TheraB Medical Products Announces Investment and Key Team Members from Healthcare Equity Angels
LANSING, MI. (August 14, 2023)— TheraB Medical Products, a medical technology company focused on improving neonatal care, is excited to announce a significant investment from Healthcare Equity Angels (HEA), a leading healthcare-focused angel investment group. HEA brings significant knowledge and experience in the healthcare industry and joins other investors, including Michigan Rise, a founding investor, in support of TheraB and their mission.
Healthcare Equity Angels' investment will enable TheraB Medical to accelerate the development and commercialization of its groundbreaking wearable medical device, SnugLit.
In addition to the investment, two key HEA members have joined TheraB as advisors and part time team members. TheraB is thrilled to welcome Jack Topdjian and Liz Haar, who will play instrumental roles in the company's growth and innovation journey.
Jack Topdjian, founder of HEA, joins the TheraB team as an active Advisor. Jack has over 30 years experience in Private Equity and Advisory services in the healthcare and technology industries, and was a Partner in top advisory firms such as McKinsey, PwC, Booz and Deloitte.
Elizabeth (Liz) Haar, member of HEA, joins the TheraB team as an active Advisor and Board Member. Over half of Haar’s 35-year career in the health and property and casualty insurance industries was in President and CEO roles, creating, acquiring and merging dozens of companies.
"We are thrilled to partner with Healthcare Equity Angels as we embark on this phase of change for TheraB," said Alexa Jones Founder and CEO of TheraB Medical. "This investment not only validates the importance of our mission, but also enables us to make significant progress towards our goal of commercializing SnugLit in North America and India. We are equally excited to welcome Jack and Liz to our team. Their expertise will undoubtedly drive TheraB’s growth in the coming months.”
"This investment is a testament to TheraB Medical's innovative solutions and its potential to positively impact infant health and new parent experience" said Jack Topdjian, Founder of Healthcare Equity Angels. "Our involvement with TheraB is aligned with HEA’s mission to improve the outcomes of the most vulnerable patients while supporting underrepresented founders."
About Healthcare Equity Angels
Healthcare Equity Angels supports healthcare startups who address global healthcare challenges leveraging advances in technology. HEA believes in supporting diverse founders as true innovation comes from a multiplicity of ideas and backgrounds.
TheraB Medical is a medical device company focusing on wearable devices for infants and children, improving health outcomes as well as enhancing the treatment experience for patients, families and clinicians. TheraB is commercializing its first product, Snuglit, a portable and wearable phototherapy device for the treatment of infant jaundice.
Contact: Alexa Jones, CEO, TheraB Medical
TheraB Medical is a medical device company commercializing its first product, SnugLit — the only portable, wearable phototherapy garment that allows maternal-infant bonding and breastfeeding without interrupting treatment.