Life Sciences

Person standing in a house holding a phone with a box in front of them
By  Jessica Hagen 12:50 pm November 2, 2023
Viome Life Sciences, maker of at-home tests for gut and immune system health, announced it has acquired digital health-and-wellness data company Naring Health, including its subsidiaries DiscernDX and Foodome.  Viome is split into two divisions, one selling consumer products like microbiome tests that provide diet recommendations and supplements, and the other focused on identifying biomarkers...
Healthcare provider analyzing diagnostic images hanging on a wall
By  Jessica Hagen 01:10 pm November 1, 2023
Covera Health, an AI-enabled clinical data analysis company focused on improving radiology readings, announced it secured an additional $50 million in Series C funding and finalized its acquisition of CoRead, which uses AI to flag medical errors on radiology examinations.  The funds add to the company's $25 million Series C round announced in 2021.  Insight Partners led the 2021 round and the...
Anne Osdoit, CEO of Moon Surgical
By  Jessica Hagen 12:34 pm October 30, 2023
The use of robotics in surgery began in the late 1980s, but as technology has progressed, robotic surgery has become the standard of care for minimally invasive surgeries. Anne Osdoit, CEO of French-American surgical robotics company Moon Surgical, sat down with MobiHealthNews to discuss the organization's new commercial surgical robotics offering, dubbed Maestro System, and AI's place within its...
Two people looking at a tablet with an ultrasound image of a brain on the screen
By  Jessica Hagen 02:50 pm October 26, 2023
Butterfly Network, maker of a handheld, smartphone-connected ultrasound system, announced a five-year co-development collaboration with Forest Neurotech, a tech-enabled research company building a device for stimulating and imaging the brain with ultrasound, to develop a whole-brain neural interface utilizing Butterfly's Ultrasound-on-Chip technology.  The Massachusetts-based company's Ultrasound...
Two people shaking hands with two other people watching, all standing in front of a big window
By  Jessica Hagen 06:04 pm October 24, 2023
Global healthcare investment firm OrbiMed announced it raised more than $4.3 billion in commitments for its private investment funds – OrbiMed Asia Partners V, OrbiMed Royalty & Credit Opportunities IV and OrbiMed Private Investments IX. A range of university endowments, pension funds, medical institutions, foundations, family offices and sovereign wealth funds invested in the funds. WHAT IT...
Healthcare provider wearing a mask while talking to a patient and showing them something on a computer screen
By  Jessica Hagen 04:45 pm October 23, 2023
Sibel Health, a spin-out of Northwestern University, announced the release of its physiological monitoring platform for clinical trial use dubbed Discovery alongside a partnership with AI-powered clinical trial solutions company Medidata.  The Illinois-based healthcare technology platform Discovery utilizes its FDA-cleared wearable sensors to monitor participants' digital endpoints and vital...
A scientist checking on results of their DNA analysis on a digital tablet
By  Adam Ang 12:14 am October 20, 2023
Mesh Bio secures funding for refining digital twin engine Singaporean startup Mesh Bio has received undisclosed funding from East Ventures to assist with its regional expansion. The company is currently working on a digital twin solution for managing rising cases of chronic diseases, particularly in Southeast Asia, where 62% of all deaths in the region are due to non-communicable conditions. Mesh...
Corporate Amazon building
By  Jessica Hagen 01:17 pm October 19, 2023
On Wednesday, Amazon Pharmacy announced the launch of free drone delivery for prescription medications in 60 minutes or less for eligible customers in College Station, Texas.  Over 500 medications for common conditions will be available via drone delivery, including flu, asthma and pneumonia. Once an order is placed, a pharmacist will load the medication into a Prime Air drone and ensure delivery...
Person sitting down while looking at an orange and black laptop with a healthcare provider on the screen
By  Jessica Hagen 06:40 pm October 17, 2023
Ventricle Health, a virtual platform focused on cardiac care, secured $8 million in seed funding led by RA Capital Management with participation from Waterline Ventures alongside other investors.  The company offers value-based home and virtual cardiology care in support of Accountable Care Organizations, primary care practices and partners in Florida, Texas, Ohio and the Mid-Atlantic region. ...
Two healthcare providers in scrubs wearing masks while in a dark room looking at a tablet
By  Jessica Hagen 01:27 pm October 17, 2023
Evident Vascular, a company creating AI-enabled intravascular ultrasound technology, announced its launch today with $35 million in Series A financing.  Vensana Capital led the round. WHAT IT DOES The California-based company devised AI-enabled transcatheter intravascular ultrasound technology that captures images inside a patient's blood vessels to evaluate vascular disease and enhance image...