What You Should Know:
- Abbott and Medtronic announced a groundbreaking partnership to develop an integrated continuous glucose monitoring (CGM) system designed to seamlessly work with Medtronic’s automated insulin delivery (AID) and smart insulin pen systems.
- The strategic collaboration aims to improve diabetes management by enabling more precise insulin dosing and reducing the burden on patients.
CGM System and Insulin Delivery Devices Integration
The new CGM sensor,
Read More
Patients Demand Personalized Obesity Care, New Survey Finds
What You Should Know:
- Phenomix Sciences, a precision medicine biotechnology company, released findings from a new survey revealing a growing demand for personalized obesity care.
- The survey of 475 patients explored attitudes toward weight management, treatment preferences, and information sources.
Key Findings:
Patients Seek Medical Guidance: A majority of respondents (66%) prefer guidance from healthcare providers to manage weight loss, highlighting the need for a
Read More
Physicians Reveals GLP-1s for Weight Loss are Overprescribed and Unsustainable
What You Should Know:
- A large majority of physicians feel GLP-1s are being overprescribed, according to a new survey from Virta Health, a leader in type 2 diabetes reversal.
- The Virta Health survey was conducted in partnership with Beresford Research and included 300 primary care providers, endocrinologists, and obesity specialists across the United States sheds light on the medical community's views on the rapidly growing class of GLP-1 medications, often hailed as
Read More
FemTech: Fertilitywise Partners with Fairfax EggBank to Empower Patients
What You Should Know:
- Fertilitywise, a provider of resources and support for those navigating fertility challenges, announced a new partnership with Fairfax EggBank, a prominent donor egg program. This collaboration aims to enhance the fertility journey for patients by offering comprehensive support and information.
- Through this partnership, Fairfax EggBank patients will receive a complimentary two-month membership to Fertilitywise, providing access to a wealth of evidence-based
Read More
venBio Raises $528M for Fifth Life Sciences Fund
What You Should Know:
- venBio, a leading life sciences venture capital firm, announced the successful closing of its fifth fund, venBio Fund V, with over $528M in capital commitments.
- The new fund will focus on investing in biopharmaceutical companies developing innovative treatments for unmet medical needs.
venBio Fund V Focus
With a strong track record of successful investments in companies such as Labrys Biologics, Aragon Pharmaceuticals, and Seragon
Read More
Spring Health Raises $100M for Mental Health Platform, Reaching $3.3B Valuation
What You Should Know:
- Spring Health, a mental healthcare platform raises $100M in Series E funding round, bringing its valuation to $3.3B. The round was led by Generation Investment Management, with participation from existing investors Kinnevik, William K Warren Foundation, RRE, and Northzone.
- The new funding will enable Spring Health to expand its reach, enhance its technology platform, and deepen its commitment to delivering exceptional mental healthcare. The company plans to
Read More
KONZA Launches Birth Connect to Improve Maternal and Infant Health
What You Should Know:
- KONZA National Network, a leading health information exchange (HIE), announced the launch of Birth Connect, a groundbreaking solution designed to enhance the care of mothers and newborns.
- By providing timely alerts to obstetricians and gynecologists (OB/GYNs) about the birth of their patients' babies, Birth Connect aims to improve maternal and infant health outcomes.
Addressing a Critical Healthcare Challenge
The United States faces a concerning
Read More
ZOE Secures $15M to Expand US Market and Fight Ultra-Processed Food
What You Should Know:
- ZOE, a science and nutrition company raises $15M from Coefficient Capital to fuel its expansion in the US market.
- The funding will support ZOE’s mission to empower individuals to improve their health through personalized nutrition.
Addressing the Ultra-Processed Food Crisis
ZOE’s science-backed approach challenges the conventional wisdom around nutrition, emphasizing the detrimental impact of ultra-processed foods on long-term health. The
Read More
FemTech: Flo Health Secures $200M to Expand Women’s Health Platform
What You Should Know:
- Flo Health, the world’s leading women’s health app raises $200M in Series C funding from General Atlantic. This investment propels Flo's valuation beyond $1B, marking a major milestone for the company and the femtech industry.
- The new funding will enable Flo to expand its user base, invest in research and development, and explore new opportunities in the women’s health market. The company plans to focus on expanding into perimenopause and menopause care,
Read More
Intermountain Primary Children’s Hospital Launches $9M Genomic Initiative for Kids
What You Should Know:
- Intermountain Primary Children’s Hospital, in partnership with the University of Utah Health Department of Pediatrics, has announced a groundbreaking initiative to expand access to whole genome sequencing for children across the Intermountain West.
- The project, fueled by a $9M investment, aims to revolutionize pediatric care through early diagnosis and personalized treatment.
Primary Children’s Gene Kids: A Beacon of Hope
The "Primary Children’s
Read More
