The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using the form at the bottom of this page to ensure you don’t miss out on the most important healthtech news every week!
MolecuLight receives $7.5 million USD loan from Oxford Finance(BETAKIT)
Toronto-based MolecuLight, which develops fluorescence-guided imaging for visualizing bacteria of chronic wounds, has received a $7.5 million USD loan from Oxford Finance.
UK’s health data guardian sets a firm line for app development using patient data(TECHCRUNCH)
In fall 2015 the Royal Free NHS Trust and DeepMind signed a data-sharing agreement which saw the medical records of 1.6 million people quietly passed to the AI company without patients being asked for their consent.
Health insurance startup raises series A ahead of expansion beyond China(TECHINASIA)
While China has universal basic healthcare in name, the emphasis is on basic.
Canadian biotech company Chinook Therapeutics raises $65M for rare kidney disease therapies(GEEKWIRE)
The company is creating precision medicines for rare and severe kidney disorders. Chinook said it was looking at the “underlying biology” of the diseases to develop new therapies.
League partners with Vector Institute to improve platform’s AI capabilities(BETAKIT)
Toronto-based League and the Vector Institute have partnered to offer resources in an effort to accelerate the development of machine learning and employee healthcare.
Health Canada backlogs risk stalling Canadian cannabis research, says prof(CBC)
Canada should be leading cannabis research worldwide, says University of Guelph’s Mike Dixon.
The CareVoice raises $10 million to develop better tech for insurance providers in Asia(TECHCRUNCH)
The CareVoice, a Shanghai-based health insurance software startup with ambitions to expand throughout Asia, announced that it has raised about $10 million in Series A funding.
Aperiomics just closed a $1.8M Series A(TECHNICAL)
Aperiomics continues to scale with the announcement of a major funding raise.
LATEST HEALTHTECH GRANT OPPORTUNITIES
3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.
CAN – CIHR Catalyst Grant: Addressing Musculoskeletal Conditions and Arthritis in Canadians (read more)
CAN – CIHR Inuit Research Network Development Grant (read more)
CAN – CIHR Netherlands-Canada Type 2 Diabetes Consortium – Travel Award (read more)