Pharma

A close up of workers analyzing financial charts
By  Emily Olsen 02:31 pm March 3, 2022
Drug discovery startup ArrePath announced Thursday it has raised $20 million in a seed funding round led by the Boehringer Ingelheim Venture Fund, Insight Partners and Innospark Ventures. Other participants in the round include Viva BioInnovator, Arimed Capital, PTX Capital and Nor’easter Ventures. The company, which focuses on developing new types of anti-infective drugs to best antimicrobial...
Businesspeople shaking hands
By  Emily Olsen 01:00 pm March 2, 2022
Digital chronic condition management company DarioHealth has entered into a $30 million strategic partnership with biopharma giant Sanofi to speed adoption of Dario's suite of tools in the U.S. The agreement with the multinational pharma company's U.S. division will focus on "significantly" expanding Dario's sales to health plans and to select employers. The deal also allows the companies to...
A woman with cancer is consulting her doctor.
By  Emily Olsen 11:38 am February 7, 2022
Trialjectory, a startup that matches cancer patients to clinical trials, announced Monday it had raised $20 million in Series A funding. The round was led by Insight Partners, with participation from JAL Ventures, Contour Venture Partners, Rho Capital and TIA Ventures. WHAT IT DOES The company offers an AI-enabled platform where patients can input information about their type of cancer and...
A drone by Redwing Labs carrying medicines
By  Adam Ang 12:15 am January 24, 2022
Digital pharmaceutical marketplace Retailio has tried out drone medicine delivery in collaboration with drone logistics firm Redwing Labs. The pilot programme was conducted in the Chickkaballapur district in Karnataka. With an average speed of 90 kilometres per hour and a payload weight of up to two kilograms, the hybrid VTOL (vertical take-off and landing) drones covered about a 10-km distance...
Pharma, digital
By  Laura Lovett 11:35 am January 21, 2022
The Mark Cuban Cost Plus Drug Company is jumping into the online pharmacy sector, launching a new digital marketplace. The company pitches the digital pharmacy as a way to help consumers find medications for less money.  In November, the company unveiled its pharmacy benefit manager (PBM) operation, which the company says lets them cut out the "middlemen" and price markups in their online...
A chest x-ray showing Qure.ai's technology for breathing tube placement
By  Emily Olsen 01:33 pm January 20, 2022
Qure.ai scored FDA 510(k) clearance for its artificial intelligence algorithm that assists providers in placing breathing tubes. The clearance, which officially came down in late December, is the company's third 510(k). The two previous FDA green lights were regarding its brain CT scan product.  Using chest x-rays, the qXR-BT algorithm can analyze the position of the breathing tube. It automates...
A close up of colleagues looking at financial charts
By  Emily Olsen 02:02 pm January 19, 2022
Wheel, a virtual care staffing and services vendor, raised $150 million in a Series C funding round led by Lightspeed Venture Partners and Tiger Global. Other investors participating in the round include Coatue, Salesforce Ventures, CRV, Tusk Venture Partners and Silverton Partners. The Series C comes less than a year after a $50 million round from May, and brings the company's total raise to $...
Mobile phone view of the WellAway e-pharmacy app
By  Adam Ang 10:00 pm January 13, 2022
Specialty pharmaceutical and consumer healthcare company Hyphens Pharma has formally launched Singapore's first Health Sciences Authority-approved digital pharmacy. WHAT IT DOES Hyphens Pharma is engaged in three business segments: specialty pharma, proprietary brands, and medical hypermart and digital. It has established its presence across major Southeast Asian countries, including Singapore,...
Businesspeople shaking hands
By  Emily Olsen 01:50 pm January 11, 2022
Cityblock Health, a tech-enabled provider startup aimed at the Medicaid and low-income Medicare populations, named Dr. Kameron Matthews as chief health officer.  Matthews comes to Cityblock from the Veterans Health Administration, where she served as chief medical officer. She’s also a cofounder of nonprofit Tour for Diversity in Medicine, which connects aspiring physicians and dentists from...
Female doctor in protective workwear taking nose swab test from middle aged man wearing protective face mask
By  Emily Olsen 02:24 pm January 6, 2022
Diagnostic company Cue Health announced on Thursday that it will create an Omicron-genotyping COVID-19 test. The test will be used in professional care settings to specifically detect the Omicron variant in nasal samples. The work is part of a partnership with HHS’ Biomedical Advanced Research and Development Authority (BARDA).  "An Omicron-specific test will assist clinicians in providing...