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!
Think Research to acquire continuing medical education company MDBriefCase (BETAKIT)
Virtual care company Think Research is set to acquire fellow Toronto-based company MDBriefCase, for a total value of $25.3 million CAD.
RVZ Healthtech Incubator: apply now!
February 3rd, 2021 is the deadline to apply for Ryerson Venture Zone in Brampton’s new Incubator program for early-stage tech startups in the health and wellness sector!
This seven-month program is completely free of charge and ideal for entrepreneurs looking to acquire their first customer, work towards securing pilot opportunities with Canada’s top health and wellness organizations such as Dynacare, William Osler Health System and SE Health, and take their startup to the next level.
After $1.6B blank-check deal, Hims & Hers plots expansion into more conditions (MED CITY NEWS)
In the last year, Hims & Hers quickly pushed forward with two big expansions as the COVID-19 pandemic drove more patients to virtual care.
Boston Scientific acquires wearable cardiac sensor maker Preventice Solutions (MOBIHEALTHNEWS)
The nine-figure deal is set to close before the midpoint of 2021.
Healthtech firm Accolade is buying telemedicine startup 2nd.MD for $460 million, sources say (CNBC)
Accolade is close to announcing the acquisition of Houston-based Innovation Specialists, parent company of 2nd.MD, for about $460 million, according to people with knowledge of the situation.
Eli raises $1.9 million CAD in seed funding to develop at-home hormone monitoring tech (BETAKIT)
Eli Science Inc. has raised a $1.5 million USD seed round to target the underserved women’s health market with saliva-based daily hormone tracking technology.
K Health raises $132M Series E, kicks off new virtual pediatric care platform (CRUNCHBASE)
With this round, K Health has raised roughly $273.3 million since the company was founded in 2016.
Aledade raises $100M to fuel growth of MA plan partnerships (FIERCE HEALTHCARE)
The new infusion of capital follows a year of significant growth for Aledade’s national network of risk-taking primary care practices.
Telus launches new mobile health clinic to serve Toronto’s mid-west region (MOBILESYRUP)
The Parkdale Queen West mobile health clinic, a specially-equipped clinic on wheels, will provide essential primary health services to underserved people in Toronto’s mid-west region.
Budding firm shoots for consistency in medicinal cannabis (COMMUNITECH)
Cadence Agricultural Systems Inc. has developed the CASiGrow chamber, offering precise controls to ensure consistency in medicinal cannabis and other crops.
Cloudflare introduces free digital waiting rooms for any organizations distributing COVID-19 vaccines (TECHCRUNCH)
Waiting Room was already on Cloudflare’s project roadmap, and was actually intended for other high-demand, limited supply allocation items.
Why Ryerson Venture Zone is building a healthtech hub in Brampton fuelled by pilot programs (BETAKIT)
When Ryerson Venture Zone opened applications for its first healthtech incubator program in Brampton, sourcing corporate pilots became a key focus.
