What You Should Know:
- FIRE1, a connected medical device company, announced it has secured $120M in funding to advance its mission to transform the lives of millions of people living with heart failure. The round was led by Polaris Partners and Elevage Medical Technologies, joined by new investors Sands Capital and Longitude Capital, and existing investors Andera Partners, Gilde Healthcare, Gimv, the Ireland Strategic Investment Fund, Lightstone Ventures, Medtronic, NEA (New Enterprise
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Transcarent to Acquire Accolade in $621M Deal, Creating a Unified Platform for Personalized Healthcare
What You Should Know:
- Transcarent, a health and care platform, announced today that it will acquire Accolade (NASDAQ: ACCD), a leader in health advocacy and primary care, for $7.03 per share in cash, representing a total equity value of approximately $621M. The merger consideration represents a significant premium over Accolade's recent stock price, reflecting the strategic value of this transaction. Transcarent will finance the acquisition through equity financing led by
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ScreenPoint Medical Acquires Biomediq to Enhance Breast Cancer Risk Assessment with AI
What You Should Know:
- ScreenPoint Medical, a provider of AI-powered breast cancer screening solutions, acquires Biomediq A/S, a research-based company specializing in quantitative imaging biomarkers. Financial details of the acquisition were not disclosed.
- ScreenPoint's industry-leading Transpara AI platform will now incorporate Biomediq's advanced risk analysis technology, which enables automated analysis of 2D and 3D mammograms to assess future breast cancer risk. This
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Mashura Secures $300M Strategic Partnership with PE Firm Warburg Pincus
What You Should Know:
- Mashura, a provider of inventory intelligence solutions for healthcare, announced today a significant $300M strategic partnership with a newly formed financing vehicle sponsored by Warburg Pincus, a growth private equity firm.
- The investment will fuel Mashura's expansion plans, drive innovation in its core offerings, and strengthen its integration partnerships.
Inventory Intelligence Solutions
Mashura specializes in providing smart cabinet
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Providence Ventures Spins Out, Forms Allumia Ventures
What You Should Know:
- Allumia Ventures, formerly known as Providence Ventures, announced its spin-off from Providence to become an independent venture capital firm.
- The spin out follows the first close of its third fund, marking a significant milestone in the firm's evolution. The firm will continue to work closely with Providence as an Anchor Limited Partner while inviting a select group of other healthcare organizations to join its third fund.
Allumia Ventures
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ONRAD Acquires Direct Radiology from Philips, Creating Largest Independent Teleradiology Provider in the US
What You Should Know:
- ONRAD Inc., a provider of teleradiology and comprehensive radiology solutions, announced the acquisition of Direct Radiology from Royal Philips. Financial terms of the acquisition were not disclosed.
- Direct Radiology, founded in 2012, is a Joint Commission-accredited practice with a network of approximately 80 radiologists serving over 430 healthcare facilities across the US. By integrating Direct Radiology's extensive network and expertise, ONRAD
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NeuroFlow Acquires Intermountain Health’s Behavioral Health Analytics Model
What You Should Know:
- NeuroFlow, a behavioral health technology and analytics company, has acquired Intermountain Health's proprietary behavioral health analytics model. Financial details of the acquisition were not disclosed.
- The strategic acquisition significantly enhances NeuroFlow's capabilities, enabling the company to provide more healthcare organizations with advanced risk assessment tools and improve patient outcomes on a national scale.
Enhancing
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Pepticom Secures $6.6M to Advance AI-Powered Peptide Drug Discovery
What You Should Know:
- Pepticom, an innovator in AI-driven peptide-based therapeutics secures $6.6M in a Series A1 funding round led by Japan Israel High Tech Ventures 2 LP, with strong support from existing investors.
- The new funding will accelerate the development of Pepticom's oral IL-17 inhibitor program, focusing on creating improved treatments for autoimmune diseases like psoriasis and psoriatic arthritis.
Revolutionizing Autoimmune Disease Treatment
Pepticom is
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ActiGraph Acquires Biofourmis Life Science Business
What You Should Know:
- ActiGraph, a global leader in wearable digital health technology, announced the acquisition of Biofourmis Connect, a division of Biofourmis specializing in AI-powered digital trial platforms for the life science industry. Financial terms of the acquisition were not disclosed.
- The acquisition combines ActiGraph's expertise in wearable technology with Biofourmis Connect's advanced analytics capabilities, creating a comprehensive and unified solution for
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Wellumio Expands Stroke Detection Device to U.S. Market
What You Should Know:
- Wellumio, a New Zealand-based medical device innovator announced the launch of a new subsidiary in California, a strategic move aimed at facilitating US-based clinical trials for its groundbreaking Axana device and accelerating its commercial rollout in the United States.
- Wellumio's expansion to the United States marks a significant milestone in its journey to revolutionize stroke care.
Axana: Transforming Stroke Detection
Axana is a portable,
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