What You Should Know:
- Qnovia (formerly Respira Technologies)—a pharma company developing inhaled therapeutics with an initial focus on nicotine replacement therapy (NRT) and cardiopulmonary diseases—has raised $17M in Series A funding led by Blue Ledge Capital and included DG Ventures, Evolution VC Partners, Gaingels, TL Capital, and Vice Ventures.
- Qnovia will use the Series A proceeds to advance its NRT drug candidate through an IND submission with the FDA and begin human
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Prescryptive Health Acquires Full-Service PBM Northwest Pharmacy Services
What You Should Know:
- Prescryptive Health, a health tech company empowering consumers with prescription drug pricing data, has acquired Northwest Pharmacy Services Inc, a full-service, non-profit Pharmacy Benefit Manager. NWPS serves over 44,000 members in the Pacific Northwest.
- As part of this new acquisition, NWPS members will have access to Prescryptive's exclusive blockchain-powered mobile solution, bringing transparency, choice and control over prescription drug pricing.
- All
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MedStar Health Awarded $2M Telehealth Research Grant
What You Should Know:
- MedStar Health has received a nearly $2 million telehealth research grant from the Agency for Healthcare Research and Quality (AHRQ) to expand its research collaboration with Stanford Medicine and Intermountain Healthcare focused on telehealth access, safety, and equity.
- The grant will allow researchers to establish a patient safety learning laboratory over a four-year funding period to apply a cross-disciplinary, human factors and systems
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Biden-Harris Admin Awards $1.5B to Address Overdose Epidemic
What You Should Know:
- The U.S Department of Health and Human Services (HHS), through the Substance Abuse and Mental Health Services Administration (SAMHSA), awarded nearly $1.5 billion to support states, tribal lands, and territories’ efforts to address the opioid crisis and support individuals in recovery.
- The grants are part of SAMHSA’s State Opioid Response and Tribal Opioid Response grant programs. The grant programs provide funding to states and territories to increase access to
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American Diabetes Association Launches Amputation Prevention Alliance
What You Should Know:
- The American Diabetes Association® announced a new initiative designed to address the urgent public health challenge of preventable amputation called the Amputation Prevention Alliance. Over 135,000 amputations occur every year in the United States, with the majority of those procedures being preventable, but due to challenges in accessing quality care, patients are forced into unnecessary amputations and even death.
- The Amputation
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Caris Life Sciences Integrates with Flatiron Health for Molecular Testing
What You Should Know:
- Caris Life Sciences, the leading molecular science and technology company, announced their partnership with Flatiron Health to fully integrate Caris’ molecular testing portfolio with Flatiron’s OncoEMR®, a cloud-based electronic medical record (EMR) tool.
- This partnership streamlines clinical workflows for physicians, delivering critical results directly at the point of care to help them make better treatment decisions for their patients.
Molecular
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VC Firm General Catalyst Partners Lands First NHS Trust Partnership in UK
What You Should Know:
- Venture capital firm General Catalyst announced a partnership with Guy’s and St Thomas’ NHS Foundation Trust (GSTT), the largest hospital system in the UK with a diverse patient population and a longstanding commitment to innovation.
- As part of the partnership, General Catalyst and GSTT will work together to identify innovative digital solutions that benefit patients and providers by addressing problems such as hospital capacity constraints, long wait times and
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Cityblock Health & MDwise Brings VBC to 10K Medicaid Members in IN
What You Should Know:
- MDwise and Cityblock Health, the first tech-driven healthcare provider for communities with complex health and social needs announced that they will be collaborating to provide high-quality, comprehensive care to 10,000 Medicaid members at launch in select Indiana communities, including Indianapolis.
- As part of this strategic collaboration, Cityblock will open comprehensive care clinics to provide care services for these individuals, addressing physical
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Lyfegen Raises $8M for Value-Based Contracting for High-Cost Drugs
What You Should Know:
- Lyfegen, a global health tech SaaS company driving the world’s transition from volume to value-based healthcare for high-cost drugs raises $8M in Series A financing round led by aMoon, with additional participation from APEX Ventures and others.
- Lyfegen’s value-based contracting software is used by healthcare payers and leading pharma companies, including Novartis, Roche, MSD, Bristol Myers Squibb (BMS) and Johnson & Johnson.
Value-Based
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Children’s Oncology Group Taps Tempus to Provide Genomic Sequencing for Pediatric Cancer Patients
What You Should Know:
-Tempus, an $8B precision medicine company, is providing genomic sequencing for 300 eligible pediatric cancer patients annually through their new collaboration with the Children’s Oncology Group (COG). Tempus’ support for COG – a leader in pediatric oncology research – will assist with matching patients to clinical trials like the Pediatric MATCH Screening Trial APEC1621SC (NCT03155620), which is studying the effectiveness of genetic testing-directed treatment in
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