Success in understanding, treating and preventing specific diseases has often resulted from concentrated research initiatives backed by strong sponsors and robust funding. A great example: the extraordinary 13- year long national Human Genome Project (HGP) that not only achieved its goal of mapping the genes in human DNA, but also unearthed the genetic roots of many diseases. Jointly undertaken in 1990 by the Department of Energy and the National Institute of Health, with a total cost of $3.8
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Mental Health
Mental Health App Joyable Raises $8M to Treat Anxiety, Depression
San-Francisco-based Joyable, an evidence-based, affordable mental health service provider has raised $8 million in Series A funding led by returning investors Thrive Capital and Harrison Metal. The funding will be used to develop the company's first-ever native mobile app to offer Cognitive Behavioral Therapy (CBT) and expand its service to more of the 15 million Americans currently suffering from clinical social anxiety. The company previously raised $2M seed round.
Launched in March 2015,
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Lyra Health Pulls in $35M to Transform Mental Health
After recently launching in June led by former Facebook and Genentech CFO David Ebersman, mental health-based startup Lyra Health has raised a $35 million in Series A funding led by Greylock Partners and existing investor Venrock. The investment round also includes funding from existing investor Castlight Health, and new investors Providence Health & Services, Breyer Capital and Origin Capital Management. The company will utilize the funding to make its technology available to a select group
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20 Promising Canadian Digital Health Companies to Watch
“A company’s odds of success are better the closer they can get to their market,” argues Stephen Hurwitz, a thought leader in the Canadian venture capital industry, recognizing that the proximity to a VC-tech hub can help the success rate of Canadian startups.
A socialized healthcare system, Canada’s market is fragmented by province and type of care – most primary and emergency care is free for residents whereas specialty care, prescription drugs, long-term and in-home care amongst others,
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Northern Virginia Regional Health Information Organization Inc. Launches Innovative Medication History Service
In an emergency department (ED), where patients’ health and safety hang in the balance, every second counts. Now, Inova Alexandria Hospital ED clinicians can quickly access a patient’s prescriptions information, no matter where in the U.S. they were written, enhancing care quality and safety.The April medication history service launch in this busy Washington, D.C. suburb ED marks the first project milestone for the Northern Virginia Regional Health Information Organization (NoVaRHIO). This
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