Mark Cuban Cost Plus Drug Company (MCCPDC) announced a partnership with pharmacy benefit manager RxPreferred Benefits.
The companies said the deal will allow employers and their members using RxPreferred access to MCCPDC medications through their plan.
MCCPDC is a public-benefit corporation and online pharmacy that aims to provide medications at a lower cost by working directly with distributors...
Real-world data startup Crescendo Health launched Thursday with $3.4 million from Define Ventures and other investors.
WHAT IT DOES
The startup aims to collect longitudinal data for clinical research, including information from other healthcare encounters that might not be collected when patients choose to participate in a trial.
The company partners with biopharma companies, medical device...
Sociodemographic and health-related factors are associated with long-term use of digital health devices, according to a study published in npj Digital Medicine.
Researchers followed a cohort within the long-running and ongoing Framingham Heart Study that used three digital components: a smartphone app, a blood pressure cuff and a smartwatch.
Participants received app-based surveys at enrollment...
Biotech and digital health funding soared in the wake of the COVID-19 pandemic, but both sectors slowed down in 2022.
Elena Viboch, partner at General Catalyst, said startups need to focus on the end goal — building technology or therapies that can help patients. She sat down with MobiHealthNews to discuss her takeaways from this year and her predictions for 2023.
MobiHealthNews: What do you...
Editor's note: This article has been updated with additional context from Heal.
Heal, a home-based primary care and telehealth company, is planning layoffs ahead of a potential sale.
According to WARN notices, Heal would cut 182 jobs in Los Angeles County and 60 positions in New York City. A company spokesperson told MobiHealthNews the company is in active discussions with possible buyers, and...
The Drug Enforcement Administration (DEA) slapped digital pharmacy and telehealth startup Truepill with an Order to Show Cause for unlawfully dispensing thousands of prescription stimulants used to treat ADHD, including Adderall.
The DEA alleges the online pharmacy filled more than 72,000 controlled substance prescriptions between September 2020 and September 2022, of which 60% were for...
Pharma company Boehringer Ingelheim and Click Therapeutics announced an expanded partnership to develop and commercialize another prescription digital therapeutic for patients with schizophrenia.
The deal will net Click up to $460 million, plus tiered royalties. It builds on an earlier collaboration announced in 2020 that developed CT-155, an initial therapeutic for schizophrenia.
The companies...
Health data startup Komodo Health has laid off 9% of its staff as part of a larger restructuring of its business.
The COVID-19 pandemic created opportunities for the analytics company, Komodo’s cofounders Arif Nathoo and Web Sun wrote in a message to employees that was also posted on LinkedIn. But the current economic environment is forcing its customers to seriously consider their purchasing...
Mark Cuban Cost Plus Drug Company (MCCPDC) announced a partnership with pharmacy benefit manager EmsanaRx to allow employers and employees access to lower-cost prescription drugs via a new platform called EmsanaRx Plus.
EmsanaRx Plus is a supplemental discount drug platform designed specifically for employers. It utilizes EmsanaRx's ability to integrate with employer-sponsored drug benefits, and...
Lokavant, which provides a data analytics platform for clinical trials, raised $21 million in a funding round led by Edison Partners.
Roivant Sciences, which builds health tech and biotech companies called "Vants," participated in the raise. Lokavant was incubated at Roivant and piloted its platform with some of the company's other biotech ventures.
As part of the fundraise, Gregg Michaelson,...
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