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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M&A: Predictive Oncology to be Acquired by Renovaro
What You Should Know:
- Predictive Oncology Inc. (NASDAQ: POAI), a leader in AI-driven drug discovery, announced its upcoming acquisition by Renovaro, Inc. (NASDAQ: RENB) in a strategic move aimed at accelerating innovation and improving cancer treatment outcomes.
- The merger brings together two companies with a shared commitment to leveraging artificial intelligence and machine learning to transform cancer care.
Synergistic Strengths and Shared Vision
Both Predictive
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Model N Appoints Bret Connor as CEO to Drive Next Phase of Growth
What You Should Know:
- Model N, a leading provider of revenue optimization and compliance solutions for life sciences and high-tech companies, announced the appointment of Bret Connor as Chief Executive Officer.
- Connor brings a wealth of experience in driving customer success and operational excellence, positioning Model N for continued growth and market leadership.
Bret Connor Bio/Background
Connor joins Model N from athenahealth, where he served as Chief
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symplr Appoints Susan Grant as Chief Clinical Officer
What You Should Know:
- Symplr, a provider of enterprise healthcare operations software, announced the appointment of Dr. Susan Grant, DNP, RN, NEA-BC, FAAN as Chief Clinical Officer.
- With over 30 years of experience in clinical leadership and healthcare innovation, Dr. Grant will play a pivotal role in advancing symplr's mission to streamline administrative tasks, prioritize clinician needs, and ultimately improve patient outcomes.
Dr. Grant Bio/Background
Dr. Grant brings
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