Press Releases
C-Path and Replica Analytics Collaboration Aims to Accelerate Rare Disease Research
Critical Path Institute (C-Path) and Replica Analytics, an Aetion company, have announced a partnership that uses synthetic data to help researchers more easily develop drugs to treat rare diseases. Replica Analytics will help generate synthetic datasets across rare and orphan indications in which patient-level...
Merck Announces the Launch of the Merck Digital Sciences Studio to Help Healthcare Startups Quickly Bring their Innovations to Market
Merck, known as MSD outside the U.S. and Canada, has announced the launch of the Merck Digital Sciences Studio (MDSS) to enable the generation of innovative technologies for drug discovery and development. MDSS will support early-stage biomedical startups with direct investment, access to Azure Cloud computing, and...
McKesson Ventures Takes the ParityPledge to Commit to Increasing Representation for Women and People of Color
McKesson Ventures has signed the Parity.org ParityPledge® in Support of People of Color and in Support of Women. The ParityPledge simply asks that companies commit to interview and consider at least one qualified woman and person of color for every open role, VP and above, including the C-suite and the board of...
OncoHealth Secures Strategic Investments from Arsenal Capital Partners & McKesson Corporation
OncoHealth announced today that Arsenal Capital Partners and McKesson Corporation have strategically invested in the company. The funding, which gives Arsenal a majority ownership stake in OncoHealth, will help the company continue developing its oncology-focused digital health platform. John DiGiovanni, an...
Reimagine Care and University of Colorado Anschutz Medical Campus Collaborate to Provide Home-Centered Care to Bone Marrow Transplant Patients
Reimagine Care, a provider of technology-enabled services that support oncologists in delivering high-quality, home-centered, value-based cancer care, has collaborated with the University of Colorado Anschutz Medical Campus (CU Anschutz) to deliver care to bone marrow transplant patients. The collaboration will...
OncoHealth Launches New Consumer Platform Bringing Digital Telehealth Services to People with Cancer
OncoHealth, a leading digital health company dedicated to oncology, today unveiled a new digital telehealth service for people with cancer. Iris™ by OncoHealth combines human-centered design, mobile technology, data, empathy, and specially trained oncology experts to deliver personalized, oncology-specific, 24x7...
Augmedix to Report Fourth Quarter and Full Year 2021 Financial Results on March 21, 2022
Medical data service and documentation provider Augmedix recently announced that its fourth quarter and 2021 financial results will be reported on Monday, March 21, 2022, after market close. A conference call discussing these numbers will be held by company management at 1:30 p.m. Pacific Time. There are several ways...
CancerIQ Raises $14M Series B Funding to Improve Access to Innovations in Cancer Early Detection and Prevention
CancerIQ, a platform powering early cancer detection and prevention across broad patient populations, has closed a $14 million Series B financing round co-led by Merck Global Health Innovation Fund (Merck GHI) and Amgen Ventures. Other investors participating in the round were McKesson Ventures; OSF HealthCare; a...
IVX Health to Open Three New Infusion Centers in Southwest Florida to Care for Patients Living with Complex Chronic Conditions
IVX Health recently announced the opening of three new centers in Florida’s Southwest in the spring. The centers will be located in the communities of Fort Myers, Naples, and Estero. The company is known as a nationwide provider of injection and infusion therapy focused on treating patients with complex chronic...
Koneksa Raises $45M Series C Financing to Accelerate Expansion of Digital Biomarker Platform
Digital biomarker design and validation company Koneksa recently announced that it had completed a Series C funding round in which it raised $45 million. The funding round was led by AyurMaya, with Velosity Capital and Takeda Ventures participating as well. Existing investors McKesson Ventures, Waterline Ventures,...
Other News
Through reverse auctions, Minnesota pushes for PBM savings and price transparency
Truveris has helped the State of Minnesota save more than $28 million in pharmacy benefits expenses over the next two years. Using the company’s technology, the state was able to evaluate bids from competing pharmacy benefit managers (PBMs). Truveris’ technology...
Matternet Tests Longest Drone Delivery Route Between Hospitals and Labs in Switzerland
Matternet has begun test operations on a 5-kilometer (3-mile) beyond visual line of sight (BVLOS) drone delivery route over Zurich, Switzerland. This is the longest urban drone delivery route ever, and it still takes only seven minutes for drones to go from one...
Matternet Set to Produce M2 Delivery Drones in the US After Receiving FAA Greenlight
Matternet’s groundbreaking FAA Type Certification for its M2 drone in September of 2022 was followed quickly by being granted a Production Certificate for the craft by the US Federal Aviation Administration. With the Production Certificate, Matternet can now begin...
Running Through Walls: Thinking Long Term is the Greatest Gift
In a recent Venrock podcast, Aledade Founder and CEO Farzad Mostashari spoke about how to heighten the efficiency and effectiveness of patient care, specifically preventative care. He discusses how Aledade is working to help patients when average primary care...
Carrum Health, GRAIL strike up partnership to offer cancer test to employers
Cancer has managed to be the most expensive condition increasing employers’ costs. Seeing this issue as an opportunity to collaborate Carrum Health and GRAIL have teamed up to create a solution. Carrum Health is a value-based platform that helps employers and...