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Maple continues push for all-in-one virtual care with new mental health offering (BETAKIT)
Maple CEO Brett Belchetz previously told BetaKit that the firm had yet to file for an IPO, nor has Maple’s board of directors made a formal decision to do so.
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Headspace and Ginger plan merger to form a mental-health powerhouse (FAST COMPANY)
The teletherapy and meditation companies have signed a definitive agreement to join forces as Headspace Health to expand their list of services.
Revenues up at Think Research, net income decreases (BETAKIT)
Think Research also said higher stock-based compensation contributed to the drop in net income, although it was partially offset by higher revenue for the period.
Pfizer to buy Canadian ‘blockbuster’ cancer drug developer Trillium Therapeutics in $2.26-billion deal (THE GLOBE AND MAIL)
For the second time this year, TSX loses a company pegged as the most valued biotech stock on its exchange.
Telehealth startup Calibrate notches a $100 million Series B from Founders Fund and Tiger Global (FORBES)
The close of the Series B also means that Founders Fund partner Brian Singerman will join Calibrate’s board of directors.
Zilia secures $4 million seed to enter the clinical market (BETAKIT)
The startup said the new capital will enable Zilia to complete the regulatry approval process for the clinical launch of Zilia Ocular.
Quebec could make changes to vaccination passport after flaws in system exposed (CBC)
The Journal also reported that hackers got their hands on the vaccination proof of Éric Caire, the digital transformation minister overseeing the security of the vaccination passport system.
Appili closes $3.5 million to advance COVID-19 treatment (BETAKIT)
Founded in 2015, Appili went public on the Toronto Stock Exchange (TSX) in February 2020, raising $10.25 million CAD.
They still live in the shadow of Theranos’s Elizabeth Holmes (NEW YORK TIMES)
Female entrepreneurs said they were constantly compared to Ms. Holmes, the disgraced founder of Theranos, who faces trial soon.
Medivolve acquires California pharmacy Marbella (BETAKIT)
In consideration for the deal, Medivolve has issued $2 million common shares to Marbella shareholders, which it has agreed to give a cash consideration of $275,000 USD within 45 days of closing.
Investors to take Inovalon private in $7.3B deal (MED CITY NEWS)
A consortium of investors, led by Nordic Capital and Insight Partners, plan to acquire the company in a deal that would value it at $7.3 billion. It’s expected to close later this year or in early 2022.
Aviron secures $4.5 million to fuel expansion of “gamified rowing” (BETAKIT)
The company’s software-hardware product combines gaming with high-intensity interval training, offering hundreds of workout options ranging from games to peer-to-peer live racing modules.
Carbon Health scoops up 2 major clinic chains to expand primary care footprint (FIERCE HEALTHCARE)
This acquisition underscores the company’s goal of becoming the largest national healthcare provider, fueled by its recent $350 million funding news.
To boost COVID-19 vaccine uptake, one health system hunts for patients who fell through the cracks (STAT NEWS)
Over the first three months of this year, four nurses at the hospital called more than 500 people to share information about vaccine safety and logistics and answer any questions.