Life Sciences

Healthcare provider wearing a lab coat and a stethoscope around their neck while sitting at a desk looking at a computer
By  Jessica Hagen 11:39 am September 18, 2023
Virtual specialty care platform Summus announced it secured $19.5 million in funding, bringing its total raise to $70 million.  Summus offers employers, health plans, hospitals and health systems, and medical groups and networks a virtual care platform focused on specialty care, including peer-to-peer solutions that allow primary care and in-plan specialist providers access to a specialist...
Person being rolled into an imaging machine with red lasers scanning their head
By  Jessica Hagen 01:08 pm September 15, 2023
GE HealthCare announced a strategic partnership with Mayo Clinic dubbed the Strategic Collaboration for Innovation in Medical Imaging and Theranostics, through which the pair will collaborate on research and product development focusing on precision care, AI and theranostics. Technology developers, clinicians, scientists and other providers from both companies will work together to advance...
AWAK Technologies digital health monitoring platform
By  Adam Ang 10:24 pm September 14, 2023
AWAK bags $20M in Series B funding Despite a challenging market condition, Singapore-based medtech AWAK Technologies has raised more than $20 million in a Series B funding round – one of the biggest funding raises in Southeast Asia this year. The round was co-led by Lion X Ventures and Vickers Venture Partners.  AWAK is developing a portable peritoneal dialysis device that allows users to undergo...
Three healthcare providers sitting around a table looking at a tablet
By  Jessica Hagen 01:54 pm September 13, 2023
Google announced that it is funding 15 AI-powered projects, including digital health initiatives to improve provider experience and patient access to care, via its commitment to advancing the United Nations Sustainable Development Goals.  Each project received $3 million in technical assistance, cash support and Google Cloud credits. A handful of projects received Google.org Fellowships, where a...
Apple Watch Series 9
By  Jessica Hagen 04:44 pm September 12, 2023
At a virtual event today, Apple unveiled the newest iteration of its wearable, the Apple Watch Series 9, which will allow users to access and log their healthcare data and control the Watch using their index finger and thumb via blood flow sensors.   With new features, users can access their health data through Siri health queries, including asking Siri how much they slept the previous night or...
Computerized image of an artificial intelligence robot with a data panel in the background
By  Jessica Hagen 12:08 pm September 11, 2023
Tel Aviv-based AI-enabled computational protein engineering platform Scala Biodesign announced its launch today with $5.5 million in seed funding. The round was led by TLV Partners, an Israeli venture capital firm that invests in early-stage startups.  WHAT IT DOES Scala's computational method utilizes AI, physics-based modeling and biological data analysis to engineer and improve proteins for...
A person using a digital tablet while doing inventory in the storeroom of a pharmacy
By  Jessica Hagen 02:08 pm September 6, 2023
Mark Cuban Cost Plus Drug Company (MCCPDC) is partnering with multinational pharmaceutical company Lupin Limited and the COPD Foundation to expand access to Tiotropium Bromide Inhalation Powder for chronic obstructive pulmonary disease patients in the U.S. COPD is a chronic inflammatory lung disease that obstructs airflow from the lungs and causes breathing problems. Tiotropium Bromide treats...
Former U.S. Representative Patrick J. Kennedy, founder of the Kennedy Forum, and Nawal Roy, founder and CEO of Holmusk
By  Jessica Hagen 12:19 pm September 1, 2023
In part two of our two-part series, Patrick J. Kennedy, former U.S. Representative and founder of The Kennedy Forum, and Nawal Roy, CEO and founder of global behavioral health data platform Holmusk, discuss with MobiHealthNews how coverage for mental health has changed since the signing of the parity act and what steps the partners are taking to help lawmakers draft even more effective bills to...
MrMed logo
By  Adam Ang 11:23 pm August 31, 2023
E-pharmacy MrMed scores half mil for expansion Online pharmacy MrMed has raised $500,000 from a funding round led by the Tamil Nadu Emerging Sector Seed Fund. According to a news report, the company will use its fresh funds to expand its team and reach out to more customers.  Launched in 2021, the pharmacy startup offers specialty medicines for cancer, heart disorders, and other critical health...
Healthcare providers in lab coats wearing a mask and stethoscope and looking at a screen
By  Jessica Hagen 01:53 pm August 31, 2023
AI-enabled clinical trial design company QuantHealth announced it scored $15 million in a Series A funding round co-led by Pitango HealthTech and Bertelsmann Investments, bringing its total raise to $20 million.  The company, which recently expanded into the U.S. market, offers its AI-powered Clinical-Simulator, which predicts an individual's response to treatment during a clinical trial in order...