Life Sciences

Healthcare provider in scrubs
By  Jessica Hagen 05:59 pm November 22, 2024
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...
Executives in a conference
By  Anthony Vecchione 02:05 pm November 22, 2024
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...
Healthcare provider wearing a lab coat with a stethoscope around their neck while looking at a computer
By  Jessica Hagen 11:15 am November 22, 2024
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...
Clinicians reviewing data on a laptop
By  Anthony Vecchione 02:33 pm November 21, 2024
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...
A discreet sexual health package by Quinn in Singapore
By  Adam Ang 08:29 pm November 19, 2024
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...
SpaceGut founder and his partners during their launch in Malaysia
By  Adam Ang 07:41 pm November 19, 2024
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...
Clinical reviewing medical records
By  Anthony Vecchione 01:02 pm November 19, 2024
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...
A stained slide being prepared for AI-powered analysis
By  Adam Ang 04:22 am November 19, 2024
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...
Scientist in a laboratory
By  Anthony Vecchione 01:46 pm November 18, 2024
Pharmaceutical powerhouse Lilly Digital Health and Lilly Centre for Clinical Pharmacology (LCCP), a wholly owned subsidiary of Eli Lilly and Company, announced the creation of a SGD$42 million digital health innovation hub in Singapore. The aim of the hub is to increase the research and development of AI-powered digital health technologies, and is part of a five-year plan, supported by the...
Two researchers in a laboratory using a digital tablet
By  Adam Ang 12:31 am November 18, 2024
A consortium of research institutes in South Korea has been formed to promote the utilisation of AI and national supercomputers in discovering novel drugs for treating lung cancer. According to a press statement, the following organisations will collaborate to develop and test AI for identifying novel drug candidates and predicting its efficacy:  DAAN Cancer Research Institute under Yonsei...