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Calgary’s Orpyx raises $7.6 million Series A to commercialize, develop shoe-based diabetes tech (BETAKIT)
Orpyx Medical Technologies, smart remote monitoring tech that helps prevent diabetic foot ulcers, has closed a $7.6 million Series A led by Paddock Capital.
Leaving the $3.2 billion portfolio he helped build at IndieBio, Arvind Gupta joins Mayfield to create the Genesis Consortium (TECHCRUNCH)
The move is a signal both of Mayfield’s increasing commitment to invest in a thesis around human and planetary health, and of the growing importance of bio-engineering in the world of emerging technologies.
Russian group targeted COVID-19 vaccine research in Canada, U.S. and U.K., say intelligence agencies (CBC)
A hacker group “almost certainly” backed by Russia is trying to steal COVID-19-related vaccine research in Canada, the U.K. and the U.S., according to intelligence agencies in all three countries.
Leaping from seed to Series A for digital health startups proves difficult (CRUNCHBASE)
The leap from raising seed funding to landing a Series A was difficult for RxRevu CEO Carm Huntress, as it typically is for many in the digital health space.
Mednow.ca raises $6.5 million to connect Canadians with pharmacies virtually (BETAKIT)
Toronto-based Mednow.ca, a virtual care startup that launched earlier this year during the COVID-19 pandemic, has raised a $6.5 million seed round.
Digital pharmacy startup Medly raises $100M (MED CITY NEWS)
Medly, a New York-based digital pharmacy startup that offers same-day prescription delivery, raised $100 million in a series B round.
Fertility tech poses market opportunity for the future, VC firm Octopus reports (MOBIHEALTHNEWS)
The report indicates that fertility focused startups have raised $2.2 billion in the last five years.
Ending the pandemic will require big pharma to put ethics before profits (FAST COMPANY)
To stop the virus will require everyone getting a vaccine, no matter the cost.
Paige, the computational pathology startup targeting cancer, closes a Series B at $70M (TECHCRUNCH)
Paige has a CE mark to be used clinically in both regions and the startup already has beta sites in the U.K. and EU, but it hasn’t had a fully commercial launch in either region, Grady said.
Virtual care will revolutionize Canadian health care (FINANCIAL POST)
Combined with telehealth, wearable diagnostics, artificial intelligence-enabled decisions, cloud storage, and strategic alignments among internet giants and health centres, virtual care could revolutionize Canadian health care by 2030.