Owkin, a predictive analytics company that aims to accelerates drug discovery and development, just landed $11 million in Series A funding. The round was led by Otium Venture with participation from Cathay Innovation, Plug and Play, and NJF Capital. This announcement brings the company’s total funding to $13.1 million.
“I am proud of the substantial progress OWKIN has made over the last year,...
Cambridge, Massachusetts-based GNS Healthcare, which has developed an analytics tool for precision medicine and population health, raised $10 million from Celgene Corporation, Alexandria Real Estate Equities, and Gi Global Health Fund. Existing investors Cambia Health Solutions, Heritage Provider Network, and Mitsui USA, the US subsidiary of Japan’s Mitsui & Co, also participated. This brings...
(Left to Right) Gienna Shaw, Virend Somers, Alain Labrique, Alan Snell, Frances Dare, and Craig Kaiser.
Most discussions about remote monitoring these days focus on its potential to reduce hospital readmissions, lead to earlier preventive care, and reap cost savings. The pressure is beginning to build as Medicare penalties for preventable readmissions have recently begun to take effect. Now...