Pharma

A woman holding a smartphone looking out a window.
By  Emily Olsen 11:48 am December 19, 2022
Pharma company Boehringer Ingelheim and Click Therapeutics announced an expanded partnership to develop and commercialize another prescription digital therapeutic for patients with schizophrenia. The deal will net Click up to $460 million, plus tiered royalties. It builds on an earlier collaboration announced in 2020 that developed CT-155, an initial therapeutic for schizophrenia. The companies...
A man leaving an office carrying a box of his belongings.
By  Emily Olsen 05:17 pm December 13, 2022
Health data startup Komodo Health has laid off 9% of its staff as part of a larger restructuring of its business. The COVID-19 pandemic created opportunities for the analytics company, Komodo’s cofounders Arif Nathoo and Web Sun wrote in a message to employees that was also posted on LinkedIn. But the current economic environment is forcing its customers to seriously consider their purchasing...
Person looking at a prescription bottle while on a computer
By  Jessica Hagen 01:20 pm December 8, 2022
Mark Cuban Cost Plus Drug Company (MCCPDC) announced a partnership with pharmacy benefit manager EmsanaRx to allow employers and employees access to lower-cost prescription drugs via a new platform called EmsanaRx Plus. EmsanaRx Plus is a supplemental discount drug platform designed specifically for employers. It utilizes EmsanaRx's ability to integrate with employer-sponsored drug benefits, and...
A group of researchers looking at data on a television screen.
By  Emily Olsen 01:27 pm December 7, 2022
Lokavant, which provides a data analytics platform for clinical trials, raised $21 million in a funding round led by Edison Partners. Roivant Sciences, which builds health tech and biotech companies called "Vants," participated in the raise. Lokavant was incubated at Roivant and piloted its platform with some of the company's other biotech ventures.  As part of the fundraise, Gregg Michaelson,...
Doctors and hospital administrators discussing data.
By  Emily Olsen 11:35 am November 30, 2022
German health data startup Temedica raised another €25 million in Series B funding led by existing investor MIG Capital and an undisclosed Munich-based family office. The latest influx of capital brings its total Series B raise to €42 million. The company had previously announced it had scooped up €17 million in January 2020.  WHAT THEY DO The Munich-based company offers the Permea real-world...
Person sitting on a bed with a healthcare professional taking vitals
By  Jessica Hagen 12:52 pm November 8, 2022
Canadian health tech company PointClickCare announced a strategic collaboration with Pfizer to share its real-world data on seniors.  The cloud-based software company focused on elder care covers the long-term and post-acute care market. PointClickCare will provide Pfizer with real-world data insights that specifically represent older adults, especially those in long-term care facilities, to help...
Two healthcare researchers speaking with each other
By  Jessica Hagen 12:44 pm November 7, 2022
Clinical trial workflow platform OneStudyTeam, a Reify Health company, announced its partnership with Antidote Technologies, a digital patient engagement company, to provide an end-to-end clinical trial recruitment platform. OneStudyTeam's cloud-based software StudyTeam connects study sites and sponsors to assist in recruiting, prescreening and enrolling patients in clinical trials.  Antidote's...
Person in a lab
By  Jessica Hagen 02:12 pm October 4, 2022
French multinational pharmaceutical and healthcare company Sanofi announced a partnership with New York-based TrialSpark, which offers a technology-based model for drug development. TrialSpark's tools aim for more efficient trial design, faster trial completion and higher quality trial data. It acquires clinical-stage drugs from pharmaceutical and biotech companies and develops them using its...
Mati Gil, CEO of AION Labs
By  Jessica Hagen 10:38 am September 28, 2022
This week Israel-based AION Labs, an AI-enabled drug discovery partnership between global pharma and tech companies like AstraZeneca, Merck, Pfizer, Teva, Israel Biotech Fund and Amazon Web Services, announced the formation of a new startup company dubbed OMEC.AI. OMEC.AI aims to build a computational platform using AI that can help researchers assess the clinical trial readiness of a drug...
A person using a wearable while out on a run.
By  Emily Olsen 12:10 pm September 27, 2022
On Tuesday, Fitbit Health Solutions and Google Cloud announced they're launching a new service to help healthcare and life science organizations utilize data from wearables. The company said that Device Connect for Fitbit allows patients to make their Fitbit data available to providers, giving these patients control over who they share their information with and for what purpose. The tool also...