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
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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
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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
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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
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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,
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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
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LG Launches 5MP Diagnostic Monitor for Breast Imaging
What You Should Know:
- LG Electronics launches its latest addition to its diagnostic monitor lineup, the 21HQ613D-B. This 21.3-inch 5-megapixel (MP) IPS monitor has received FDA clearance for digital mammography and breast tomosynthesis.
- The new 5MP monitor is designed to improve workflow efficiency by providing healthcare professionals with the tools they need to accurately and comfortably review medical images.
Enhanced Image Quality and User Experience
The
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Astrana Health Acquires Collaborative Health Systems to Expand Care Delivery Network
What You Should Know:
- Astrana Health, a leading technology-powered healthcare company acquires Collaborative Health Systems (CHS), a management services organization serving over 129,000 beneficiaries across 17 states.
- The strategic move will significantly expand Astrana’s care delivery capabilities and solidify its position as a key player in the value-based care market.
Expanding Geographic Footprint and Enhancing Care Delivery
CHS brings a strong
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Xealth Partners with National Center on Shaken Baby Syndrome to Improve Infant Safety
What You Should Know:
- Xealth, a digital health platform is teaming up with the National Center on Shaken Baby Syndrome (NCSBS) to leverage Xealth’s digital health tools in distributing critical information to new families.
- The strategic integration collaboration aims to reduce the incidence of shaken baby syndrome (SBS) and abusive head trauma (AHT) through the widespread adoption of the Period of PURPLE Crying program.
Addressing the Shaken Baby Syndrome
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A Guide to Probiotics Market Trends and Opportunities
Probiotics are a popular topic in health and wellness, but what exactly are they?
Probiotics are beneficial microorganisms that provide health advantages to the host when consumed in sufficient quantities. These helpful bacteria are essential for promoting gut health and overall wellness. The human gut is home to trillions of microorganisms, collectively known as the microbiome, which influences various aspects of our health, from digestion to immune function.
The growing awareness
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