What You Should Know: - Topography Health, a clinical trials startup focused on community physicians, today launched out of stealth with $27.5M in funding from Andreessen Horowitz and Bain Capital Ventures. - Co-founded by former Gerson Lehrman Group CEO Alexander Saint-Amand, Topography is making it possible for your family doctor to offer clinical drug trials as part of their practice. Not just for potentially terminal illnesses, but also for moderate chronic illnesses, where the
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Digital Health | News, Analysis, Insights - HIT Consultant
Digital Mental Health Clinic Mantra Health Secures $22M to Support University Students
What You Should Know: - Mantra Health, the preeminent digital mental health clinic focused on young adults, today announced a $22 million Series A investment, led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W, and Alumni Ventures. Returning investors included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments, and City Light Capital. - The company plans to use the investment proceeds to
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Dura Software Acquires Cloud-Based Telehealth Platform SecureVideo
What You Should Know: - Dura Software, specialists in acquiring and operating hyper niche software products, announced it has acquired SecureVideo, a cloud-based software company with extensive experience developing a secure SaaS telehealth platform for the healthcare industry. Expanding the Dura portfolio, SecureVideo is the ninth acquisition for Dura Software and furthers the Dura mission of acquiring niche software companies that serve critical business needs. - Serving the healthcare
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Sema4 Acquires GeneDx for $623M to Strengthen AI-Driven Genomic Platform
What You Should Know: - Today, Sema4 (Nasdaq: SMFR), a health intelligence company, announced it has signed a definitive agreement to acquire GeneDx, a leader in genomic testing and analysis, at a purchase price representing approximately $623 million, strengthening its market-leading health intelligence and genomic screening offerings. - The combined company is projected to deliver $350 million in pro forma 2022 revenue. In connection with the acquisition,
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Clarius Launches 10 New Ultrasound Scanners for Apple and Android Devices
What You Should Know: - Miniaturized to the size of an iPhone, Clarius Mobile Health launches a third-generation product line of high-performance handheld wireless ultrasound scanners for all medical specialists. - The entire Clarius HD3 line of ultra-portable scanners is built with the latest antenna technology for steadfast connectivity operating on both iOS and Android devices. Octal beamforming technology delivers up to eight times faster frame rates and micron-level resolution
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Jumpstart Health Launches $55M Venture Fund for Black Founded Health Startups
What You Should Know: - Jumpstart Health Investors, announced this week the launch of Jumpstart Nova, the first venture fund to invest in Black founded and led healthcare innovation companies. - The $55M fund will invest exclusively in Black founder-led healthcare companies across health IT, digital health, tech-enabled services, diagnostic devices, biotech, medical device manufacturing and consumer health and wellness. Why It Matters Marcus Whitney, a leader in healthcare innovation
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Decentralized Clinical Trials Can Achieve Net Financial Benefits of 5X to 14X
What You Should Know: - New data from Tufts and Medable reveal on average, decentralized clinical trials (DCTs) are associated with reduced clinical trial timelines and can achieve net financial benefits ranging from five to 14 times for Phase II and Phase III trials, respectively. - The findings are based on financial modeling and analysis of trial data from the Tufts Center for the Study of Drug Development (CSDD), Tufts University School of Medicine, and more than 150 clinical trials
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GSK Launches Accelerated Clinical Trial with Tempus
What You Should Know: - Tempus and GlaxoSmithKline (GSK) announced an accelerated phase II study evaluating the efficacy and safety of niraparib, an oral, once daily PARP inhibitor, for patients with breast and pancreatic cancers. The study, titled “Niraparib in the Treatment of Patients With Advanced PALB2 Mutated Tumors” (the PAVO study, NCT05169437) is sponsored by Tempus and opened for enrollment on January 7, 2022. - This trial’s data-driven design and site selection
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Sanofi Taps BrightInsight for Development of Software as a Medical Device
What You Should Know: - Sanofi, a global biopharmaceutical company focused on human health has inked a strategic partnership with BrightInsight, Inc., provider of the leading global platform for biopharma and medtech regulated digital health solution to bring to market a next-generation digital companion application for one of Sanofi’s products. - The BrightInsight® Platform has been selected to serve as the underlying infrastructure to accelerate continuous development of one of Sanofi’s
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Chronus Health Raises $22M for Portable, Rapid Blood Analyzer Technology
What You Should Know: - Chronus Health, a point-of-care diagnostics company raises $22M in Series A funding led by Tarsadia Investments with participation from Monta Vista Capital, SOSV, Savantus Ventures, and an undisclosed strategic investor. - Chronus intends to use the proceeds of the Series A financing to scale its research, engineering, and data science teams, in addition to accelerating the company’s product and technology development. Diagnostics on Demand. Reimagined While
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