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Bedal International raises $11 Million to boost growth of its FlexGRIP® catheter securement devices

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DIEPENBEEK, Belgium and ANAHEIM, Calif. , July 12, 2024 /PRNewswire/ — Bedal International, a Belgian based medical device company delivering next generation catheter securement solutions, today announces the successful closing of a $11 million funding round. The investment will be used to support the company’s ongoing global growth. Bedal has offices in Belgium (EU) and in Anaheim, CA.

The funding round was led by White Fund, a Belgian MedTech venture capital fund, and SFPIM, the sovereign wealth fund of Belgium. The round also saw participation from U.S.-based MedTech investors, as well as Bedal’s leading existing investors, F3Finance and LRM. The management team of Bedal also contributed to this funding round.

“Since we founded Bedal, it has already been an incredible journey from launching the devices to growing into a global footprint.” said Alexander Van Damme, CEO of Bedal International. “This new funding marks the beginning of a next chapter for us, focused on setting a new standard in the market.”

Bedal markets the FlexGRIP catheter securement devices, which help patients safely secure their catheters, reducing the risk of complications and improving overall patient outcomes. The FlexGRIP devices are in use in more then 34 countries globally, and Bedal succesfully closed global deals with market leading catheter companies. The additional funding will allow Bedal to expand its operations and commercial efforts, with a strong focus on further growing in the US market.

“White Fund and SFPIM are excited to support Bedal’s mission to improve patient care through its innovative devices,” said Eric Brandt of White Fund, Céline Vaessen, CIO at SFPIM also adds “We believe in Bedal’s potential to become the golden standard for catheter care. We are proud to be part of their promising growth journey and are committed to supporting their product development engine with the ambition of making a profound impact on the lives of patients and caregivers.”

Previously, Bedal also attracted an industry veteran, Steve Bierman, MD, who was the original creator of the industry and developed the catheter securement market. Dr. Bierman has taken on the role of co-CEO, bringing his extensive experience and vision to the company.
Bedal was founded based on the experiences of one of the founders, who discovered the challenges of catheter care during his cancer treatment. The FlexGRIP devices are used hospital wide in applications such as cancer treatment, post operative care and the Intensive care unit. Recently, Bedal also launched a pediatric range of products, tailored to the needs of young patients.

FlexGRIP is a registererd trademark of Bedal International

About White Fund
White Fund is a Belgian venture capitalist fund specifically dedicated to the medtech sector and positions itself as a high value-added investment fund. In addition to its finance mission, White Fund aims to support companies in the key stages of their development. Its multi-disciplinary team and extensive network, with experience of both medtech expertise and the world of investment, are key assets for portfolio companies.
More info: www.whitefund.be

About SFPIM
The Federal Participation and Investment Company (SFPIM) is Belgium’s Sovereign Wealth Fund. SFPIM aims to be a reliable partner for Belgian companies, both SMEs and scale-ups, helping them become leaders in their sectors by offering “smart capital solutions.” SFPIM also plays a significant role in ensuring the long-term stability of the Belgian economy by contributing to the anchoring of strategic assets through “smart capital solutions” in both promising and established companies or ecosystems.
SFPIM invests in a wide range of companies and sectors, including life sciences, finance, aerospace, energy, transport & mobility, and impact investing. More info: www.sfpim.be

About F3 Finance
F3 Finance is a niche investment boutique for family investors and entrepreneurs. With a focus on public and private equity investments, F3 Finance aims to support companies in realizing their growth plans.
More info: www.f3finance.be

About LRM
LRM is a return-driven investment company that fosters and stimulates sustainable economic growth in and from Limburg. We are the driving force in a unique regional ecosystem, providing risk financing and expertise to companies and projects that promote prosperity and well-being in Limburg and Flanders.
More info: www.lrm.be 

About Bedal International
Bedal International, a dynamic scale-up in the medical device industry, focuses on specialized catheter securement solutions. The FlexGRIP® products prioritize patient well-being and healthcare provider convenience. Dedicated to innovation, Bedal International strives to enhance the overall quality of patient care. Explore more at www.flex-grip.com

Photo – https://mma.prnewswire.com/media/2459204/FlexGRIP_catheter_securement.jpg

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SOURCE Bedal International

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National Center for Charter School Accountability Launches with Analysis of State Charter School Laws

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The National Center for Charter School Accountability provides research and recommendations on increasing transparency and accountability for charter schools.

NEW YORK, Sept. 23, 2024 /PRNewswire/ — The Network for Public Education (NPE) announces a new project, the National Center for Charter School Accountability (NCCSA), to provide research and recommendations on increasing transparency and accountability for charter schools. NPE is the leading organization that advocates revising state charter laws to make charter schools better align with the original vision of charter schools as teacher and parent-led schools of innovation that complement, not compete with, the public school system.

“The charter sector, now saturated with impersonal national chains and for-profit management corporations, has strayed far from the original mission of charter schools. A few states follow that vision; most do not. We regularly receive calls from charter school parents, teachers, and public school advocates raising concerns. The Center will educate the public with facts and provide information on how best to address concerns,” said Carol Burris, the Executive Director of NPE.

The Center includes a searchable database of news stories highlighting problems regarding charter schools. It also provides a portal where parents and taxpayers can submit questions and complaints. It also provides access to nine NPE research reports on charter schools, including reports on charter closures and for-profit-run charter schools.

In addition to research and reports, NCCSA evaluates state laws based on accountability, responsible growth, community input, and protections for students and taxpayers. An interactive map shows the number of open and closed charter schools in each state.

“The Center will grow over time, providing information unavailable on charter trade group sites. One million students have been displaced due to charter closures. In the age of choice, parents and taxpayers deserve the facts,” Burris added.

Commenting on the new project, NPE President Diane Ravitch noted, “NCCSA is a valuable resource for parents, taxpayers, policymakers, and the press who want to be informed about the status of charter schools. Accountability matters, and the Center will provide it via accurate and timely information.”

Access to NCCSA can be found here.

The Network for Public Education is a national advocacy organization with over 350,000 members and 200 grassroots groups. Its mission is to preserve, promote, improve, and strengthen public schools for current and future generations of students.

Contact: Carol Burris
cburris@networkforpubliceducation.org
(646) 678-4477

View original content:https://www.prnewswire.com/news-releases/national-center-for-charter-school-accountability-launches-with-analysis-of-state-charter-school-laws-302256096.html

SOURCE Network for Public Education

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Vermont State Dental Society, University of Detroit Mercy, Sanders, and Welch Announce Historic Effort to Advance Dental Care and Education Across State

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BURLINGTON, Vt., Sept. 23, 2024 /PRNewswire/ — The Vermont State Dental Society (VSDS), University of Detroit Mercy (UDM), Senator Bernie Sanders, and Senator Peter Welch are partnering to bring an innovative Dental Oral Health Education Center to Vermont in Fall 2027. This new dental clinic and education program would bring UDM students to Vermont to complete their final years of training – strengthening the dental care provider pipeline and expanding access to much-needed care across the state.

At a recent press conference, VSDS, UDM, Sanders, and Welch celebrated the program receiving its accreditation from the Commission of Dental Accreditation (CODA) – an essential step in establishing the teaching program in Vermont.

Sanders and Welch are working to secure $4.6 million in federal funding through the FY25 Congressionally Directed Spending process to support this historic initiative. The funding was recently approved by the Appropriations Committee and needs to be passed by the House and the Senate before being signed into law by President Biden.

The tentative location for the new center will be in Chittenden County.

VSDS, a nonprofit professional healthcare organization whose mission is to improve the oral health of Vermonters and to serve the profession of dentistry in the state, is pioneering the new institution with UDM as it brings more than 90 years of experience in educating dentists worldwide.

Beginning in the fall of 2025, this partnership will include two years of foundational and preclinical education at the UDM School of Dentistry Campus in Detroit, followed by two years of clinical and didactic education at a new dental clinic based in Colchester. The Detroit Mercy-Vermont dental program will offer DDS dental education in the state of Vermont, accredited by the Commission of Dental Accreditation (CODA).

University of Detroit Mercy-Vermont will house modern classrooms with on-site clinics to support its clinical education program and serve as a public health Medicaid clinic to provide dental care to qualifying individuals. Extending its reach beyond its Colchester facility, the new dental program will partner with clinical organizations in Vermont to reach areas with a shortage of dental health professionals and underserved populations.

As Vermont’s professional association for dentists, the VSDS works diligently to enhance the oral healthcare environment in the state. With just under 400 members, VSDS includes more than 80% of the state’s practicing dentists. VSDS provides resources, educational information, and support for its members and the public and advocates for public policies and systems to improve oral healthcare for all Vermonters.

University of Detroit Mercy is Michigan’s largest and most comprehensive independent Catholic university, sponsored by the Sisters of Mercy of the Americas and the Society of Jesus (the Jesuits). For more information, please visit www.udmercy.edu.

View original content:https://www.prnewswire.com/news-releases/vermont-state-dental-society-university-of-detroit-mercy-sanders-and-welch-announce-historic-effort-to-advance-dental-care-and-education-across-state-302256126.html

SOURCE University of Detroit Mercy

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eBay Announces Samantha Wellington as Senior Vice President, Chief Legal Officer, General Counsel and Secretary

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SAN JOSE, Calif., Sept. 23, 2024 /PRNewswire/ — eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today announced the appointment of Samantha Wellington as Senior Vice President, Chief Legal Officer, General Counsel and Secretary. In this role, Samantha will oversee all global aspects of eBay’s legal department, including Government Relations, intellectual property, employment, litigation, regulatory and corporate work across our financial services, marketplaces, and product and technology organizations. Samantha will report directly to Jamie Iannone, eBay’s Chief Executive Officer, and will join the company on October 7, 2024.

Samantha joins eBay with a distinguished career in legal and business affairs, most recently serving as TriNet’s Executive Vice President of Business Affairs, Chief Legal Officer, and Secretary. In this role, Samantha led a team of professionals across Legal, Compliance, Government Affairs, Customer Service, Sales, Operations, Product Management, Engineering, Technology, and Risk. Her leadership focused on spearheading initiatives that address the evolving workplace dynamics for TriNet’s customers, facilitating capital access for small business owners, and enhancing customer service experiences to support business growth. Prior to TriNet, she spent 12 years at Oracle, where she held a number of senior legal positions.

“Samantha has successfully led multifaceted teams and navigated complex legal and regulatory environments throughout her career,” said Jamie Iannone, Chief Executive Officer, eBay. “Samantha’s expertise will be invaluable as we continue to innovate and grow our global marketplace while ensuring we meet our legal and ethical responsibilities. Her passion for empowering small businesses aligns perfectly with eBay’s purpose, and I’m excited to welcome her to the team.”

“My parents started their business by selling skateboard parts at the open market in Sydney, so I have a deep appreciation for eBay’s role in empowering businesses of all sizes,” said Samantha Wellington. “As a longtime eBay user and collector, I am passionate about helping others unlock similar opportunities and connecting people with what they love.”

Samantha holds Bachelor’s Degrees in Creative Arts and Laws from Wollongong University, as well as a Master of Laws in Communication and Technology Law from the University of New South Wales. She has served as a board member for the National Association of Professional Employer Organizations and BSA, The Software Alliance.

Samantha replaces Marie Oh Huber, who left eBay in June after nine years as General Counsel. 

About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in San Jose, California, eBay is one of the world’s largest and most vibrant marketplaces for discovering great value and unique selection. In 2023, eBay enabled more than $73 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

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SOURCE eBay Inc.

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