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MCI Onehealth closes $30 million CAD initial public offering (BETAKIT)
MCI Onehealth, a Toronto-based healthtech company, has closed $30 million CAD for its initial public offering (IPO).
Why San Francisco-based VC Hustle Fund Is Betting Big on Canada
“At Hustle Fund, we’re convinced that Canada is positioned well to produce some of the largest, category-defining companies on the planet. We’re eager to fund these companies, and excited to partner with Hockeystick to identify these opportunities!” – Eric Bahn (General Partner)
Since launch, Hockeystick has made over 6000 funder recommendations to Canadian startups. Learn how startups are using technology to meet funders around the world.
AbCellera Biologics’s billionaire boss planning hiring spree in Vancouver hometown after record-setting IPO (THE GLOBE AND MAIL)
Carl Hansen intends to hire hundreds and expand lab space in a bid to turn Vancouver into a pharmaceutical hub.
UnitedHealth to purchase Change Healthcare for $8 billion (BLOOMBERG)
UnitedHealth Group Inc. agreed to purchase Change Healthcare Inc. in a deal that values the health technology company at about $8 billion.
Following TSX debut, Think Research set to acquire cosmetic surgery facility Clinic 360 (BETAKIT)
Think Research, a developer of virtual care technology and clinical treatment protocols, is set to acquire Clinic 360, a cosmetic and elective surgery clinic.
There were plenty of red flags that spelled the demise of Amazon, JPMorgan healthcare venture, experts say (FIERCE HEALTHCARE)
Three years later, Haven has turned from one of the biggest potential disrupters to yet another failed tech-driven venture as officials began telling employees about plans to shut down by the end of next month.
Centene to bolster behavioral health services with $2.2B Magellan Health acquisition (MED CITY NEWS)
The insurer will pay $95 per share in cash to acquire Magellan Health, a company providing an array of services, including pharmacy benefit management and behavioral health and employee assistance program services.
Today in Hires: Alida, Medical Innovation Xchange, Nuvei (BETAKIT)
Three Canadian organizations have brought on new team members, including Alida, Medical Innovation Xchange, and Nuvei.
Singapore police can access COVID-19 contact tracing data for criminal investigations (ZDNET)
Under the country’s Criminal Procedure Code, the Singapore Police Force can obtain any data — including information gathered by the contact tracing TraceTogether app and wearable token — to facilitate criminal probes, confirms cabinet minister.
For mental health startup Modern Health, pandemic-fueled growth created whole new set of anxieties (CNBC)
Modern Health CEO Alyson Watson reminded employees to take care of their own mental health during a year of hypergrowth and extreme anxiety.
Forecast: Health care in 2021 will focus on ‘digitization of the patient experience’ (CRUNCHBASE)
Digital health startups are likely to see continued opportunity, investment and initial public offerings in the new year as people rethink the way health care is delivered.