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Felix Health raises $10 million amid increased demand for virtual prescription service focused on stigmatized health issues (BETAKIT)
The investment comes as the startup reports having grown its customer base eight-fold during the COVID-19 pandemic, which is having a widespread impact on the demand for telehealth solutions.
Toronto’s UHN launches a study to see if Apple Watch can spot worsening heart failure (TECHCRUNCH)
A new study underway at Toronto’s University Health Network (UHN), a group of working research hospitals in the city, could shift our approach to treatment in an area of growing concern in human health.
Electronic medical records provider Medfar Clinical Solutions raises $25 million CAD (BETAKIT)
Walter Capital Partners has acquired a minority stake in Medfar Clinical Solutions, leading a $25 million investment in the electronic medical records provider.
With a wearable reportedly in the works, Facebook continues a quiet push into health (FAST COMPANY)
Reports say Facebook is developing a health tracker with messaging capabilities. It’s just the latest in the company’s expanding forays into the healthcare space.
Boreal Ventures launches $26 million fund investing in Québec’s early-stage deep tech startups (BETAKIT)
“There are few Canadian funds available for [deep tech startups].”
Mayo Clinic, Google eyeing ‘AI factory’ as collaboration moves forward (MED CITY NEWS)
As their partnership evolves, the organizations are looking to create an “AI factory” — an assembly line of AI solutions that are developed at scale and incorporated into clinical workflows.
Following acquisition by Telus, EQ Care launches new virtual health platform for workplaces (BETAKIT)
The new platform, called LifeJourney, gives employees personalized support when accessing their care plans, appointments, and prescriptions.
Psychedelic biotech company scoops up research focused digital health company HealthMode (MOBIHEALTHNEWS)
MindMed plans to use HealthMode’s machine learning capabilities into its new digital medicine division.
Sagard closes $725 million for biopharmaceutical royalty investment fund (BETAKIT)
With a focus on investing in approved and commercialized biopharmaceutical products and diagnostics, SHRP also provides financing for medical devices in the sector.
IBM’s retreat from Watson highlights broader AI struggles in health (WALL STREET JOURNAL)
Watson Health was billed as a ‘bet the ranch’ move by Big Blue; now the company is prepared to throw in the towel.