Consumer

Two people in a room next to a lot of windows with one in a wheelchair
By  Jessica Hagen 12:39 pm November 15, 2024
Caregiver support platform Homethrive has secured $20 million in its latest funding round, led by Telus Global Ventures and 7wire Ventures.  The company also announced the appointment of Ismat Duckson to its board of directors. Duckson is the chief administrative officer at Kemper Corporation and previously held CHRO roles at Kemper, U.S. Bank, Sears Canada, Sam's Club (Walmart Enterprises) and...
Person sitting at their computer drinking something out of a coffee cup
By  Jessica Hagen 04:51 pm November 13, 2024
Global healthcare AI company Ubie announced its AI-enabled symptom tracker will be integrated into PatientsLikeMe's patient engagement and health management platform to support patients from the first sign of symptoms through the treatment journey.    Ubie offers a free AI-powered symptom checker trained on clinical research papers. The platform is intended to accelerate disease detection and,...
Healthcare provider and patient sitting next to each other while looking at a tablet
By  Jessica Hagen 10:58 am November 13, 2024
The Society of General Internal Medicine released a position statement on generative AI use in healthcare, highlighting the need for clinicians and technologists to partner to enhance genAI decision-making and for healthcare organizations to use the technology but, avoid "the urge to rapidly displace the human clinical workforce with generative AI." The Society says clinicians must remain...
Person on a computer talking and wearing glasses
By  Anthony Vecchione 01:14 pm November 12, 2024
Digital biology company Optic is collaborating with early-stage oncology therapeutics venture, Vindur Tx, to use Optics proprietary generative AI platform to find novel highly selective kinase inhibitors and develop more effective cancer treatments.  Vindur Tx agreed to pay Optic as much as $17.5 million for its proprietary technology to search for new ways of addressing what the company called...
Human cells connected with lines
By  Jessica Hagen 01:51 pm November 11, 2024
Life sciences-focused technology company MGI Tech announced a commercial partnership with Human Cell Atlas, a global consortium working to map every cell type in the human body, to advance worldwide human cell mapping. MGI Tech is a Chinese biotechnology company that offers a high-throughput genome-sequencing machine, genetic sequencers, and other tools and technologies that can be applied to...
Person doing rehabilitation exercises while wearing a headset and standing next to a PT
By  Jessica Hagen 04:22 pm November 6, 2024
Therapeutic extended reality platform XRHealth announced it acquired cognitive training VR platform NeuroReality and its assets, including its main product, Koji's Quest. Boston-based XRHealth offers a catalog of immersive medical extended reality (XR) experiences focused on the physical and cognitive space, including symptom management, meditation exercises, upper extremity rehabilitation,...
Several people sitting in a board room looking at one person standing up
By  Jessica Hagen 02:54 pm November 5, 2024
Direct-to-consumer virtual care company Hims & Hers Health reported a 77% year-over-year increase in revenue from $226.7 million in the third quarter of 2023 to $401.6 million in Q3 2024.  The San Francisco-based company reported a net income for the third quarter of $75.6 million compared to a net loss of $7.6 million in the same period last year. It attributes the net income in Q3 to a $60....
Group of people sitting in a room in a circle
By  Jessica Hagen 11:00 am November 5, 2024
Recovery.com, a marketplace-style platform for patients and mental health professionals, has garnered $5 million in funding from Jason Krantz, the founder and executive chairman of data analytics company Definitive Healthcare. The recent funding brings Krantz's total investment in the company to $15 million. He will join Recovery.com's board of directors.  "Recovery.com is a company I cofounded...