What You Should Know:
- Lightbeam Health Solutions, Inc., a provider of end-to-end population health management solutions, announced today the acquisition of CareSignal, the pioneer of Deviceless Remote Patient Monitoring technology. Financial details of the acquisition were not disclosed.
- The acquisition enables Lightbeam to integrate scalable, evidence-based remote engagement and monitoring capabilities into its core population health offering, which serves more than 42 million patient
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AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management
What You Should Know:
- AppliedVR, a Los Angeles, CA-based company advancing the next generation of immersive therapeutics, today announced $36 million in series B funding, bringing its total funding to $71M. The round, which included investments from F-Prime Capital, JAZZ Venture Partners, Sway Ventures and SVB Ventures, set up AppliedVR for rapid growth as it prepares for its decision from the FDA on its first de novo submission.
- Virtual reality provides an immersive experience that
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Notable Labs Launches by Acquiring Rights to Volasertib – Will Use Data, AI to Fast-Track Cancer Treatment
What You Should Know:
- Coming out of stealth, Notable Labs, a pioneer and developer of predictive precision medicines, is acquiring worldwide development and commercial rights to volasertib, a PLK-1 inhibitor in acute myeloid leukemia (AML) from Oncoheroes.
- Notable will leverage its high-fidelity Predictive Precision Medicines Platform to identify and select volasertib-responsive patients prior to their treatment and fast-track volasertib’s clinical development
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Cue Health Launches DTC Virtual Health Platform Featuring COVID-19 Self Test
What You Should Know:
- Cue Health (Nasdaq: HLTH), a healthcare technology company, launches its direct-to-consumer (DTC) virtual health platform, making its first-of-its-kind molecular COVID-19 test available to people across the United States. Cue helps keep NBA players safe both on and off the court, supports the well-being of Google’s employees wherever they are, and keeps front-line workers well informed at the Mayo Clinic.
- Beyond COVID-19 testing needs, Cue’s virtual platform
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Heartbeat Health, Withings Partner on New FDA Cleared ECG Smartwatch
What You Should Know:
- Heartbeat Health, a healthcare technology company working to deliver effective, efficient, and engaging heart care, announced that it has partnered with Withings, as they launch their ECG-enabled hybrid ScanWatch in the U.S. on November 9.
- The Withings and Heartbeat integration is a game-changing development in the cardiovascular space - as Atrial Fibrillation, a form of irregular heart rhythm, is significantly underdiagnosed and, in some cases, can be an
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Virgin Pulse Completes Acquisition of Welltok – Health M&A
What You Should Know:
- Virgin Pulse, a global provider of tech-enabled wellbeing solutions, today announced it has completed acquisition of Denver-based consumer activation company, Welltok, a leader in data analytics-based targeting and multi-channel outreach solutions.
- Welltok’s proprietary activation engine is focused on motivating consumers, employees, patients, and members to complete targeted actions like participating in a mental health program, refilling a medication,
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Color Raises $100M at $4.6B Valuation to Expand Accessible, Equitable Public Health Infrastructure
What You Should Know:
- Color, a San Francisco, CA-based health technology company committed to advancing public health, announced a $100 million Series E financing round at a valuation of $4.6 billion led by Kindred Ventures and by certain funds and accounts advised by T. Rowe Price Associates, Inc. with participation by existing investors General Catalyst, Viking Global Investors, and Emerson Collective.
- Color makes population-scale healthcare programs accessible, convenient, and
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GE to Form Tax-Free Spin-Off of GE Healthcare Focused on Precision Health
What You Should Know:
Today, GE announced plans to form a tax-free spin-off of GE Healthcare, creating a pure-play company at the center of precision health in early 2023.
The announcement is part of GE plans to form three independent industry-leading, global, investment-grade public companies focused on the growth sectors of aviation, healthcare and energy.
GE is on track to reduce debt by more than $75 billion by the end of 2021 and is now on track to bring its net-debt-to-EBITDA*
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Sirona Medical Secures $40M for Cloud-Native Radiology Operating System
What You Should Know:
- Sirona Medical, a San Francisco, CA-based cloud software company for radiologists taking on legacy technology, announced $40 Million in Series B funding led by GreatPoint Ventures and joined by Rose Park Advisors and Avidity Partners, with additional participation from previous investors including 8VC and Global Founders Capital.
- Sirona Medical Inc. is addressing the needs of today’s radiology
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Caption Health, Ultromics Partner for AI-Powered Heart Disease Detection
What You Should Know:
- Caption Health and Oxford University spin-out Ultromics have teamed up to empower a broader set of healthcare providers and put heart disease detection and management tools in more hands. This is a second strategic partnership that Caption Health secured in the last three months to enable earlier disease detection and management with AI-based guidance and diagnostics.
- Together, the companies will offer the Caption AI™ software platform alongside Ultromics’ EchoGo®
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