What You Should Know:
- Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs announces today the relaunch of Techstars Healthcare sponsored by Cedars-Sinai, Point32Health, UCI Health, and UnitedHealthcare.
- The consortium-led accelerator program will be based in Los Angeles and select 12 high-growth startups to participate in its intensive 13-week program. Startups will receive capital,
Read More
Zipline
Magellan Health to Deliver Prescription Medications via Drones
What You Should Know:
- Today Magellan Rx Management, the full-service pharmacy benefits management division of Magellan Health, and Zipline, the global leader in instant logistics, announced their collaboration to deliver prescription medications, including specialty medications that treat chronic, complex conditions, directly to patients’ homes via autonomous aircraft beginning in 2022.
- The collaboration marks Magellan Rx as the first national pharmacy benefits manager (PBM) to
Read More
Novant Health Launches Nation’s First Emergency Drone Operation for COVID-19 Pandemic Response
What You Should Know:
- North Carolina-based health system Novant Health
launches the nation’s first emergency drone logistics operation by a hospital
for its COVID-19 pandemic response.
- The operation provides contactless distribution of
personal protective equipment and critical medical supplies to Novant Health
frontline medical teams in the Charlotte metro area.
- The FAA approved the pandemic response operation
through Part 107 waivers granted to Novant Health. Zipline, which
Read More
Rock Health Report: Is 2019 The Year of the Digital Health IPO?
Digital health funding reached a new record of $4.2 billion across 180 deals in the first half of 2019, according to Rock Health, a full-service venture fund dedicated to digital health. The digital health sector is on track for an $8.4B year in 2019—and may even break 2018’s annual funding total. The report also validates the continued trend of the large $100M+ mega deals, attributing to 30% of venture funding in H1 2019. The 2019 Midyear Digital Health Market Update reflects a maturing digital
Read More
Zipline Lands $25M to Expand Automated Medical Drone Delivery
Zipline, a San Francisco-based drone delivery startup has raised $25 million in Series B funding led by Visionnaire Ventures, with participation from Sequoia Capital and Andreessen Horowitz. The latest round will allow it to expand its operations to new countries/territories across the world and brings Zipline’s total funding to $43 million. According to Zipline, more than two billion people lack adequate access to essential medical products, often due to challenging terrain and gaps in
Read More
