![]() The couple ran Center City pharmacy services company excelleRx - Cal was founder and CEO and Orsula was Chief Marketing Officer, and sold it to Omnicare for $268.8 million in 2005. CareKinesis scored a Drug Enforcement Agency approval for its e-prescribing platform last November. Their revenues saw a 45 percent jump in 2015, comparing revenues over the first three quarters of 2015 to the same period in 2014. The company made $48.4 million in revenue in 2014, a 93 percent jump over revenue in 2013, according to the filing. They plan to open a 75,000-square-foot office in Moorestown in the spring of 2016, and they’re committed to New Jersey: last year, the state gave Tabula up to $9.69 million in tax credits over 10 years to keep them from moving to Philadelphia. (It’s not clear how many staffers work out of the Moorestown office.) Aside from their 15,000-square-foot Moorestown headquarters, which also has a pharmacy, Tabula has five offices across the country, including in Boulder, Colo., and San Francisco, Calif., where they also have pharmacies. They also have a 29-person software development staff. The company employs 182, the majority of which are customer support staff, according to the filing. Tabula Rasa did not respond to a request for comment and Rittenhouse Ventures’ Saul Richter declined to comment, citing SEC regulations. Morgan Lewis’s Steve Goodman declined to comment, citing SEC regulations. The company is represented by Morgan Lewis, according to the filing. Investors can’t sell their shares for 180 days after the public offering, according to the filing. Radius Ventures, a New York firm, is also an investor. Tabula’s investors include local firms like Navy Yard-based Rittenhouse Ventures and Bethlehem, Pa.-based Originate Ventures. Its customers are healthcare organizations that serve those on Medicare and Medicaid. Focusing on the elderly, CareKinesis’ “e-prescribing” software aims to reduce hospitalizations by optimizing medications. If the name Tabula Rasa doesn’t ring a bell, their company CareKinesis might. That’s just over the median IPO offering size in the U.S. The husband and wife pair founded Tabula Rasa, the Moorestown, N.J., health IT company that filed for a $115 million initial public offering yesterday, according to an SEC filing. Taylor Gourmet, Chop’t and Chipotle Mexican Grill have signed leases, too.Cal and Orsula Knowlton might just boost the Philly region’s health IT sector onto a national stage. The building is just one block to the North with a birds-eye rooftop view into the ballpark.įirst also includes a 170-room Residence Inn by Marriott and 24,000 square feet of retail. The 450,000-square-foot building will include a rooftop pool, full-service concierge staff and a 2,300-square-foot fitness center.Ī unique rooftop addition will be stadium-seating views directly into Nats Park. “The Capitol Riverfront District is in the midst of a remarkable transformation and is one of the most exciting neighborhoods in both the city and the country.”ĭeveloper Grosvenor Americas’ mixed-use development will include 325 apartments. ![]() “We are extremely grateful to call the F1rst building in Navy Yard home, and feel that it is the perfect location for us to get started,” Sahil Rahman said. Rasa will open in a 2,270-square-foot space in spring of 2017, when the building’s apartments will start renting. Vinod and Surfy Rahman, the owners of Cleveland Park’s Indique and Rockville’s Bombay Bistro. Rasa co-founders Rahul Vinod and Sahil Rahman are the sons of K.N. Rasa Indian Grill has signed a lease for a space at F1rst, a mixed-use building under construction at 1277 First St., Southeast. WASHINGTON -Southeast D.C.’s rapidly growing Capitol Riverfront neighborhood around Nationals Park will get an Indian restaurant with a local family pedigree. Business & Finance Click to expand menu.
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