Pharma

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...
Caregiver exercising a care taker
By  Jessica Hagen 01:41 pm October 5, 2023
Avanlee Care, a company focusing on elderly care coordination, announced it is integrating Mark Cuban Cost Plus Drug Company’s (MCCPDC) offerings into its Ava app to provide affordable medications to caregivers and their loved ones.  Avanlee launched its app in 2021, which intends to improve existing eldercare technology by combining necessary tools and services in one location for unpaid family...
Healthcare provider sitting at a desk while looking at a tablet
By  Jessica Hagen 04:32 pm October 3, 2023
India-based Doceree, a programmatic marketing platform for pharmaceutical and life sciences companies to reach healthcare professionals, announced it scored $35 million in Series B funding led by Creaegis. Existing investors F-Prime Capital and Eight Roads Ventures also participated in the round. The company, founded in 2019, will use the funds to expand its workforce, speed up product...
Healthcare provider walking through a hallway with two other healthcare providers standing behind them
By  Jessica Hagen 12:48 pm September 29, 2023
Multinational biotechnology company Biogen has confirmed it will shut down Biogen Digital Health, a global unit of the biotech company, and pull out of a study with Apple. Still, the company says it will continue to integrate some digital capabilities into other functions of its business.  "As our CEO Chris Viehbacher mentioned when he announced Fit for Growth, part of the initiative is removing...
Person sitting down looking into a microscope while wearing a lab coat
By  Jessica Hagen 01:08 pm September 28, 2023
Yamaha Motors announced the launch of its new healthcare company, dubbed Tuning Fork Bio. It will use an antibody-profiling service to test and analyze people's antibodies in order to help providers prevent disease and determine proper treatments when conditions are found.  Tuning Fork Bio will utilize the Cell Handler platform, a cell picking and imaging system launched in 2017 that streamlines...
Healthcare provider in scrubs sitting on a couch in a living room with two people
By  Jessica Hagen 09:33 am September 20, 2023
Inbound Health, a value-based care enablement platform for health systems and plans to provide at-home acute and post-acute care, announced the close of a $30 million Series B funding round led by HealthQuest Capital.  Existing investors McKesson Ventures and Flare Capital Partners participated in the round.  The Minnesota-based company will use the funds to expand into new markets and further...
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...
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...