What You Should Know:
- Optellum, an Oxford-based digital health company that provides a breakthrough AI platform to diagnose and treat early-stage lung cancer raises $14M in Series A funding led by Mercia, with additional investors Intuitive Ventures and Black Opal Ventures. Existing investors, including St John's College in the University of Oxford, IQ Capital, and the family office of Sir Martin & Lady Audrey Wood, also participated in this round.
- The investment will enable
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Digital Health | News, Analysis, Insights - HIT Consultant
Tavros Therapeutics Raises $7.5M to Develop Targeted Cancer Therapies
What You Should Know:
- Tavros Therapeutics, a precision oncology platform company leading the new frontier of targeted therapies exploiting tumors’ genetic vulnerabilities raises $7.5 million in Seed II financing co-led by existing investor Piedmont Capital Investments and new investor KdT Ventures, with participation from Alexandria Venture Investments.
- Tavros launched in 2020 with a $3 million seed financing by Piedmont Capital Investments and a strategic collaboration with Zentalis
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Memorial Sloan Kettering Cancer Center Launches Telemedicine Platform
What You Should Know:
- Today, Memorial Sloan Kettering Cancer Center (MSK) announced it has collaborated with Accenture and Microsoft over the last 12 months to help develop and refine MSK Telemedicine. MSK Telemedicine was created to provide patients access to care during the COVID-19 pandemic and into the future, allows MSK patients and families to virtually interact with their entire care team, seamlessly replicating an in-clinic visit.
- With the combined resources of Accenture,
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Digiceuticals: Driving Growth Through Digital Health Services
There was tremendous interest in telemedicine before 2020. However, the COVID-19 pandemic made it a reality triggering unprecedented disruption across the industry. For instance, digital-first healthcare aggregators had been testing programs for telemedicine but, since 2020, the demand for telehealth services has exploded across the globe. Despite stabilizing forces such as vaccine rollouts, telehealth utilization remains 38 times higher than it was in the years before the pandemic (1). Health
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AWS Distributes $14M to 90 Organizations Through Health Equity Initiative
What You Should Know:
- Amazon Web Services (AWS) announced that it has awarded $14 million in cloud services and technical expertise to help nearly 90 organizations around the world, ranging from startups and nonprofits to large enterprises, to address health equity challenges through the Health Equity Initiative.
- AWS also introduced a new pillar of the program today to improve global equity in access to diagnostics. As non-communicable medical conditions account for 70 percent of
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American Diabetes Association Launches Amputation Prevention Alliance
What You Should Know:
- The American Diabetes Association® announced a new initiative designed to address the urgent public health challenge of preventable amputation called the Amputation Prevention Alliance. Over 135,000 amputations occur every year in the United States, with the majority of those procedures being preventable, but due to challenges in accessing quality care, patients are forced into unnecessary amputations and even death.
- The Amputation
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Geneial Receives $2.3M NIH Grant for Decentralized Biomedical Data Platform
What You Should Know:
- Digital health company Geneial announces a $2.3M grant from the National Human Genome Research Institute to fund the development of their secure, decentralized platform.
- Geneial will use $2.3M NIH award to build private, decentralized data platform facilitating research of genetic diseases. Geneial's platform will connect researchers of rare genetic diseases with relevant data while preserving patient privacy. Geneial's platform aims to help researchers leverage
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Surge Raises $2.6M for Blood Test to Predict Post-Surgery Complications
What You Should Know:
- Biotech and medical AI innovator Surge announced a $2.6M round co-led by HCVC, a global early-stage fund dedicated to high-potential technology startups, and Boutique Venture Partners, a leading fund based in the Silicon Valley . Veteran angel investors, including Nicolas Godin, the COO/CFO of Cardiologs, also participated in the round.
- Based on an exclusive license to Stanford's patented postoperative complication prediction technology, Surge's flagship product
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Assisted Polyp Detection Device Receives FDA Clearance
What You Should Know:
- Iterative Scopes, a pioneer in precision medicine technologies for gastroenterology, and Provation, the premier software and SaaS provider of clinical productivity and workflow automation solutions, announced recently that SKOUT™ has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for adults undergoing colorectal cancer screening or surveillance.
- The device was evaluated in the largest U.S.-based multicenter clinical study for a
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Backed by $5M Grant, Butterfly Network Deploys 500 Devices to Healthcare Workers in Kenya
What You Should Know:
- Butterfly Network announce the deployment of 500 Butterfly iQ+ devices, the world’s only handheld, whole-body ultrasound probe, to healthcare practitioners in Kenya to advance maternal and fetal health.
- This deployment is part of a $5 million grant from the Bill & Melinda Gates Foundation to expand access to medical imaging across Sub-Saharan Africa.
Why It Matters
According to the World Health Organization Regional Office for Africa1, about 830 women
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