Proposed SR&ED changes could boost tech companies and national productivity, experts say
Both private and public Canadian companies could claim capital expenditures again if legislation advances.
Healthtech
MaRS and U of T seek new partner as Johnson & Johnson pulls support for JLabs Toronto
Toronto became home to the pharma giant’s first innovation space outside of the US in 2016. Now it’s leaving.
Healwell plans to offload research, patient businesses as it focuses on AI
Both Healwell and parent company Well Health reported record earnings in Q2.
Pathway acquired by US telehealth firm Doximity for $63 million USD
Doximity now beta testing a product with Pathway’s AI-powered search technology and medical datasets.
Femtech Canada hopes to bring women’s healthtech to market through its first commercialization program
Program provides $20,000 in commercialization assistance services from physician groups and contract organizations.
Eyam Health strikes partnership with Swiss non-profit to develop one-dollar malaria treatment
Eyam claims its AI drug discovery and delivery platform can develop treatment at less than half the usual cost.
BC shuffles cabinet, moving Rick Glumac to AI and Ravi Kahlon back to jobs
Province loses JEDI, gains AI minister as premier swears in team “to meet the current moment.”
Pharmacy AI agent Asepha raises $4 million USD to double staff and open New York office
Asepha answers the phone and files prescriptions so your pharmacist doesn’t have to.
Cobionix secures $4.1 million to commercialize its collaborative medical robot
Funding to support pilot projects that move CODI the robot “from bench to bedside.”
VitalHub acquires referral platform Novari Health in deal worth up to $48.6 million
VitalHub said the referral management market is a “a key area of investment” for governments around the world.
LeoMed raises $2.75-million seed round for telehealth patient monitoring platform
Montréal startup says software platform can ease burden of a strained healthcare system.
Kardium closes $340 million CAD to secure regulatory approval, expand manufacturing for atrial fibrillation heart device
BC medtech company gears up for targeted commercial launch later this year.
The Winnipeg founder who answered a crisis
Rob Ranson built a pandemic solution in three days. His latest product has NATO’s attention.
9Bio Therapeutics’ Philipe Gobeil wants to “resurrect” clinically validated cancer therapies that failed due to toxicity
Québec biotech startup is developing a platform for designing drugs that target tumours and spare healthy tissues.
NiaHealth raises $5.75 million as it hopes to become a household name in preventative healthcare
Rapidly growing healthtech startup has majority of its backing from Canadian investors.