Press Releases
Other News
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...
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...
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...
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...
‘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...