Digital health funding in August
So far this year, MobiHealthNews has tracked digital funding that has reached nearly $1.35 billion. August was a healthy month for funding, bringing in $223.86 million across 19 deals, putting it slightly above the monthly average for the year. In the first quarter of 2016, digital health companies raised $770 million, and in the second quarter got almost $500...
Israel-based Check-Cap, a clinical stage medical diagnostics company that is working on an ingestible sensor capsule to screen for colorectal cancer, has entered into an agreement with a single healthcare company for $5.9 million in financing. Check-Cap, which does not have a commercial product as of yet, will use the net proceeds from the offering to advance the ongoing clinical development of...
