GE HealthCare announced it acquired the remaining 50% stake in Nihon Medi-Physics (NMP) from Sumitomo Chemical, giving it full ownership of NMP.
GE HealthCare has had a 50% stake in NMP since acquiring Amersham plc in 2004 for $9.5 billion. Amersham specialized in medical imaging agents and life sciences.
In a statement, NMP said it can now expand on its expertise developing and manufacturing...
Allurion Technologies, a weight-loss platform, launched AllurionMeds to give patients GLP-1 medications for weight loss combined with its AI-enabled Coach Iris platform.
The company aims to advance long-term weight maintenance through virtual access to dieticians and a connected smart scale that measures not just weight, but also muscle and bone mass.
Along with Coach Iris, patients will have...
Elon Musk's brain-computer interface implant startup Neuralink has received approval from Health Canada to perform a clinical trial on its N1 brain implant and R1 robot, which is used to place the implant into the brain.
The "Canadian Precise Robotically Implanted Brain-Computer Interface" (CAN-PRIME) study will be performed by the University Health Network (UHN) hospital at its Toronto Western...
Converge Bio has raised $5.5 million in seed funding led by TLV Partners.
WHAT IT DOES
Converge Bio is a generative AI hub for Biotech and Pharma that allows the accelerated discovery and development of drugs that use large language models (LLMs).
The platform supplies a library of foundational models across all biological languages that can be amplified and adjusted for specific tasks with...
TailorMed, a platform that allows healthcare providers to manage their finances, check health plans and estimate out-of-pocket costs for uninsured patients, announced a $40 million financing round, combining equity and debt, led by Windham Capital Partners.
Samsung Next, BrightEdge, Citi Impact Fund and the investment arms of OSF Healthcare, Ballad Ventures, Inception Health, UnityPoint Health...
ThoroughCare, a digital care coordination company, closed a $5 million Series A funding round led by Empactful Capital.
WHAT IT DOES
ThoroughCare’s platform aims to address inefficiencies and fragmentation in patient care, which the company says can result in inconsistent patient engagement, poor outcomes and revenue loss.
The company’s purpose-built solution provides support to a broad range...
Singapore may be technologically advanced in healthcare, however, there may be sections in the health system that have yet to catch up – including sexual health.
In this small island nation-state of nearly six million people, sexual and reproductive health remains a topic too sensitive and intimate to be discussed in the open.
Access to the internet and the general acceptability of telemedicine...
A new company under financial investment firm SOL Partnership has launched what could be the first at-home gut health test service powered by AI in Malaysia.
SpaceGut offers an at-home gut microbiome kit and a laboratory service that provides personalised recommendations for an individual's gut health. Leveraging a proprietary AI, its laboratory evaluates samples compared against a database of...
DigitalOwl, a company that uses natural language processing to help analyze and summarize EHRs, announced it is collaborating with ExamOne, a Quest Diagnostics company, to improve efficiency of record retrieval and analysis through DigitalOwl’s View product.
ExamOne provides risk-assessment tools for the life insurance industry with a suite of services aimed at streamlining the underwriting...
Lunit collabs with AstraZeneca, secures major deal in France
Lunit and AstraZeneca have partnered to develop new AI-powered digital pathology solutions that predict non-small cell lung cancer (NSCLC).
Based on a media release, their collaboration aims to accelerate the time-consuming process of genomic testing as part of NSCLC identification and diagnosis by leveraging Lunit's AI. The latter's...
