Life Sciences

Person sitting at a computer
By  Jessica Hagen 04:27 pm January 12, 2024
Google's video platform YouTube Health announced today it is making step-by-step videos pertaining to first aid and emergency care by reliable healthcare organizations the top search results when users are seeking first aid-related information.  The "first aid information shelves" will include videos in English and Spanish about choking/Heimlich, bleeding, CPR, seizure, stroke, opioid overdose ...
Healthcare providers standing in the hallway of a hospital looking at a tablet
By  Jessica Hagen 02:30 pm January 11, 2024
Harbor Health, a Texas-based primary care clinic group that offers virtual and in-person care, announced it scored $95.5 million in funding, led by General Catalyst, with participation from Alta Partners and 8VC.  The investment brings the company's total raise to more than $128 million.  The funds will be used to grow its services and expand its specialty care offerings, including designing...
Person at a pharmacy handing a pharmacist a piece of paper
By  Jessica Hagen 12:56 pm January 11, 2024
An antitrust lawsuit has been filed against Cigna-owned online pharmacy and pharmacy benefit manager (PBM) Express Scripts by several community, independent pharmacies. The suit alleges the company teamed with rival PBMs to fix pharmaceutical reimbursement rates and fees and collect a portion of the revenue. PBMs manage pharmacy benefits for healthcare plans, and can negotiate prescription prices...
Close up of a person's hands holding a tablet
By  Jessica Hagen 03:02 pm January 9, 2024
At the JPM Healthcare Conference in San Francisco, Amazon announced the launch of its new Health Condition Programs, which allow customers to tap into digital health benefits offered through their employer or insurance carrier, with chronic care management company Omada Health as the company's launch partner.  Amazon aims to help individuals access digital health tools that can help them manage...
Person smiling while in their home and holding a phone with boxes around them
By  Jessica Hagen 01:16 pm January 4, 2024
Pharma giant Lilly announced the launch of a digital health experience dubbed LillyDirect, which offers patients with diabetes, obesity and migraines access to healthcare providers, educational information and a digital pharmacy for select Lilly medicines. The platform includes LillyDirect Pharmacy Solutions, which allows patients to order Lilly's drugs via a third-party online pharmacy...
Two individuals shaking hands in front of a window while six other people watch
By  Jessica Hagen 01:13 pm January 2, 2024
Diagnostics company LumiraDx announced it signed an agreement to sell its point-of-care technology to pharma giant Roche for $295 million, with an additional payment of $55 million to fund the platform until the acquisition closes.  LumiraDx developed a diagnostic testing system that uses a small, portable instrument and microfluidic test strips to perform multiple lab-quality tests via a single...
Healthcare provider standing against a wall and looking at something in their hand
By  Jessica Hagen 04:24 pm December 27, 2023
Executives in the digital health space shared with MobiHealthNews the most notable events in healthcare in 2023, including generative AI moving into the mainstream, the rise of ChatGPT, the fall of Silicon Valley Bank and Medicaid disenrollment. Matthew Stoudt, cofounder and CEO of AppliedVR "Silicon Valley Bank was the clear Black Swan event of 2023 and sent a shockwave through the entire system...
Sehat Kahani co-founder Dr Sara Saeed Khurram (center) together with Series A funding round investors
By  Adam Ang 10:44 pm December 25, 2023
Pakistani telemedicine startup Sehat Kahani has gained $2.7 million in a Series A funding round led by the health tech fund Amaanah Circle from Singapore.  Epic Angels, Cross Fund, USAID Investment Promotion Activity,  Augmentor, Impact Investment Exchange and the Elahi Group of Companies also participated in the funding round.  WHAT IT DOES Founded in 2017 by two women doctors, Dr Sara Saeed...
Business people closing a deal after a meeting
By  Adam Ang 12:48 pm December 22, 2023
Indian AI drug discovery firm gets $1M to focus on rare diseases Peptris Technologies from Bangalore, India has received $1 million in pre-seed funding in a round led by Speciale Invest. In a statement, the AI-driven drug discovery company said it will use its fresh funds to expand its research scope to cover rare diseases, adding to its existing work in cancer and inflammation.  Cipla raises...
Healthcare provider wearing scrubs and a face mask while looking at a computer screen
By  Jessica Hagen 02:26 pm December 19, 2023
LUMA Vision, maker of a 4D cardiac imaging and navigation platform that uses machine learning, announced it secured $22 million in Series A3 financing.  The round was led by existing investors ABV Uni Fund, imec.xpand and EQT Lifesciences, and included new investors Bayern Kapital, Atlantic Bridge Growth Fund and an undisclosed strategic investor.  WHAT IT DOES LUMA, which spun out of Trinity...