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Dialogue closes TSX IPO, raising $100 million (BETAKIT)
Dialogue plans to use the fresh funding to expand its product, build new health services, grow its customer base, and invest in complementary businesses. The company is also looking to focus on Germany as well as Canada.
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‘It is very personal’: AbCellera’s COVID-19 treatment is saving lives in the U.S. In Canada, it’s sitting in storage. Now the company’s CEO is speaking out (THE LOGIC)
AbCellera has been the standard-bearer for Canada’s resurgent biotech sector, riding the promise of its technology and the success of its COVID-19 treatment to a record-breaking US$556 million IPO late last year.
What COVID-19 taught us about telemedicine (WALL STREET JOURNAL)
The pandemic gave doctors a crash course in what does and doesn’t work. Among the lessons: a good webside manner is crucial.
Inside the battle over Talkspace and a grand experiment in mental health (STAT NEWS)
Talkspace relies largely on text-based therapy, unlike traditional therapy, as well as live video sessions.
The Canadian Shield begins selling mask manufacturing system (BETAKIT)
“What started as a response to a critical shortage of PPE for our frontline healthcare workers has transformed into a high-tech enterprise.”
Cityblock Health gets $192 million funding boost to turbocharge care for low-income patients (FORBES)
Cityblock pairs community outreach, local clinics and virtual care with a software core that helps surface medical and social care issues before they spiral out of control and drive up costs.
SOC Telemed expands acute care telehealth services with Access Physicians acquisition (FIERCE HEALTHCARE)
By acquiring Dallas-based Access Physicians, a multispecialty acute telemedicine provider, SOC Telemed is now the largest pure-play provider of acute care telemedicine in the nation, the company said.
Digital-backed care provider Crossover Health hauls in $168M Series D (MOBIHEALTHNEWS)
The San Clemente, California-based company is aiming to expand its payer- and employer-focused care platform with the funds.
Evidation plans to launch virtual health programs with $153M in new funding (MED CITY NEWS)
Evidation, launched as a research app where people can opt into virtual clinical trials, now plans to offer digital health programs.
General Catalyst investment values BrightInsight at $750 million (BNN BLOOMBERG)
BrightInsight, a health technology company that helps drug and device makers build digital tools for patients and clinicians, raised $101 million in venture capital from investors including General Catalyst (and their new $600 million fund).
How SOSV-backed Achiko pivoted from financial services to healthtech during the COVID-19 pandemic (TECHCRUNCH)
“The vision of being able to use a new technology stack to detect first with COVID, but any universe of other pathogens or indications of possible ailments, and having a platform to integrate these things in a contemporary way is something we believe is worthwhile.”
Three barriers to innovation in insurance (BETAKIT)
Duuo’s Director, underwriting argues insurance companies face compliance risks when developing new products to serve Canadians in the digital economy.