Life Sciences

Surgeons in an operating room standing above a patient on a table with large lights above them
By  Jessica Hagen 01:04 pm December 4, 2023
EndoQuest, an endoluminal robotics technology company, announced it closed a $42 million C-1 preferred financing round. Existing investors CE Ventures Limited and McNair Interests Ltd. participated in the round, as did new investor Puma Venture Capital LLC.   WHAT IT DOES The Houston-based company developed a flexible robotics surgery system to perform minimally invasive procedures in upper and...
Person standing in front of a building while looking at their phone
By  Jessica Hagen 05:16 pm December 1, 2023
Walgreens is collaborating with medication access and transparency technology company RxSense to launch a digital marketplace, Rx Savings Finder, where consumers can save money on medication by comparing prices on free third-party discount prescription cards. RxSense's SaaS platform allows companies to create a pharmacy benefits platform. The company offers analytics, prescription savings program...
Soccer players on a field with one kicking a ball into the goal
By  Dr. Dhruv Seshadri 02:41 pm December 1, 2023
Monitoring athletic performance is certainly nothing new. Advanced technologies in wearable sensors to monitor and evaluate physiological biomarkers offer increased opportunities to collect and quantify data without direct proximity to the athlete.  To better optimize workouts and evaluate the full performance, it’s necessary to get detailed cardiovascular and biomechanical insight into how the...
Two healthcare providers looking at a computer screen
By  Nathan Eddy 04:31 pm November 30, 2023
German pharmaceutical company Boehringer Ingelheim and tech giant IBM are teaming up to harness the power of genAI and foundation models to further biologic drug discovery. The partnership leverages IBM’s foundation model technologies, consisting of pre-trained, large-scale neural network architectures, to accelerate the identification of novel antibodies vital for therapeutic development. These...
Two healthcare providers looking at a brain imaging scan
By  Jessica Hagen 12:33 pm November 30, 2023
RapidAI, a health tech company specializing in imaging analysis software, announced it received Class III Shonin clearance in Japan and launched a hybrid technology platform, Rapid Edge Cloud, and a non-contrast CT offering for stroke identification.   RapidAI offers numerous imaging solutions for stroke, aneurysm and pulmonary embolism. It also provides technology platforms to enable coordinated...
GE HealthCare diagnostic imaging machine
By  Nathan Eddy 04:35 pm November 29, 2023
GE HealthCare is leveraging AI and data integration technologies to help tackle the rapidly increasing volume of patient data and working to optimize the application of these two tech tools in patient care in announcing 40 new innovations at RSNA23.  The company's central strategy is to integrate AI into its precision care framework, encompassing smart devices, targeted therapies, disease-...
Healthcare provider sitting at a desk and looking at a computer while waving to the screen
By  Jessica Hagen 12:40 pm November 29, 2023
Virtual primary care company TytoCare announced an exclusive partnership with Idaho-based St. Luke's Health System to provide virtual care services to the care provider's members and employees beginning in 2024.  The Israeli health tech company provides virtual care via its AI-enabled TytoCare Home Smart Clinic, which allows clinicians to conduct exams remotely.  Providers obtain real-time data...
Healthcare provider sitting a room with a computer while there is a window for them to see a diagnostic imaging tool
By  Jessica Hagen 05:10 pm November 28, 2023
AI-enabled imaging company Aidoc announced that it has secured $30 million in funding to develop a comprehensive AI imaging model and a new category of products based on that model.  WHAT IT DOES Aidoc offers radiologists tools to find and triage injuries and health conditions based on imaging results. It also provides coordination software for stroke and cardiovascular care, alerting relevant...
Person giving a healthcare provider a piece of paper
By  Jessica Hagen 02:22 pm November 28, 2023
Mark Cuban Cost Plus Drug Company announced it partnered with PharmcoRx Pharmacy, a Florida-based health service organization Progressive Care subsidiary, and tech-enabled Expion Health's to lower drug prices for consumers.  PharmcoRx has become a participating pharmacy in MCCPDC's Team Cuban Card, which allows patients at PharmcoRx locations access to generic and brand-name medications at MCCPDC...
cofounders Andrei Georgescu (left), now Vivodyne’s CEO, and UPenn Professor Dan Huh (right), now Vivodyne’s CSO
By  Jessica Hagen 03:18 pm November 22, 2023
Philadelphia-based AI-enabled biotech company Vivodyne announced it closed a $38 million seed funding round led by Khosla Ventures. CS Ventures, Kairos Ventures, Bison Ventures and MBX Capital also participated in the round.  WHAT IT DOES Vivodyne is a drug discovery company that uses clinically predictive AI to help identify therapeutic targets and predict a patient's response to a drug by...