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!
Vancouver biotech company AbCellera Biologics has officially announced the close of its IPO on the Nasdaq, pulling in gross proceeds of $555.5 million.
“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.
Montréal-based virtual care company EQ Care has been acquired by Telus Health, BetaKit has learned.
The Food and Drug Administration authorized a second coronavirus vaccine for emergency use, clearing the way for millions more Americans to be immunized.
It said Google must not be able to use the health data of Fitbit users in the European Economic Area for advertising and enforced a technical separation of Fitbit’s data from Google’s.
Toronto healthtech startup Adracare is set to be acquired by WELL Health Technologies in a $4.75 million CAD deal.
With the new round, Modern Health has raised just over $95 million since the company was founded in 2017, including its $31 million Series B round in January, according to Crunchbase data.
GoodRx launches telehealth service, free mail delivery as direct-to-consumer market heats up (FIERCE HEALTHCARE)
A new program will give GoodRx subscription holders discounts on virtual doctor’s visits and free mail delivery via the GoodRx app, the company announced.
MindBeacon has priced its IPO, setting the common shares of the company at $8 per share for aggregate gross proceeds of $65 million.
Chewy’s CFO to expand pet products, explores monetizing telehealth services (WALL STREET JOURNAL)
The finance chief of Chewy Inc. plans to ramp up the number of products the pet-supply retailer offers to help boost orders and is considering ways to monetize its new, free telehealth service for animals.
Given the body of research showing algorithms can encode biases against certain demographic groups, particularly minorities and low-income earners, experts believe this is cause for concern.
Subscribe to The Healthtech Times
Don’t forget to subscribe to The Healthtech Times using the form below to make sure it hits your email inbox every week!