Startups Coverage - MedCity News https://medcitynews.com/category/channel/startup-channel/ Healthcare technology news, life science current events Fri, 14 Jun 2024 20:56:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 228111745 Wheel’s New AI Platform Seeks to Power the New Era of Virtual Care https://medcitynews.com/2024/06/virtual-care-telehealth/ https://medcitynews.com/2024/06/virtual-care-telehealth/#respond Fri, 14 Jun 2024 19:29:31 +0000 https://medcitynews.com/?p=127276

This week, Wheel rolled out a new AI-powered platform designed to provide patients with more holistic and seamless virtual care journeys. The platform, called Horizon, aims to help the startup’s customers rapidly scale virtual care programs to meet growing patient demand.

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Why Is Moon Surgical’s New Commercial Robot System Important? https://medcitynews.com/2024/06/robotics-surgery-fda-healthcare/ https://medcitynews.com/2024/06/robotics-surgery-fda-healthcare/#respond Wed, 12 Jun 2024 19:25:44 +0000 https://medcitynews.com/?p=127223

This month, Moon Surgical received FDA clearance for the commercial version of its Maestro surgical robot system. The system is designed to support surgeons and other operating room staff, specifically for the 18.8 million annual soft tissue surgical procedures not currently supported by available telerobotic systems.

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New Startup Launches to Reduce Medical Practices’ HR Burden https://medcitynews.com/2024/06/healthcare-human-resources-employer/ https://medcitynews.com/2024/06/healthcare-human-resources-employer/#respond Mon, 10 Jun 2024 19:35:56 +0000 https://medcitynews.com/?p=127159

Stitch PEO — a startup built at Redesign Health — officially launched and announced that it has raised $8.75 million in seed funding. The company is a professional employer organization for independent medical practices, designed to improve recruiting, hiring, onboarding, and other human resources processes.

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INVEST Pitch Perfect Spotlight: CoraVie Medical’s Mission to Transform the Way We Monitor Blood Pressure https://medcitynews.com/2024/06/blood-pressure-hypertension-medical-device-healthcare-startup/ https://medcitynews.com/2024/06/blood-pressure-hypertension-medical-device-healthcare-startup/#respond Wed, 05 Jun 2024 21:59:40 +0000 https://medcitynews.com/?p=127008

CoraVie Medical, a startup developing an implantable continuous blood pressure monitor, recently won the medical devices track of MedCity News’ INVEST Pitch Perfect contest. The pre-revenue company’s remote management solution monitors for the early detection of dangerous blood pressure levels to prevent crises that could lead to heart attack, stroke, kidney failure or death.

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To All Pediatric and Teen Mental Health Startups Seeking Investors: Apply for MedCity’s Pitch Perfect Contest! https://medcitynews.com/2024/06/mental-health-pediatric-investors-healthcare/ https://medcitynews.com/2024/06/mental-health-pediatric-investors-healthcare/#respond Mon, 03 Jun 2024 17:46:44 +0000 https://medcitynews.com/?p=126778

The contest — which will include startup focusing on pediatric and teen behavioral health — will take place at Pegasus Park in Dallas on September 18. The deadline to submit applications is July 10, so apply today!

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Healthcare Moves: A Monthly Summary of Hires and Layoffs https://medcitynews.com/2024/05/healthcare-executive-hire-layoffs-2/ https://medcitynews.com/2024/05/healthcare-executive-hire-layoffs-2/#respond Fri, 31 May 2024 14:55:31 +0000 https://medcitynews.com/?p=126795

Here is a selection of recent executive hires, promotions, retirements and layoffs occurring across the healthcare industry.

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CinRx Pharma Corrals $73M to Continue ‘Hub and Spoke’ Model of Startup Formation https://medcitynews.com/2024/05/cinrx-pharma-startup-creation-funding-cincor/ https://medcitynews.com/2024/05/cinrx-pharma-startup-creation-funding-cincor/#respond Thu, 30 May 2024 16:49:53 +0000 https://medcitynews.com/?p=126773

CinRx Pharma’s most prominent spinout is CinCor Pharma, which was acquired by AstraZeneca last year. The startup creator will apply its new capital toward current programs and to expand to additional areas of unmet medical need.

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Merck Sees Pipeline Diversification Opportunity in $1.3B EyeBio Acquisition https://medcitynews.com/2024/05/merck-acquisition-eyebio-diabetic-macular-edema/ https://medcitynews.com/2024/05/merck-acquisition-eyebio-diabetic-macular-edema/#respond Wed, 29 May 2024 16:43:36 +0000 https://medcitynews.com/?p=126724

Merck’s EyeBio acquisition brings a lead program ready for pivotal testing in diabetic macular edema. The therapy could pose competition to Eylea, the blockbuster Regeneron Pharmaceuticals eye drug.

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Canadian Women’s Health Medtech Startup Wins Over Audience at MedCity INVEST https://medcitynews.com/2024/05/canadian-womens-health-medtech-startup-wins-over-audience-at-medcity-invest/ https://medcitynews.com/2024/05/canadian-womens-health-medtech-startup-wins-over-audience-at-medcity-invest/#respond Thu, 23 May 2024 10:07:27 +0000 https://medcitynews.com/?p=126549

Fem Therapeutics won the audience choice award in the Canadian PItch contest at MedCity INVEST in Chicago this week. It competed with Reach Orthopaedics , PragmaClin Research, and OPTT Health.

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4 Things Digital Health Investors Need To Get Off Their Chest https://medcitynews.com/2024/05/digital-health-investors-3/ https://medcitynews.com/2024/05/digital-health-investors-3/#respond Wed, 22 May 2024 04:50:40 +0000 https://medcitynews.com/?p=126496

During a panel at MedCity News’ INVEST conference, venture capitalists shared some of their takes on today’s healthcare funding landscape — including their thoughts on AI and the industry’s slower investment pace.

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Centivo Acquires a Primary Care Startup, Despite Others Fleeing the Space https://medcitynews.com/2024/05/centivo-acquisition-primary-care/ https://medcitynews.com/2024/05/centivo-acquisition-primary-care/#respond Mon, 20 May 2024 20:20:06 +0000 https://medcitynews.com/?p=126462

Centivo, a health plan that sells to self-funded employers, acquired virtual-first primary care startup Eden Health. With this acquisition, Centivo now serves more than 160 employers in all 50 states.

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Saint Luke’s, Story Health Roll Out New AFib Program https://medcitynews.com/2024/05/afib-cardiology-healthcare/ https://medcitynews.com/2024/05/afib-cardiology-healthcare/#respond Sun, 19 May 2024 17:37:35 +0000 https://medcitynews.com/?p=126433

Saint Luke’s Mid America Heart Institute launched a new solution on its care platform to help patients who have AFib or are at risk of developing the condition. The program, which was developed with digital health startup Story Health, seeks to engage patients between clinic visits.

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Watershed Health Raises $14M For Its Care Coordination Platform https://medcitynews.com/2024/05/healthcare-startup-2/ https://medcitynews.com/2024/05/healthcare-startup-2/#respond Fri, 17 May 2024 19:25:34 +0000 https://medcitynews.com/?p=126415

Watershed Health closed a $13.6 million funding round this week. The New Orleans-based company seeks to improve care coordination by connecting providers of all types across the healthcare system.

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J&J Joins Chase for Hot Immunology Target With $850M Proteologix Acquisition https://medcitynews.com/2024/05/jnj-acquisition-immunology-asthma-eczema-proteologix/ https://medcitynews.com/2024/05/jnj-acquisition-immunology-asthma-eczema-proteologix/#respond Thu, 16 May 2024 16:43:00 +0000 https://medcitynews.com/?p=126347

Johnson & Johnson’s Proteologix acquisition adds a pipeline of bispecific antibodies, including an experimental treatment for asthma and atopic dermatitis. It’s the latest M&A deal involving molecules addressing TSLP, a key signaling protein involved in inflammation.

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Blackstone Unveils Immunology Startup With $300M and a Phase 2-Ready Drug From Merck https://medcitynews.com/2024/05/blackstone-life-sciences-immunology-inflammation-asthma-copd-startup-uniquity/ https://medcitynews.com/2024/05/blackstone-life-sciences-immunology-inflammation-asthma-copd-startup-uniquity/#respond Wed, 15 May 2024 16:42:55 +0000 https://medcitynews.com/?p=126317

Blackstone Life Sciences startup Uniquity Bio emerged from stealth with an in-licensed drug candidate that could treat a wide range of immunology and inflammation indications. The antibody’s target puts it in competition with drugs from AstraZeneca, Pfizer, and Sanofi.

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SmarterDx Rakes In $50M For Its AI That Helps Hospitals Capture More Revenue https://medcitynews.com/2024/05/healthcare-ai-revenue/ https://medcitynews.com/2024/05/healthcare-ai-revenue/#respond Wed, 15 May 2024 01:32:24 +0000 https://medcitynews.com/?p=126302

SmarterDx — an AI startup that provides clinical review and quality audits for medical claims — closed a $50 million Series B funding round, bringing its total funding to date to $71 million.

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How Millie Partners with Health Systems to Expand Access to Midwifery https://medcitynews.com/2024/05/healthcare-maternity-pregnancy-midwife/ https://medcitynews.com/2024/05/healthcare-maternity-pregnancy-midwife/#respond Mon, 13 May 2024 18:49:13 +0000 https://medcitynews.com/?p=126236

As more hospitals across the country shut down their maternity wards, a Sutter Health-owned hospital in Berkeley has taken proactive steps to ensure it can continue providing care for the pregnant people in its community. The hospital partnered with Millie, a Berkeley-based startup offering hybrid maternal care from midwives and doulas.

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Healthcare Investment Trends Take Center Stage at MedCity INVEST https://medcitynews.com/2024/05/healthcare-investment-trends-take-center-stage-at-medcity-invest/ https://medcitynews.com/2024/05/healthcare-investment-trends-take-center-stage-at-medcity-invest/#respond Mon, 13 May 2024 11:53:55 +0000 https://medcitynews.com/?p=126214

The boutique healthcare investment conference in Chicago is scheduled for May 21-22. Space is limited so register today!

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Lycia Therapeutics Lands $106M for Protein Degraders That Treat Autoimmune & Inflammatory Diseases https://medcitynews.com/2024/05/lycia-therapeutics-lands-106m-for-protein-degraders-that-treat-autoimmune-inflammatory-diseases/ https://medcitynews.com/2024/05/lycia-therapeutics-lands-106m-for-protein-degraders-that-treat-autoimmune-inflammatory-diseases/#respond Mon, 13 May 2024 11:00:00 +0000 https://medcitynews.com/?p=126195

Eli Lilly-partnered Lycia Therapeutics will use its Series C financing to continue developing its internal pipeline of protein-degrading drugs. The startup is working to reach the clinic with drugs for autoimmune and inflammatory disorders.

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StartUPDATES: New Developments from Healthcare Startups https://medcitynews.com/2024/05/startupdates-new-developments-from-healthcare-startups-93/ https://medcitynews.com/2024/05/startupdates-new-developments-from-healthcare-startups-93/#respond Fri, 10 May 2024 11:22:26 +0000 https://medcitynews.com/?p=126124

Check out news from Alpha Sophia, Triomics, In-House Health, and Humanaut Health.

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Pepper Bio’s ‘Google Maps for Drug Discovery’ Finds Way to Potential New Liver Cancer Drug https://medcitynews.com/2024/05/liver-cancer-drug-g1-therapeutics-lerociclib-pepper-bio-omics-startup/ https://medcitynews.com/2024/05/liver-cancer-drug-g1-therapeutics-lerociclib-pepper-bio-omics-startup/#respond Thu, 02 May 2024 00:08:24 +0000 https://medcitynews.com/?p=125924

Pepper Bio has licensed rights to lerociclib, a molecule that G1 Therapeutics designed to offer dosing and safety advantages over approved therapies in the same drug class. EQRx previously held rights to the drug, but returned them after the company was acquired last year.

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Healthcare Moves: A Monthly Summary of Hires and Layoffs https://medcitynews.com/2024/04/healthcare-executive-layoffs-4/ https://medcitynews.com/2024/04/healthcare-executive-layoffs-4/#respond Tue, 30 Apr 2024 22:31:09 +0000 https://medcitynews.com/?p=125895

Here is a selection of recent executive hires, promotions and layoffs occurring across the healthcare industry.

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J.P. Morgan Leads $100M Financing for Startup’s R&D of Covalent Biologic Drugs for Cancer https://medcitynews.com/2024/04/j-p-morgan-covalent-biologic-startup-cancer-enlaza-therapeutics/ https://medcitynews.com/2024/04/j-p-morgan-covalent-biologic-startup-cancer-enlaza-therapeutics/#respond Tue, 30 Apr 2024 16:52:41 +0000 https://medcitynews.com/?p=125860

Enlaza Therapeutics’ drugs form covalent bonds that lock the therapy onto its target. With cancer as its initial focus, the startup contends its approach could offer safety and efficacy advantages compared to currently available targeted therapies.

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Four Innovative Canadian Medtech Startups to Watch at MedCity INVEST https://medcitynews.com/2024/04/four-innovative-canadian-medtech-startups-to-watch-at-medcity-invest/ https://medcitynews.com/2024/04/four-innovative-canadian-medtech-startups-to-watch-at-medcity-invest/#respond Tue, 30 Apr 2024 11:15:00 +0000 https://medcitynews.com/?p=125694

The group of four healthcare startups spans women’s health, orthopedics, remote patient monitoring for Parkinson’s disease, AI, and 3D printing. David Kereiakes, Managing Partner, Windham Venture Partners will moderate the session.

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An Overview of the Nation’s Largest SEED Fund https://medcitynews.com/2024/04/an-oveview-of-the-nations-largest-seed-fund/ https://medcitynews.com/2024/04/an-oveview-of-the-nations-largest-seed-fund/#respond Mon, 29 Apr 2024 11:30:00 +0000 https://medcitynews.com/?p=125686

Eligible small businesses may receive millions of non-dilutive dollars from NIH’s Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR) programs. Funding comes in tranches, from $300,000 – $4 million, based upon the stage of development and likelihood of the end product “moving the needle” in healthcare.

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StartUPDATES: New Developments from Healthcare Startups https://medcitynews.com/2024/04/startupdates-new-developments-from-healthcare-startups-92/ https://medcitynews.com/2024/04/startupdates-new-developments-from-healthcare-startups-92/#respond Fri, 26 Apr 2024 11:30:00 +0000 https://medcitynews.com/?p=125616

Check out news from Alpha Sophia, Handl Health, Alaffia Health, and Summer Health

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Regeneron Bets $100M That Mammoth’s CRISPR Tech Can Deliver on Next Wave of Genetic Medicines https://medcitynews.com/2024/04/regeneron-mammoth-biosciences-genetic-medicines-crispr-in-vivo-editing/ https://medcitynews.com/2024/04/regeneron-mammoth-biosciences-genetic-medicines-crispr-in-vivo-editing/#respond Thu, 25 Apr 2024 18:06:05 +0000 https://medcitynews.com/?p=125635

Regeneron Pharmaceuticals is collaborating with CRISPR technologies startup Mammoth Biosciences to develop in vivo gene-editing therapies. The deal marks the third pharmaceutical industry partnership for Mammoth, which initially focused on developing CRISPR-based diagnostics.

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Takeda, Astellas & Sumitomo Mitsui Form Joint Venture to Lift Japanese Innovation From ‘Valley of Death’ https://medcitynews.com/2024/04/takeda-astellas-sumitomo-mitsui-joint-venture-japanese-life-sciences-innovation-startups/ https://medcitynews.com/2024/04/takeda-astellas-sumitomo-mitsui-joint-venture-japanese-life-sciences-innovation-startups/#respond Mon, 22 Apr 2024 22:43:17 +0000 https://medcitynews.com/?p=125453

Two Japanese pharmaceutical companies and a bank are teaming up to form a joint venture to advance therapeutic discoveries from academia. The focus will be innovation from universities in Japan.

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Which Medtech Startups Will Take Part in the MedCity INVEST Pitch Perfect Contest? https://medcitynews.com/2024/04/which-medtech-startups-will-take-part-in-the-medcity-invest-pitch-perfect-contest/ https://medcitynews.com/2024/04/which-medtech-startups-will-take-part-in-the-medcity-invest-pitch-perfect-contest/#respond Mon, 22 Apr 2024 20:25:30 +0000 https://medcitynews.com/?p=125442

The diagnostics/medical device track focuses on cardiology this year.

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Ilant Health Raises Extended Seed Round of $5.5M for Obesity Management Platform https://medcitynews.com/2024/04/ilant-health-raises-extended-seed-round-of-5-5m-for-obesity-management-platform/ https://medcitynews.com/2024/04/ilant-health-raises-extended-seed-round-of-5-5m-for-obesity-management-platform/#respond Fri, 19 Apr 2024 16:49:41 +0000 https://medcitynews.com/?p=125338

Ilant Health extended its seed round from $3 million to $5.5 million. The company garnered interest from LifeX Ventures, Celtic House Asia Partners and Cornucopian Capital.

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