Press Releases

NHS launches World’s Largest Trial of Cancer Blood Test

The National Health Service (NHS) in the United Kingdom has announced the world’s largest trial of GRAIL’s Galleri blood test, which was developed to detect more than 50 types of cancer before symptoms appear. The NHS hopes to recruit 140,000 volunteers across the UK to participate in the trial. “This quick and simple blood test could mark the beginning of a revolution in cancer detection and treatment here and around the world,” said NHS chief executive Amanda Pritchard. “By finding cancer before signs and symptoms even...

Matternet and SkyGo partner with Abu Dhabi DoH for world’s first city-wide medical drone network

Matternet has partnered up with the Abu Dhabi Department of Health and SkyGo to create a city-wide drone delivery network for the transportation of medical goods. Matternet has been flying drones Beyond Visual Line Of Sight (BVLOS) commercially since 2017, and its partnership with SkyGo will allow it to deliver time-sensitive and valuable medical goods such as vaccines, blood, and more across Abu Dhabi’s health system. The creation of a city network in Abu Dhabi will allow Matternet to have a faster turnaround time, improve reliability, reduce...

Hims & Hers Expands Customizable, Compounded Skincare Offerings With Hims Overnight Anti-Aging Duo, Hers Clear Skin System

Hims & Hers has announced the launch of two new prescription skin product lines, the Hims Overnight Anti-Aging Duo and the Hers Clear Skin System. The Hims Overnight Anti-Aging Duo combats wrinkles and sun damage while moisturizing and nourishing skin at the same time. It includes a prescription-strength, customized anti-aging cream as well as the non-prescription Goodnight Wrinkle Cream. The Hers Clear Skin System cleans and hydrates skins using a customizable prescription acne cream. The system also includes the non-prescription Deep Sea Cleanser and the Tidal Wave...

Aetion and Quinten Health partner to use AI and RWE to reduce research timelines

Aetion and Quinten Health have partnered up to better provide a range of real-world evidence (RWE) generation products and services by reducing complexity, increasing efficiency, and supporting rapid turnaround times to improve patient outcomes. Aetion Co-Founder and President Jeremy Rassen said the partnership will allow for better utilization of the massive amounts of healthcare data hospitals produce each year—only three percent of which is currently used for research. “Together, Quinten Health and Aetion are enabling researchers, clinicians, and regulators to derive greater value from health care data,...

IVX Health Secures $100 Million Growth Investment from Great Hill Partners to Accelerate New Market Expansion

IVX Health has announced the completion of a $100 million Series F minority investment from private equity firm Great Hill Partners. Previous investors in IVX Health include Linden Structured Capital, McKesson Ventures, Health Velocity Capital, and Nueterra Capital. IVX Health operates over 50 infusion centers across 16 markets, where it offers infusion services to patients in a comfortable, convenient, and cost-effective way. The company will use the additional funding to expand its operations to new markets, where it will serve patients with complex chronic conditions such...

Xealth Secures $24 Million in Series B Funding to Accelerate Digital Health

Xealth has announced an additional $24 million in Series B funding, bringing its total raised to $52.6 million. The funding round was led by Advocate Aurora Enterprises, with additional participation from seven health systems--Banner Health, ChristianaCare, Cone Health, Memorial Hermann, Nebraska Medicine, Novant Health, and Stanford Health. Xealth’s digital health platform is currently available to more than 100,000 physicians, and the company says the additional funding will be used to double the Xealth team’s size, fuel product innovation, and further enable Xealth’s deployment nationwide. “Digital health use...

Oncology Analytics Announces Rebrand to OncoHealth

Oncology Analytics has changed its name to OncoHealth, a forward-looking rebrand for the company’s vision of the future and its focus on helping people through their cancer journey. "OncoHealth represents our evolution of better aligning the way we serve clients and the way our clients access digital health solutions on behalf of their oncology members, patients, and employees," Rick Dean, CEO of OncoHealth, said. "Our innovation and focus on digital health in oncology over the past 36 months has propelled year-over-year revenue growth of 45%, customer...

Life Sciences and Healthcare Industry Leaders Invest in Tact.ai to Deliver Next Generation Customer Engagement

Tact.ai, an AI company focused on customer engagement for life sciences, has announced a successful new round of financing totaling $33 million. Investors for this round included McKesson Ventures, Lilly, Novartis (dRx Capital), Microsoft’s M12, and Salesforce Ventures. The company has now raised a total of $88 million. Delivering individualized experiences for patients, especially over the past 18 months of the global COVID-19 pandemic, has been a big challenge for the life sciences industry. Tact helps organizations in the life sciences industry work more effectively with...

Hims & Hers Expands Women’s Health Offerings With Support For Urinary Tract Health

Hims & Hers, a multi-specialty telehealth platform focused on providing personalized health and wellness experiences to customers, recently expanded its women’s health offerings with the recent launch of a D-Mannose dietary supplement powder to support urinary tract health on ForHers.com. “Roughly 3 or 4 in 10 women who experience an initial urinary tract infection (UTI) will face another one within six months. There’s a clear need for ways to be proactive about urinary tract health,” said Hims & Hers Co-founder and SVP of Brand & Innovation...

Aetion Welcomes Marla Kessler as First Chief Customer Officer to Accelerate Its Next Phase of Growth

Aetion has announced that Marla Kessler will become its first chief customer officer. Kessler will lead Aetion’s efforts to create superior customer experiences, oversee marketing and communications teams, and support the development of new products and services. “Aetion is already the distinctive leader in generating RWE for safety and regulatory uses, bringing exceptional value to our customers,” Kessler said. “As chief customer officer, I am delighted to work with our team’s science, technology, and service experts, as well as our partners, to expand that value to...