What You Should Know:
- CorVista Health, a Toronto-based digital health company dedicated to improving cardiovascular disease diagnosis, announced it has closed a $65 million Series C financing, bringing the total funding to nearly $100 million.
- This significant capital provides a runway for ongoing research, development and commercialization efforts for CorVista® System, the company’s non-invasive, point-of-care solution that allows physicians to rapidly test for heart disease.
- The
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Canadian Online Pharmacy PocketPills Nabs $30M to Fuel Same Day Delivery Nationwide
What You Should Know:
-PocketPills, Canada’s largest and fastest-growing online pharmacy, announced it has raised $30M in Series B funding, led by TELUS Ventures. The investment will be used to broaden PocketPills’ product offering and further accelerate its national expansion, with facilities opening in Quebec and Alberta that will help achieve its goal of nationwide same-day delivery.
- PocketPills is a technology-first online pharmacy, and its research and development team of 30
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First Databank Clinician Addresses COVID-19 Vaccine Skepticism – Q/A
As the Biden administration ramps up its efforts to increase the access of COVID-19 vaccines to more Americans, there are a large number of Americans who are skeptical about of the COVID-19 vaccine. About 1 in 3 Americans stated they definitely or probably won’t get the COVID-19 vaccine, according to a recent poll from the Associated Press-NORC Center for Public Affairs Research.
The poll reveals while 67% of Americans plan to get vaccinated or have already done so, 15% are certain they
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DispatchHealth Reaches $1.7B Valuation, Raises $200M for In-Home Care Model
What You Should Know:
- DispatchHealth has secured an additional $200 million in a Series D round of funding led by Tiger Global. The additional financing brings DispatchHealth into the “unicorn” category and solidifies its valuation at more than $1.7 billion.
- DispatchHealth’s new round of financing will allow the company to bring it’s model of in-home medical care to more than 100 markets across the country
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Wellstar Invests $10M to Become First Sharecare-Enabled Health System
Wellstar Health System, one of Georgia’s largest and most integrated healthcare systems, and Sharecare, the digital health company that helps people manage all their health in one place, announced a strategic partnership to collaborate on unique, market-leading innovations in personalized care delivery, population health, and consumer engagement. Through this partnership, Wellstar also will become the first “Sharecare-enabled” health system in the country, utilizing Sharecare’s solutions to
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Biden Announces Deal With Merck, Johnson & Johnson to Boost COVID-19 Vaccine Production
What You Should Know:
- President Biden’s administration today announced a historic manufacturing deal between Merck and Johnson & Johnson (J&J), to expand production of J&J’s COVID-19 vaccine. The collaboration will increase manufacture of vaccine drug substance, as well as its fill-finish capacity – two of the biggest bottlenecks facing J&J in the production of its vaccine.
- In addition, the U.S. Department of Health and Human Services (HHS) will collaborate with Merck
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Health Gorilla Nabs $15M to Expand FHIR-based APIs for Digital Health
What You Should Know:
- Health Gorilla raises $15M to scale its FHIR-based API solutions for digital health and expand into new markets.
- Health Gorilla will introduce new APIs to enable consumer access to medical records, payer-to-payer data sharing, and data quality assessments.
Health Gorilla, a Sunnyvale, CA-based provider of healthcare APIs, today announced it has raised $15 million in Series B financing co-led by IA Capital and Nationwide, with participation
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Highmark Health Taps Verily to Build Digital Health Tools for Living Health Model
What You Should Know:
- Highmark Health has engaged Verily to build out digital health tools for patients and analytics solutions for Highmark’s clinicians as part of its Living Health model. This marks the first collaboration of its kind for Verily, Google Cloud and a partner.
- Highmark Health is a Blue Cross Blue Shield health plan based in Western PA with 4.5 million members and an integrated delivery system (Allegheny) with 9
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ObvioHealth, RedHill Biopharma Launches First in Kind Remote COVID-19 Therapy Trial
What You Should Know:
- RedHill Biopharma, a specialty biopharmaceutical company, and ObvioHealth, a global virtual research organization, have partnered on the largest remote clinical study for a new at-home COVID-19 treatment, Upamostat.
- The trial is being performed completely remotely in patients’ homes using ObvioHealth’s clinical trial ecosystem including digital devices, a patient-centric smartphone application and home healthcare visits.
- The randomized, double-blind,
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Life Sciences Firm OrbiMed Raises $3.5B Across Private Investment Funds
What You Should Know:
Life sciences investment firm OrbiMed announced $3.5 billion in commitments for its latest private investment funds, including $1.5 billion for OrbiMed Private Investments VIII, $800 million for OrbiMed Asia Partners IV, and $1.2 billion for OrbiMed Royalty & Credit Opportunities III.
The three new funds include a broad range of medical institutions, university endowments, foundations, pension funds and sovereign wealth funds.
- OrbiMed Private Investments
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