What You Should Know:
- SWORD Health raises $25 million in Series B to accelerate growth of its best-in-class virtual musculoskeletal care solution led by Todd Cozzens, Managing Partner at Transformation Capital and former healthcare investor at Sequoia Capital. Existing investors Khosla Ventures, Founders Fund, Green Innovations, Vesalius Biocapital and Faber also participated. The latest round brings SWORD’s cumulative fundraising to $50 million.
- SWORD Health pairs licensed physical
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Cellino Closes $16M Seed Financing led by The Engine and Khosla Ventures to Automate and Scale Stem Cell Manufacture
What You Should Know:
- Cellino, a Cambridge, MA-based personalized regenerative medicine company developing an AI-guided laser editing platform for autologous cell-based therapies, today announced the closing of a $16M Seed financing round. The round was co-led by The Engine and Khosla Ventures, with participation from Humboldt Fund and 8VC.
- The company’s platform solves a time-consuming, major bottleneck of developing drugs that rely on cell therapy, having to
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Mammoth Biosciences, Agilent Partner on High-Throughput CRISPR-Based SARS-CoV-2 Diagnostic Test
What You Should Know:
- Mammoth Biosciences, the company bringing CRISPR out of the lab to help fight COVID-19 announced a partnership with lab giant Agilent to automate and scale its CRISPR-based high throughput testing system.
- Building on existing partnerships with Hamilton and Merck, this deal will help deliver a workflow capable of performing more than 4,000 COVID-19 tests per day.
Mammoth Biosciences, Inc. today announced a co-marketing agreement with Agilent Technologies to
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Adventist Health to Connect 21 Hospitals to California Health Data Network
What You Should Know:
-Adventist Health’s faith-based, nonprofit integrated health system announce it will be connecting 21 hospitals from Fort Bragg to Los Angeles and approximately 7 million patients to the California’s Manifest MedEx health information network.
- Joining Manifest MedEx will give Adventist Health access to powerful data and tools to serve patients, including longitudinal health records, real-time notifications on patient hospitalizations and lab results, and data
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Cedars Sinai Launches COVID-19 Recovery Program
What You Should Know:
- Patients in the Cedars-Sinai COVID-19 Recovery Program
receive a comprehensive in-person evaluation with an expert in infectious
diseases or pulmonary medicine who can refer them to a network of specialists.
Cedars-Sinai,
today announce the launch of the COVID-19 Recovery Program to meet the needs of a
growing number of COVID-19 patients who experience lingering symptoms weeks and
even months after physicians say they are virus-free.
COVID-19
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Cognizant and XPRIZE Announce Finalists For $500k COVID-19 Pandemic Response Competition
What You Should Know:
- Cognizant, a Fortune 200 leader in technology and
professional services, recently partnered with XPRIZE on the Pandemic Response
Challenge, a global competition aimed at fighting the pandemic and mapping a
course for safely reopening societies using artificial intelligence. The
challenge began in November 2020 and recently entered its final phase.
- The 48 finalist teams from 17 countries were selected
from 104 semifinalist teams from 28 countries following an
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Therma Fisher Acquires Rapid COVID-19 Test Provider Mesa Biotech for $450M
What You Should Know:
- Thermo
Fisher Scientific Inc. has entered into a definitive agreement to acquire
Mesa Biotech, Inc., a San Diego,
CA-based molecular diagnostic company, for approximately $450 million in cash.
Under the terms of the agreement, Thermo Fisher will pay up to an additional
$100 million in cash upon the completion of certain milestones following the
close of the transaction.
- Mesa Biotech designs, develops, manufactures, and commercializes next generation Rapid PCR
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87% of Americans Want to Receive COVID-19 Vaccine Information From Their Providers
What You Should Know:
According to a recent Updox survey, 87% of Americans say
they want to receive information from their healthcare provider on COVID-19
vaccine-related news/updates, with their healthcare providers cited as the most
trusted source on the topic (34%) -- behind health protection agencies (32%),
government entities (9%), and the biotechnology companies developing the
vaccines (4%).
When it comes to means of communication with their
healthcare provider, consumers’
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Tyto Care Launches FDA-Cleared Fingertip Pulse Oximeter Medical Device
What You Should Know:
- Tyto Care announces the launch of its fingertip Pulse
Oximeter device, allowing users to measure their own blood oxygen saturation
level and heart rate from the comfort and safety of home.
- Expanding its clinic-quality remote capabilities, TytoCare users will be able to perform a remote blood oxygen exam, allowing clinicians to better monitor patients with COVID-19 and chronic lung or heart conditions.
Tyto Care, a New York City-based all-in-one modular
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HealthStream Acquires Policy Management System ComplyALIGN for $2M
What You Should Know:
- HealthStream, a provider of workforce
and provider solutions for the healthcare industry acquires
ComplyALIGN (incorporated as ProcessDATA,
Ltd.), a Chicago-based healthcare technology company for $2M in cash.
-
The number of policies and procedures that a typical hospital needs to manage
and continue to process rarely falls below one thousand. Staff members must
know what’s expected of them and have rules and procedures to guide their
day-to-day
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