Today, IBM announced a partnership with Tekes, the Finnish Funding Agency that will enable Finland will be able to utilize Watson Health's cognitive computing to help doctors improve the health of its citizens, and strengthen and develop the Finnish innovation and business ecosystem in the fields of health and well-being.This new partnership is expected to accelerate creation of new start-up companies in Finland, gain new opportunities for Finland companies for global growth, and help to
Read More
ExplORer Surgical Nabs $1M for Real-Time Mobile Surgical Playbook
ExplORer Surgical, a Chicago-based startup has raised $1 million in seed funding for its real-time mobile-based surgical playbook that promotes optimal teamwork in the operating room. Investors in the seed round include CJM Ventures, M25 Group, SymphonyAlpha Ventures, The University of Chicago Innovation Fund, Wasson Enterprise, along with several prominent healthcare and technology angel investors. Inefficiency and Errors in the OR RoomImproper room preparation, mid-case handoffs, inexperienced
Read More
Google’s Verily, Sanofi Launch $500M Diabetes Joint Venture Onduo
French pharma company Sanofi and Verily Life Sciences LLC, (formerly Google Life Sciences), an Alphabet company are teaming up on a $500M joint venture named Onduo to develop a comprehensive diabetes platform. Based in Kendall Square in Cambridge, the Onduo joint venture will combine devices, software, medicine and professional care to enable simple and intelligence disease management for patients. Joshua Riff, M.D., M.B.A will serve as Onduo’s newly appointed Chief Executive Officer. As part
Read More
Mayo Clinic, iSpecimen Collaborate on Cancer/Normal Serum Biobank
Mayo Clinic Center for Individualized Medicine has selected iSpecimen, a customized human biospecimen collections company to serve as the exclusive channel partner for the Mayo Clinic Cancer/Normal Serum Biobank, connecting biomedical researchers with the samples and associated data for their studies. Mayo Clinic Cancer/Normal Serum Biobank OverviewBased in Rochester, Minnesota, the Cancer/Normal Serum Biobank has approximately 130,000 frozen vials of serum from about 17,000 unique, consented
Read More
HealthTap Launches Digital Healthcare Network in United Kingdom
HealthTap, a Global Health Practice providing 24/7 immediate access to top doctors and their knowledge via video, text, or voice is expanding its digital health network to the UK. The new London-based company named HealthTap UK will features new apps and website specifically for British doctors and patients to supplement and complement the care already provided to citizens by the United Kingdom’s National Health Service (NHS).HealthTap UK Network OverviewUsers can access HealthTap UK through
Read More
Phoenix Children’s Hospital Taps NantHealth for Precision Cancer Care
Phoenix Children’s Hospital has entered into a commercial licensing agreement with NantHealth to adopt GPS Cancer, a comprehensive molecular testing platform for personalized cancer therapy for its patients and self-insured employee population. As part of the licensing agreement, Phoenix will deploy the GPS Cancer in two key ways:1. Its network of oncologists will be able to order GPS Cancer, enabling them to gain critical insights to inform personalized treatment strategies including guided
Read More
Former CVS Health Exec Joins Culbert Healthcare Solutions as CMO
Culbert Healthcare Solutions, a healthcare management consulting firm has appointed former CVS Health executive Nancy Gagliano, MD as the company’s chief medical officer (CMO). Under her leadership, Dr. Gagliano will provide her strategic and operational oversight to Culbert’s consulting services related to clinical leadership, quality programs, clinical operations and clinical IT strategy.“We are honored and excited to welcome Nancy to the team,” said Brad Boyd, President of Culbert Healthcare
Read More
SHYFT Analytics Lands $12.5M Backed by McKesson Ventures, Medidata
SHYFT Analytics, a provider of cloud data and analytics for the global life sciences industry has raised $12.5 million in Series B funding. SHYFT Management opted for an all strategic collaboration, which included investments from McKesson Ventures, Medidata Solutions and other healthcare and technology industry leaders. SHYFT will use the investment to continue its rapid growth and expansion and further advance its leading healthcare cloud analytics platform. Existing investors, Health
Read More
USC Launches Wearable Sensor Pilot to Track Biometrics via Eyeglasses
The USC Center for Body Computing (CBC) and VSP Global's innovation lab, The Shop, have teamed up to conduct a wearable sensor pilot research study offered to USC employees to test eyewear with fitness tracking technology seamlessly embedded inside the frames.The pilot, which launched on August 27th will assess the users' engagement with and feedback of the smartphone app synched to the embedded sensor in the first-of-its-kind prototype optical frame, LevelTM, created by The Shop.Pilot Study
Read More
Cardinal Health Quietly Acquires Telepharmacy Startup TelePharm
Healthcare services provider Cardinal Health quietly acquired TelePharm, a Iowa City-based telepharmacy startup in July for an undisclosed amount, according to The DesMoines Register. Founded in 2012 by Roby Miller, a University of Iowa graduate, TelePharm's cloud-based software helps pharmacies streamline workflow and communication in order to strengthen their patient relationships.Integration DetailsAs part of the acquisition, all of TelePharm's 18 employees including its founder will maintain
Read More