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!
US private equity firms make $300 million CAD strategic investment in Fullscript (BETAKIT)
Fullscript said the HGGC and Snapdragon investment is designed to help it expand its platform “across the patient treatment lifecycle.”
Meet the bank you’ve been searching for.
For nearly 40 years, Silicon Valley Bank has helped many leading innovators get their start. Our community of VCs, investors, and startup experts offers the global expertise entrepreneurs need when growing their business.
Learn more about how SVB can help your business reach the next stage!
Healthtech startup Color raises $100M at a $4.6B valuation (TECHCRUNCH)
Color’s software and infrastructure provide tools for preventative health and infectious disease management by making healthcare programs more accessible.
Market Watch: Well, Lifespeak revenues climb in the third quarter of 2021 (BETAKIT)
A couple of medtech companies are experiencing a strong third quarter.
Truveta’s health data platform launches with $200M, insights on COVID breakthrough infections (FIERCE HEALTHCARE)
Created earlier this year, the company is backed by 20 health systems including big names like Tenet Health, Providence and CommonSpirit Health, representing more than 16% of patient care in the U.S.
Dialogue Health announces record revenues in its third quarter, 2021 (BETAKIT)
The health and wellness virtual healthcare startup announced its third quarter, 2021 results on November 9.
TPG-backed PharmEasy owner files for $843 million India IPO (BNN BLOOMBERG)
India is seeing a record year for first-time share sales, with $12.3 billion raised so far, overtaking every other full-year tally, data compiled by Bloomberg show.
HugOps: how to get developer and security teams working together (BETAKIT)
Cybersecurity leaders from Microsoft Canada, GitHub, and Ammolite Analytx join a recent BetaKit Live panel to discuss what’s causing the disconnect between developers and security.
Think Research acquires assets of Ireland-based healthtech competitor Pharmapod (BETAKIT)
According to Think Research, its acquisition of Pharmapod will build on the current reach of the former’s electronic data capture solutions and client base.
Augmedix makes Nasdaq debut in $40M IPO (MOBIHEALTHNEWS)
This IPO comes roughly a year after the company closed a $25 million SPAC.
Communitech, CAN Health partnering to address barriers to healthtech procurement (BETAKIT)
Communitech and CAN Health describe the deal as “the first of its kind” in Canada, and are aiming to foster growth for tech companies by connecting domestic healthtech innovators to procurement opportunities.
Black Peloton employees are questioning the company about low pay (BUSINESS INSIDER)
Black employees at Peloton are hammering the company with questions about being paid less.
Ellume recalls 2.2M home tests due to risk of false positives (MED CITY NEWS)
The company expanded a recall of its at-home COVID-19 tests due to a manufacturing error.
AlayaCare buys Pennsylvania-based Delta Health Technologies to bolster US presence (BETAKIT)
Months after closing its $225 million CAD Series D round to support its American expansion efforts, Montréal-based AlayaCare has acquired United States-based Delta Health Technologies.
