Investing
This comes roughly a year after Walgreens pledged to invest $1 billion in equity and convertible debt in VillageMD over a three-year time frame.
Also: Pre-conception genetic-testing startup Orchid completes seed round, and Canvas Medical scores $17M for its physician practice platform.
Funding will be used to gain in-human data for startup’s OxiFlow brain haemorrhage solution.
The deal is expected to close this summer, subject to stockholder approval, and will raise $113 million for the combined company.
The company designed a tool to automate bills and give patients additional insights to their charges.
The funds will be used to develop the firm’s non-invasive blood sensing technology.
Rock Health reports $6.7 billion in digital health funding in Q1, a majority of which comes from rounds worth more than $100 million.
MobiHealthNews reported on 99 digital health fundings in Q1.
Digital therapeutics startup Dthera Sciences was sunk by Alzheimer's drug failures, CMS reimbursemen
Former CEO Ed Cox tells the story of Dthera Sciences and outlines how the digital therapeutics landscape has shifted since his company's heyday.