In the News
Aetion and Cegedim Health Data announce new partnership to power real-world evidence research in Europe
Aetion and Cegedim Health Data announced a new partnership to integrate Cegedim’s European real-world data (RWD) platform, THIN, into the Aetion Evidence Platform. The new collaboration will enable Aetion’s clients, including top biopharma companies, leading payers, and regulatory agencies to employ leading...
No alternative to achieve skills on frontier technology to lead 4IR: Palak
Augmedix Bangladesh Head of Country Rashed Mujib Norman presented a keynote paper on “Skills for the 21st Century” at a recent seminar on post-COVID-19 skills for the information and communications technology industry. At the seminar, State Minister for Information and Communication Technology Zunaid Ahmed Palak said...
Rock Health reports record digital health funding of $5.4B set to the backdrop of a pandemic
The COVID-19 pandemic may have roiled the U.S. economy and caused unemployment rates unseen since the Great Depression, but that hasn’t stopped the flow of money into digital health, according to a recent Rock Health report. Rock Health’s 2020 Midyear Digital Health Market Update shows that six months into the year,...
Breakthroughs with the other C-word
While COVID-19 has justifiably been at the top of healthcare news, a major medical breakthrough has been quietly happening in the San Francisco Bay area—one that could detect another potentially fatal disease before it’s too late: Cancer. And the company responsible for this breakthrough? GRAIL. The American Cancer...
Evidation Raises $45 Million Series D, Hires CCO To Accelerate Commercial Momentum and Expand Into Virtual Health
Evidation Health has announced the close of a $45 million Series D funding round to power the expansion of its privacy-first, direct-to-person research platform, Achievement, to include virtual health. The company will use the new capital to build upon its existing evidence generation capabilities to offer real-time...
New Survey Reveals Patients Have Been Overwhelmingly Satisfied with Virtual Care During the COVID-19 Pandemic and Want Greater Access to it in the Future
Kyruus recently surveyed 1,000 patients about their virtual care experiences during the COVID-19 pandemic. The findings reveal that nearly three-quarters of the respondents engaged in their first telemedicine experience ever during the initial surge of COVID-19 cases in the U.S., and more than 75 percent were very or...
Planned Parenthood asks companies to pledge to guarantee employee birth control coverage
McKesson Ventures portfolio company Hims & Hers is one of the first 12 national companies signing on to a pledge to guarantee employee birth control coverage, whether or not they are required to do so by law. Currently, under the Affordable Care Act, most employers are mandated to cover employees’ contraceptives...
Accolade sets terms for IPO, aims to raise up to $211M in Seattle’s first public offering this year
On June 24, 2020, Accolade set the terms for its IPO. The startup will price 8.75 million shares at between $19 and $21, raising as much as $211 million. If it succeeds in raising that amount of money, its valuation will rise to around $1 billion. It will trade on the Nasdaq exchange under the ticker ACCD. Accolade...
Froedtert and the Medical College of Wisconsin Health Network Expands Digital Health Options for Pregnant Patients with Babyscripts and Xealth
The Froedtert & MCW health network has expanded its digital health offerings to pregnant patients through a new integration between virtual obstetrical care platform Babyscripts and Xealth, a company that enables digital health at scale. This clinical solution is the latest measure in Froedtert & MCW health...
‘Digital pill’ maker Proteus Digital Health files for bankruptcy
Proteus Digital Health, the maker of an ingestible sensor for tracking medication adherence, filed for Chapter 11 bankruptcy protection on June 15, 2020. In addition, Andrew Thompson stepped down as the company’s CEO, replaced by Lawrence Perkins of SierraConstellation Partners, who had previously been hired as...
Press Releases
GRAIL Announces Collaborations with Amgen, AstraZeneca, and Bristol Myers Squibb to Evaluate Cancer Early Detection Technology for Minimal Residual Disease
GRAIL today announced a collaboration with global biopharmaceutical companies Amgen, AstraZeneca, and Bristol Myers Squibb to evaluate GRAIL’s methylation-based technology for the detection of minimal residual disease (MRD). Cancer MRD testing is used in clinical and...
GRAIL Confirms Q2 2021 Introduction of Galleri, First-of-Kind Multi-Cancer Early Detection Blood Test
GRAIL has confirmed that it expects to introduce Galleri™, its multi-cancer early detection blood test, in the second quarter of 2021. In December 2020, GRAIL completed the enrollment of PATHFINDER, a prospective, 6,600-participant multi-site interventional study...
McKesson Ventures Expands Portfolio Development Team and Invests in Market Research
McKesson Ventures has added Lizzie Lee as its newest team member. She joins the firm as senior director, leading its portfolio development and market research efforts. With a decade of healthcare experience, Lee is well-positioned to help McKesson Ventures’ portfolio...
Aspen RxHealth Raises $23M Series B Funding Round Led by Bessemer Venture Partners
Aspen RxHealth, developer of a first-of-its-kind clinical pharmacy model developed by pharmacists for pharmacists that delivers value for health plans and risk-bearing providers, today announced the closure of a $23 million Series B funding round led by Bessemer...
McKesson Launches Ontada, an Oncology Technology and Insights Business Dedicated to Help Advance Cancer Research and Care
McKesson Corporation today announced the launch of Ontada, an oncology technology and insights business designed to support innovation, acceleration, and evidence generation to drive better outcomes for patients with cancer. Building on McKesson’s long history in...