November 29, 2024
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Tempus AI makes IPO debut, valuing the precision medicine startup at $6 billion
Nickie Louise Posted On June 14, 2024


After years of anticipation, AI-driven precision medicine startup Tempus AI is finally making its debut on the U.S. market. Backed by heavyweights like Google and SoftBank Group, Tempus AI has set the price of its initial public offering (IPO) at […]


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Software bug in insulin pump app linked to injury of over 200 people; FDA issues urgent recall
Daniel Levi Posted On May 9, 2024


A software glitch in the widely used insulin pump iOS mobile app, t:connect, has been linked to more than 200 injuries, prompting the US Food and Drug Administration (FDA) to issue a critical recall. This mobile app is used to […]


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Novo Nordisk parent to invest $200 million in quantum computing startups
Nickie Louise Posted On May 1, 2024


In a move signaling a significant leap for life sciences, Novo Holdings, the parent company of Danish pharmaceutical giant Novo Nordisk, has announced a multi-million investment in quantum computing. Novo Holdings announced on Wednesday it planned to invest around $200 […]


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HealthTech startup Tennr raises $18M series A funding led by a16z to fix fax machines for healthcare using AI
Daniel Levi Posted On March 26, 2024


Fax machines, often considered relics of a bygone era, continue to pulse with life in the modern healthcare landscape, processing a staggering 9 billion transactions annually. Despite the rise of telephones and the internet, the healthcare sector clings to fax […]


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Surgeons Get AI Assists: Nvidia and Johnson & Johnson team up to develop new AI applications for surgery
Nickie Louise Posted On March 19, 2024


The operating room is about to get a high-tech upgrade. Johnson & Johnson MedTech and Nvidia are joining forces to develop artificial intelligence (AI) applications tailored for J&J’s digital surgery ecosystem. Their joint effort aims to usher in a new […]


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Brain Breakthrough: First Neuralink patient controls mouse with thoughts, Musk says
Nickie Louise Posted On February 20, 2024


Less than a month after the first human received a brain implant from Neuralink, company founder and CEO Elon Musk revealed on Tuesday that the recipient can now manipulate a computer mouse solely through their thoughts. During a live session on […]


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The rise and fall of 23andMe: How DNA testing startup 23andMe went from $6 billion valuation to penny stock
Daniel Levi Posted On February 14, 2024


23andMe, a genetic testing company that was once riding high with a valuation, is now fighting for its survival. Only a short while back, 23andMe stood out as one of Silicon Valley’s most promising startups. However, the DNA testing firm […]


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Patientory Wallet launches telehealth service for GLP-1, raises additional funding
Nickie Louise Posted On February 7, 2024


Over the past decade, the United States has been actively contending with obesity rates, with almost 40% of US adults being obese and a further 31.5% being overweight. To combat rising rates and promote healthier lifestyles, Patientory – a telehealth […]


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Scotland-based tech startup Carcinotech raises £4.2M to advance cancer treatment with 3D-printed tumors
Nickie Louise Posted On January 29, 2024


Carcinotech, an Edinburgh-based startup Carcinotech specializing in 3D printed micro-tumors, has secured £4.2 million in funding to expand operations, intensify research and development efforts, and facilitate the company’s entry into the US market later this year. The round was led […]


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Apple Watch import ban temporarily lifted by appeals court
Nickie Louise Posted On December 27, 2023


Apple secured a win in the legal battle over a blood oxygen sensor patent on Wednesday after a U.S. appeals court temporarily lifted the import ban imposed by a government commission on certain Apple smartwatches due to a patent dispute […]


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The United States spent $4.5 trillion on healthcare in 2022, more than 6 European countries combined
Daniel Levi Posted On December 21, 2023


The United States has the highest costs of healthcare in the world. In 2021, the country spent $4.3 trillion on healthcare, translating to an average of around $12,900 per person. But the situation is not getting any better. In 2022, […]


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HealthTech startup Patientory partners with WIVA in a capital raise to democratize access to healthcare data
Nickie Louise Posted On December 15, 2023


About 40% of adults in the United States grapple with chronic illnesses, regularly navigating various facets of the country’s healthcare system, according to data from the National Association of Chronic Disease Directors. This results in their health records being scattered […]


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SmileDirectClub, a telehealth startup once valued at $8.9 billion, shuts down after bankruptcy
Daniel Levi Posted On December 11, 2023


SmileDirectClub has become the latest casualty in what some are calling a startup Mass Extinction Event. The telehealth company, which aimed to revolutionize traditional orthodontics, announced on Friday that it was shutting down operations, just three months after filing for […]


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Canadian scientists discover previously undisclosed SV40 DNA sequence in Pfizer’s COVID-19 vaccine
Daniel Levi Posted On December 4, 2023


Health Canada has confirmed the presence of a Simian Virus 40 (SV40) DNA sequence in the Pfizer COVID-19 vaccine, which was not previously disclosed by the manufacturer during the filing process, The Epoch Times wrote in an exclusive report. According […]


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HealthTech startup Clayful raises $7M to connect students to mental health experts within 60 seconds
Daniel Levi Posted On November 30, 2023


The mental health crisis sweeping across America isn’t sparing anyone, impacting both adults and students alike. In recent years, we have also seen a worrying rise in mental health issues among young individuals, marking what many are calling a pediatric […]


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Neuralink, Elon Musk’s brain-chip startup, quietly raises $43M in additional funding
Daniel Levi Posted On November 25, 2023


Neuralink, a brain implant startup founded by Elon Musk, has raised $43 million in additional funding, according to a recent filing with the Securities and Exchange Commission (SEC). The startup is developing implantable wireless chips that can read brain waves and […]


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Health AI startup Cercle launches with backing from Sheryl Sandberg to advance women’s healthcare
Nickie Louise Posted On November 8, 2023


Cercle, a new artificial intelligence (AI) health tech startup, today announced its official launch to advance women’s healthcare, with emphasis on fertility care, an area that historically lacks sufficient funding and research. In addition to the launch, Cercle also announced […]


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23andMe to give drugmakers non-exclusive access to consumer DNA data
Daniel Levi Posted On November 1, 2023


In a recent development that may raise serious concerns among privacy advocates, drugmakers are set to gain non-exclusive access to 23andMe consumer genetic data in exchange for millions of dollars paid to the genetic company. The news comes just a […]


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Signos raises $20M to expand its reach in the growing weight loss market, riding the wave of Ozempic’s popularity
Nickie Louise Posted On October 24, 2023


Wearable tech startup Signos announced on Tuesday it closed a $20 million funding to respond to the obesity and metabolic health crisis spreading across the United States, capitalizing on Ozempic’s momentum. The round was led by Cheyenne Ventures and GV, formerly […]


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Rite Aid files for bankruptcy as drugstores face existential crisis from online retailers like Amazon
Nickie Louise Posted On October 16, 2023


Rite Aid has filed for bankruptcy. The 61-year-old drugstore chain with over 2,000 locations across the US, filed for Chapter 11 bankruptcy protection in New Jersey on Sunday. The move was part of the company’s efforts to restructure and significantly […]


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