Water sampling, agtech startups among Ontario Genomicsâ first cohort for BioCreate program
Each company will receive $150,000 from Ontario Genomics.
Healthtech
H|T: The Healthtech Times – Pharma giant Bayer moves deeper into digital health
Plus: FemTherapeutics raises $2.5 million CAD to address pelvic floor disorders.
AlayaCare founder, Alberta Innovates and Strata Health Solutions executives honoured at e-Health Conference
Digital Health Canada hands out awards in six categories to medtech executives.
Rhino Ventures leads Twig Fertilityâs $8 million Series A to improve fertility experience with tech
Twig is developing a proprietary platform to optimize treatment plans and opening more clinics in Canada.
Canada is in a health care crisis. What’s the prescription?
Brett Belchetz (Maple) and Alexandra Greenhill (Careteam) diagnose the failings of Canada’s health care system.
FemTherapeutics raises $2.5 million CAD to address pelvic floor disorders with custom vaginal prosthetics
FemTherapeutics combines AI and 3D printing to design vaginal pessaries specific to each patient.
H|T: The Healthtech Times – FDA approves Elon Musk’s Neuralink for human clinical study
Plus: AbCellera and BenchSci get combined $395 million
H|T: The Healthtech Times – FTC signals tougher rules for health companies’ use of data
Plus: MCI OneHealth divests five Calgary clinics to Well Health for $2 million.
BenchSci closes $95-million CAD Series D to expand AI drug-discovery platform
BenchSci aims to help pharma companies speed up R&D using AI.
AbCellera receives $300 million in combined government funding for biotech campus
The $701-million project aims to build a âstate-of-the-artâ campus, add 400 jobs.
Ailing MCI OneHealth divests five clinics in Calgary to Well Health for $2 million
Well called the acquisition an excellent opportunity to expand to more providers in Alberta.
H|T: The Healthtech Times – Recursion acquires two Canadian AI drug-discovery companies
Plus: FDA commissioner: “hard to catch up” on regulating digital health.
Pfizer Canada partners with Communitech to launch health-focused accelerator program
The open call for proposals ends on May 31.
H|T: The Healthtech Times – Telehealth giant Amwell posts nearly $400M loss in Q1
Plus: Peloton shares plunge after company reports wider-than-expected loss.
American biotech Recursion acquires two Canadian AI drug-discovery companies, Cyclica and Valence
“Policymakers should look to understand why so many promising tech companies choose to sell themselves.”