Digital biology company Optic is collaborating with early-stage oncology therapeutics venture, Vindur Tx, to use Optics proprietary generative AI platform to find novel highly selective kinase inhibitors and develop more effective cancer treatments.
Vindur Tx agreed to pay Optic as much as $17.5 million for its proprietary technology to search for new ways of addressing what the company called...
Precision Neuroscience, a brain-computer interface company that connects AI with human intelligence, has scored $93 million in a planned $100 million funding round, with the deal valuing the startup at around $500 million, according to a Bloomberg report that attributes the information to "a person familiar with the situation."
WHAT IT DOES
Private company Precision Neuroscience offers a brain...
Ohio-based Summa Health and General Catalyst's Health Assurance Transformation HATCo, has signed a definitive agreement to purchase Summa for $485 million.
Summa Health is a nonprofit healthcare system with over 30 locations throughout the Akron and Canton areas.
The purchase price, when added to Summa Health’s current cash, will allow the health system to dispose of $850 million in existing...
The World Health Organization (WHO) has released the Digital transformation handbook for primary health care, a roadmap to help countries digitize their health information to improve how health services are delivered.
The 98-page roadmap was codeveloped through years of collaboration with the Human Reproduction Program and the Department of Digital Health and Innovation.
It was written with the...
Health Catalyst, a U.S.-based provider of healthcare data and analytics for care organizations, signed a definitive agreement to acquire all equity interests of cybersecurity provider Intraprise Health for an aggregate purchase price of approximately $43 million.
Intraprise offers an end-to-end cybersecurity risk management and services platform, while Health Catalyst's healthcare data and...
AI startup Research Grid, which helps medical research institutions automate administrative tasks for clinical trials, announced it raised $6.5 million in seed funding.
Fuel Ventures led the round with participation from Ada Ventures, Arve Capital, Arāya Ventures, Morgan Stanley Inclusive Ventures Lab, Plug and Play Ventures, Atomico Angels and Ascension Ventures.
WHAT IT DOES
Research Grid is...
Direct-to-consumer virtual care company Hims & Hers Health reported a 77% year-over-year increase in revenue from $226.7 million in the third quarter of 2023 to $401.6 million in Q3 2024.
The San Francisco-based company reported a net income for the third quarter of $75.6 million compared to a net loss of $7.6 million in the same period last year. It attributes the net income in Q3 to a $60....
Movano Health, maker of the Evie Ring, says an internal investigation into apparent manipulation of its common shares following shareholder approval of a 1-for-15 reverse stock split revealed a large number of single share transactions were executed in an attempt to take advantage of the reverse split shares at the beneficial owner level.
The company said the large number of single share...
Wearables-company Movano Health, maker of the Evie Ring, announced it has opened an investigation into apparent manipulation in trading of its common shares a week after an SEC filing shows shareholders approved a 1-for-15 reverse stock split.
"It has come to our attention that several small cap stocks have suffered similar manipulation in recent weeks following their respective reverse stock...
Andreessen Horowitz-backed knownwell, a hybrid weight-inclusive primary and metabolic-care provider, announced it is opening a new brick-and-mortar clinic in Plano, Texas, and will treat patients virtually throughout Texas.
Vineeta Agarwala, general partner at Andreessen Horowitz (a16z) Bio + Health, which led the company's latest $20 million Series A funding round, sat down with MobiHealthNews...
