H|T: The Healthtech Times – Healthtech’s IPO boom


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Symend, Drop, ApplyBoard named among LinkedIn’s top startups to work for in 2020 (BETAKIT)

The 2020 list highlights startups that have been able to show resilience in navigating the COVID-19 pandemic.

Canada signs deals for supply of Sanofi vaccine candidate, antiviral drug to treat COVID-19 (CTV NEWS)

The federal government has inked a new deal with French multinational pharmaceutical firm Sanofi to obtain 72 million doses of its protein-based COVID-19 vaccine candidate.

Bright Health raises $500M ahead of expansion into small-business plans (MOBIHEALTHNEWS)

Earlier this summer, the company announced plans to expand into new markets in 2021 and to add small-business plans in certain areas.

Microsoft makes big play for healthcare cloud business in competition with Google, Amazon (FIERCE HEALTHCARE)

Microsoft’s new cloud service designed specifically for healthcare will be generally available October 30, the tech giant has announced.

BC venture funding keeps pace in Q2 2020 as deal volume continues downward trend (BETAKIT)

Tech companies in British Columbia continued to see consistent venture funding in the second quarter of 2020, despite another drop in deal volume.

2020 may be the year from hell, but healthtech IPO boom continues (MED CITY NEWS)

Despite the COVID-19 pandemic, rising unemployment, and 2020’s other woes, healthcare technology firms continue to go public. So far, six health tech firms have already gone public in 2020.

GoodRx IPO shows low drug prices can still mean big money (FORBES)

Shares of drug pricing company GoodRx soared on Wednesday, up 53% from its initial IPO list price of $33 at market close.

Teladoc accuses Amwell of infringing on its telehealth patents (STAT NEWS)

Telehealth provider Teladoc last week accused Amwell of infringing on its patents and demanded that its rival stop offering the products in question — setting the stage for a potential legal dispute between the two most prominent companies in telemedicine.

Startup Olive banks another $106M to build out hospital AI ‘command centers’ (FIERCE HEALTHCARE)

Healthcare software startup Olive has found its sweet spot in automating healthcare administrative tasks using artificial intelligence.

Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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