SpringWorks Therapeutics, a new Pfizer spin-off launched as a way to advance investigational drug therapies that may hold significant promise for underserved patients has raised $103 million in funding in Series A funding. The Series A round was led by Bain Capital Life Sciences, Bain Capital Double Impact, OrbiMed, Pfizer and LifeArc (formerly known as MRC Technology). SpringWorks Therapeutics’ collaborative business model is designed to deliver both social and financial returns via
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Centre for Aging + Brain Health Innovation Awards $8.3M to Support Senior Care Innovations
Centre for Aging + Brain Health Innovation (CABHI), a solution accelerator for the aging and brain health sector has invested more than $8.3M across twenty-six projects to acclerate senior care innovations. The projects will utilized the funding to improve the quality of life and care for older adults with dementia and cognitive health issues. The projects are part of three new CABHI programs: the Industry Innovation Partnership Program, the Researcher-Clinician Partnership Program, and the
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Caresyntax Lands $11.9M for EHR-Integrated Surgical Analytics Platform
Caresyntax Inc., a Boston, MA-based surgical analytics and integration services company has raised $11.9 million in funding led by Norgine Ventures. The company plans to utilize the funding to establish its first full-time U.S. operations and headquarters in downtown Boston in October with plans to add more than 10 employees by the end of 2017.Partnering with GE, Medtronic and Siemens in the U.S., caresyntax is a sister company of Berlin-based S-CAPE GmbH, a global operating room integration
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DispatchHealth Raises $30.8M for On-Demand Urgent Care App
DispatchHealth (formerly known as True North Health Navigation), a Denver, CO-based provider of on-demand urgent care has raised $30.8M in funding co-led by Alta Partners and Questa Capital with the participation of strategic partner US Acute Care Solutions and existing investors. The company plans to use the funding to accelerate its mobile app-enabled on-demand healthcare delivery platform.Founded in 2013 by two mobile health executives, DispatchHealth’s team of board-certified caregivers
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PatientSafe Solutions Raises $25M for Point-of-Care Mobile Solutions
PatientSafe Solutions, a provider of mobile clinical workflow and communication solutions has raised $25 million in funding led by HighBar Partners with participation from existing investors Merck Global Health Innovation Fund, Camden Partners, Psilos Group, and TPG. The company plans to utilize the latest round of funding to accelerate its operations, sales and customer success. In addition, the funding will help Patient Safe drive further innovation in clinical communications and care
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Generali Global Assistance Acquires Senior Caregiver Marketplace App CareLinx
Generali Global Assistance announced it has acquired CareLinx, a Silicon Valley-based nationwide, tech-enabled caregiver marketplace improving access to affordable, quality home care for families, large health systems, and insurance companies. Financial details of the acquisition were not disclosed. The company has raised a total of $5 million in funding to date. Founded in 2011, CareLinx professional caregivers leverage proprietary digital care plans to better assist the elderly, individuals
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Tempus Raises $70M to Expand Personalized Cancer Care Platform
Tempus, a technology company focused on helping doctors personalize cancer care by collecting and analyzing large volumes of molecular and clinical data, today announced it has raised $70 million in Series C funding. The Series C round was co-led by New Enterprise Associates (NEA) and Revolution Growth. This latest round brings the two-year-old company’s total funding to $130M.Cancer isn't only about where it grows. It's about how it grows. Genetic alterations drive cancer growth. Some
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Israeli Startup Augmedics Lands $8.3M for Augmented Reality Glasses for Spinal Surgery
Augmedics, a Yokneam, Israel-based developer of an augmented-reality (AR) surgical visualization system has raised $8.3M in Series A funding led by AO Invest, Israeli Innovation Authority, Terra Venture Partners and other undisclosed investors. The company plans to utilize the latest round of funding accelerate research and development as well as pre-clinical and clinical trials of its ViZOR System. In addition, the company plans to establish strategic distribution partnerships, and seek 510(k)
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Hearst Makes Equity Investment in Moffitt Cancer Center Subsidiary M2Gen
Hearst, a market leader in healthcare technology has announced an equity investment in M2Gen, a health informatics subsidiary of Moffitt Cancer Center, one of the top comprehensive cancer centers in the United States. This partnership will help accelerate the discovery of innovative cancer therapies and improve care for patients nationwide. In addition, the collaboration will provide funding to expand the efforts of the nation’s first major data sharing network among leading cancer
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Telehealth Startup Cloudbreak Health Joins StartUp Health’s Global Army of Transformers
Cloudbreak Health, a Los Angeles, CA-based telehealth startup has been chosen to join the elite StartUp Health Academy for Health Transformers and digital health entrepreneurs. StartUp Health’s platform is focused on coaching and supporting entrepreneurs to foster digital innovation to transform health on a global scale. provide video remote interpreting services (VRI) and over the phone interpreting (OPI) to medical facilities around the countryFounded in 2003, Cloudbreak allows providers to
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