H|T: The Healthtech Times Newsletter – A massive fraud

The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe.

Subscribe to H|T using the form at the bottom of this page to ensure you don’t miss out on the most important healthtech news every week!

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Atomwise raises $57 million CAD

Atomwise, which has developed a platform that makes predictions about potential medicines before they are made, raised the funding from Monsanto Growth Ventures, DCVC (Data Collective), and B Capital Group, with participation from others.


MediSeen Recommends: Healthtech grant opportunities

“3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation. The newsletter is likely the best source of Healthtech grant opportunities available.”
– Daniel Warner, MediSeen founder and CEO


Theranos CEO Elizabeth Holmes charged with massive fraud by SEC

Holmes has been stripped of control of the blood-testing company she founded, is returning millions of shares to Theranos, and is barred from serving as an officer or director of a public company for 10 years, the SEC said in a statement Wednesday.


Calgary researchers develop tool to literally shine light on concussions

University of Calgary scientist Jeff Dunn says there has been no accepted way to get an image of a concussion, but he and his team have developed a device, called a Near-Infrared Spectroscopy, that measures communication in the brain by measuring oxygen levels in blood.


Parachute Health raises $5.5M to digitize ‘archaic’ medical equipment orders

The company’s investors include Greater New York Hospital Association Ventures, Loeb Holding Corporation, former UnitedHealth Group executive Anthony Welters, former McKesson Extended Care president Fred Browne, and other unnamed investors.


Fitbit is adding menstrual cycle tracking to its smartwatches

The company’s new “smartwatch for all” also takes things a step further with the addition women’s health tracking, which adds menstrual cycle logging to the device’s healthcare tracking.


Ottobock Healthcare is pushing the boundaries of human technology integration

From microprocessor-controlled knees to computer-controlled socks, Aaron Holm, manager for consumer engagement, Ottobock Healthcare, discussed how technology is changing bionics and orthotics at SXSW.


U of T grad receives Governor General’s Gold Medal for work in AI and health care

Katie Fraser’s work in computational linguistics bridges artificial intelligence with health care. She and her startup colleagues at WinterLight Labs hope to improve Canadians’ lives with tools for the early detection of dementia.


ClassPass Live launches on-demand workouts from home

Folks that subscribe to ClassPass Live will get access to a starter kit, unlimited live workouts, and a heart rate zone tracker.


Amazon is hiring a former FDA official to work on its secretive health tech business

Taha Kass-Hout will serve in a business development role focusing on health care projects.


Reverie Labs uses new machine learning algorithms to fix drug development bottlenecks

Co-founder Connor Duffy says Reverie Labs’ ambition is to “become a full service molecule-as-a-service company.” It’s already partnered with several biotech companies and academic institutes working on treatments for diseases including influenza and cancer.


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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