Cyclica receives $2.4 million CAD grant from Bill & Melinda Gates Foundation
The grant is helping develop new, hormone-free contraceptives.
Healthtech
H|T: The Healthtech Times – OnCall & AeroDPC acquired, HealthJoy fundraises
Plus: Modernizing Medicine to pay $45M to resolve False Claims Act allegations.
OnCall Health acquired by US-based SaaS provider Qualifacts
Prior to its acquisition, OnCall has raised around $10.5 million CAD.
H|T: The Healthtech Times – Inside Google’s quiet digital health acquisition
Plus: Cerebral lays off 20 percent of its staff.
H|T: The Healthtech Times – How VoxNeuro takes the subjectivity out of brain health assessments
Plus: Montreal’s Inversago raises $95-million to revive failed class of weight-loss drugs.
H|T: The Healthtech Times – Is Noom doomed?
Plus: 26 Canadian tech startups added to list of firms on path to $1 billion in annual revenue.
VoxNeuro closes $4 million to help diagnose concussions and Alzheimer’s disease
Backed by decades of research, VoxNeuro aims to bring objectivity to brain health assessments.
H|T: The Healthtech Times – Can a hackathon build ArriveCan for less than $54 million?
Plus: Digital health funding in Q3 slides to 2019 levels.
H|T: The Healthtech Times – Instacart to deliver health goods
Plus: Truepill conducts fourth round of layoffs in 2022.
RBC continues healthcare strategy with MDBilling acquisition
MDBilling builds on RBC’s purchase of Dr.Bill in 2020.
Innovate BC awards $2.3 million to eight R&D projects
Terramera, HTEC among recipients of this year’s funding.
H|T: The Healthtech Times – Lumira starts hedge fund to target oversold public companies
Plus: Real Ventures swaps managing partners.
H|T: The Healthtech Times – Peloton co-founders resign amid company shakeup
Plus: Well Health crack into TSX30 amid sector downturn.
H|T: The Healthtech Times – CVS acquires Signify Health over Amazon
Plus: FTC reviewing Amazon’s One Medical purchase.
WELL Health among few tech companies to crack TSX30 amid sector downturn
Last year’s top performing companies included the likes of Shopify and Goeasy.