What You Should Know:
- Absci Corporation (Nasdaq: ABSI), a company utilizing generative AI for drug discovery, announced today an initial public offering (IPO) of $75 million in common stock.
- This IPO aims to support the advancement of Absci's internal drug development programs, further investment in their Integrated Drug Creation™ platform, and general corporate purposes.
Offering Details
Absci intends to offer $75M of common stock, with an option to sell an additional $11.25M
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Digital Health | News, Analysis, Insights - HIT Consultant
Streamlined Digital Pathology Workflows: Proscia Partners with Pramana
What You Should Know:
Proscia®, a leading provider of digital and computational pathology solutions, today announced thatPramana, Inc., an AI-enabled health tech company modernizing the pathology sector, is now a Proscia Ready partner.Pramana joins the partner alliance to help life sciences organizations and diagnostic laboratories increasingly leverage enriched, high-quality data, including DICOM images, in their routine research and clinical operations.
Accelerating Digital
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Integrating AI Co-Pilots: A New Era of Intelligent Healthcare Management
The integration of AI into healthcare workflows presents a tremendous opportunity for transformation –– and for new levels of productivity in a time when administrative functions surrounding claims adjudication, provider reimbursement, and related functions are complicating operations and affecting efficiency. AI Co-Pilots offer an innovative approach to addressing these issues by driving efficiency, accuracy, and value in payment integrity.
The payment Integrity sector, crucial for ensuring
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Veradigm Acquires ScienceIO for $140M in Cash to Accelerate AI Innovation in Healthcare
What You Should Know:
- Veradigm Inc. (NASDAQ: MDRX), a provider of healthcare data and technology solutions, announced an agreement to acquire ScienceIO, a leader in healthcare AI platform and foundation models.
- The acquisition is valued at $140 million in cash, with $44 million deferred and payable in installments over three years. Veradigm will fund the transaction entirely from existing cash reserves.
Strategic Acquisition to Enhance AI Capabilities
This acquisition signifies
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FamilyWell Secures $4.3M to Combat Maternal Mental Health Crisis
What You Should Know:
- FamilyWell Health, a company dedicated to improving maternal mental health, announced today they have secured $4.3 million in seed funding led by .406 Ventures, with participation from GreyMatter Capital and Mother Ventures.
- The funding will fuel FamilyWell's national expansion, tackling the crucial issue of maternal mental health. An alarming statistic reveals that 1 in 5 women in the United States experience postpartum depression, yet access to treatment remains
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Know Labs Unveils KnowU: Wearable Non-Invasive CGM Poised to Revolutionize Glucose Monitoring
What You Should Know:
- Know Labs (NYSE American: KNW), a leading innovator in non-invasive medical diagnostic technology, today announced the unveiling of its KnowU™, a wearable, non-invasive continuous glucose monitor (CGM).
- With over 270 patents issued, pending, and in process, Know Labs has established a solid foundation for its technology, creating a competitive advantage in the non-invasive CGM landscape.
Wearable, Non-invasive Continuous Glucose Monitor
Just eight months
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Color Health, BCBS National Labor Office Partner to Empower Unions in the Fight Against Cancer
What You Should Know:
- Color Health, a leader in comprehensive cancer solutions, announced today a Strategic Alliance partnership with the Blue Cross Blue Shield (BCBS) National Labor Office (NLO).
- Through this alliance, Color Health and BCBS NLO aim to empower union leaders with the tools and resources needed to equip their members for the fight against cancer, promoting early detection, comprehensive care, and essential support services.
Comprehensive Cancer Care for Union
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b.well Connected Health Secures $40M to Revolutionize Fragmented Healthcare Landscape
What You Should Know:
- b.well Connected Health, a leading platform provider for connected healthcare ecosystems raises $40M in Series C funding led by Leavitt Equity Partners.
- b.well’s FHIR-based platform empowers healthcare organizations to create a unified experience for consumers, allowing them to manage their health information, receive valuable insights, and access care services conveniently.
Expansion Plans
This Series C funding round further fuels b.well's mission to
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GE HealthCare, Biofourmis Partner to Enhance Patient Care with At-Home Solutions
What You Should Know:
- GE HealthCare (Nasdaq: GEHC) and Biofourmis announced a strategic collaboration today, aiming to revolutionize patient care by enabling safe and effective care at home.
- The strategic partnership leverages the expertise of both companies to deliver innovative care-at-home solutions, improving patient experiences and addressing healthcare system challenges.
- GE HealthCare will begin distributing Biofourmis solutions to customers in the United States starting Q1
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Alamar Biosciences Raises $128M to Accelerate Proteomics Platform
What You Should Know:
- Alamar Biosciences, a leader in precision proteomics for early disease detection raises $100M in Series C round, with an additional $28M expected within the next 30 days. This brings their total funding to nearly $250M.
- The Series C funding round was led by led by Sands Capital, with participation from new and existing investors, including both financial and strategic partners. Ian Ratcliffe, Executive Managing Partner at Sands Capital, has joined Alamar's Board
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