Munich-based venture capital firm Wellington Partners has closed its largest life sciences fund to date, at €210m, it was announced last week.
German insurance company Talanx, KfW Capital, a subsidiary of KfW Group bringing together 20 VC experts, and the University of Texas/Texas A&M Investment Company participated in the fund, along with the European Investment Fund and European Investment...
The Saudi Arabian crown prince plans to invest in the NHS chatbot maker Babylon Health through the Public Investment Fund, it was announced last week.
The backing is part of a $550m Series C round that, according to TechCrunch and others, puts the company at a valuation of more than $2bn.
WHY IT MATTERS
This investment is part of Babylon Health’s recent fundraising to expand in North America, the...
IPO fever is hitting a bit of a frenzy amidst a slew of recent listings, and with it has come a renewed focus on the exact boundaries of digital health — or, alternately, of health-tech, connected health, eHealth, or any of the other myriad monikers for the intersections of healthcare, technology and innovation.
As observers from various mainstream and niche industries have flocked to discuss ...
ANDHealth, an Australian organisation dedicated to supporting digital health companies in their commercialisation journey, has partnered with a consortium of leading medical research institutes and universities in Western Australia (WA), led by the Telethon Kids Institute, as part of the State’s first Digital Health Accelerator Program.
Under the new partnership, ANDHealth will deliver its BRIGHT...
Last week, Santosh Mohan, managing director of the Brigham Digital Innovation Hub, cautioned during an Enterprise Insights Series event in Boston that the digital health market was still in its “early days”, with many expectations unfulfilled as of yet.
“I want to say we are not in an investment bubble. I think the digital health solutions have started to show value and we are moving beyond...
Express Scripts will be releasing a stand-alone formulary in 2020 that highlights vetted digital health tools for the pharmacy benefit management firm’s payer and consumer customers, according to an announcement released this morning.
The company said that it will be treating the new formulary in much the same way it would a similar resource for traditional medications. To be included, a digital...
About the author: Joe Slavinsky leads business development efforts with pharmaceutical, biotechnology and medical technology companies in his VP position at Propeller Health. A former epidemiologist, he worked at a hedge fund (Citadel) and an investment bank (Thomas Weisel Partners) as an equity research analyst covering small/mid-cap biotechnology companies. Joe joined Propeller from Gilead...
Industry disruption by digital players is a major threat to the health insurance industry, but insurers themselves seem to be more dazzled by the oncoming glare than galvanised behind comprehensive strategies and best-practice development frameworks for digitising their businesses.
While there is a general cohesion around CRM and the customer experience, the deeper benefits of digitisation –...
The American Medical Association has always had an interesting relationship with digital health, vacillating between gadfly and cheerleader as it seeks to fulfill its role as the voice of physicians in industry conversations.
At the Cleveland Clinic Patient Experience: Empathy and Innovation Summit, an event held in Cleveland this week and organized in conjunction with HIMSS, AMA Board Chair Dr....
A randomized controlled trial recently published in npj Digital Medicine found Kaia Health’s app-based exercise therapy for lower back pain (LBP) to be an effective treatment for multidisciplinary patients, and could be more effective than a standard strategy of individual physiotherapy sessions paired with online education.
TOPLINE DATA
In the investigation — which was sponsored by Kaia Health...
