave III
The first quarter 2013 GDP numbers posted on Friday and were greeted with mixed emotions on Wall Street. FOX Business asked Safeguard’s President and CEO, Steve Zarrilli, to participate on a panel for MONEY with Melissa Francis that looked at how the Bureau of Economic Analysis intends to adjust the calculation based on changes in the [...]Posted by John E. Shave III
President and CEO Steve Zarrilli announced further progress toward our goals during the first quarter of 2013 in our conference call yesterday. With the addition of Sotera Wireless and Pneuron, there are now 20 partner companies in the Safeguard family, and we reiterated that we expect partner company aggregate revenue to be between $250 million [...]Posted by John E. Shave III
When looking for investors, entrepreneurs used to have a tendency to sign with the first VC who came through the door with money. Today, that’s seldom the case. Instead, startups and entrepreneurs weigh a number of options when choosing an investor, namely operational expertise, the extent of their network, access to customers, financial partners and [...]Posted by Stephen T. Zarrilli
Last night, cardiologist Dr. Eric Topol, chief academic officer of Scripps Health, was a guest on The Colbert Report, where he discussed his new book, “The Creative Destruction of Medicine: How the Digital Revolution Will Create Better Health Care.”
As part of this 5min segment, Dr. Topol featured Sotera Wireless’ ViSi Mobile device.
The Colbert Report
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Safeguard Scientifics will release its financial results for the first quarter ended March 31, 2013 prior to market open on Thursday, April 25, 2013.
The conference call and webcast will be held at 9:00am EDT at www.safeguard.com/results. The dial-in number is 877-317-6789 // (International) +412-317-6789.
A replay will be available through May 27, 2013 at 9:00am EDT. The replay dial-in is 877-344-7529 [...]
Developers need customers and companies need innovation. It’s a no-brainer that these two groups should be working more closely together, but for some reason the connection has yet to be made.
The Philly Enterprise Hackathon sets out to shift this paradigm by connecting great developers with “big world” opportunities inside the enterprise—turning ideas into viable products or companies.
Are you the country’s best unknown business? You know the kind. Maybe it’s that killer technology start-up that has yet to make the radar. Or perhaps it’s some new wonder drug that will increase life expectancy. Or could it be that new sustainable business that’s doing great financially while doing good for the world?
If so, [...]
Six months from today, Safeguard will officially turn 60 years old.
To commemorate our diamond anniversary, we launched our Facebook page which features a detailed timeline of Safeguard’s history and our storied past of supporting entrepreneurs and innovation.
Over the coming months, we’ll share highlights from the past 60 years including how Safeguard has evolved and withstood [...]
The stage has been set for Safeguard in 2013 and beyond with an increase in activity on all fronts.
That’s how our President and CEO, Steve Zarrilli, summed up many of Safeguard’s achievements in 2012, which were highlighted in our fourth quarter and year-end conference call this morning.
“In 2013, we intend to be more proactive in [...]
According to the Institute of Medicine, $750 billion in healthcare spending was wasted in 2009. And while its rate of growth has slowed, healthcare spending remains a major concern. That’s why opportunities abound for companies with new products and services that can improve patient outcomes and trim costs.
One emerging technology is actionable diagnostics, an innovative [...]