California-based Agilent Technologies agrees to buy Biovectra for $1.3 billion CAD
Biovectra is being purchased for the second time in five years.
Healthtech
Shoppers Drug Mart strikes commercial partnership with Weston-backed blood-testing startup Truvian
The San Diego-based startup is looking to secure FDA and Health Canada clearance for its blood-testing platform.
Armed with $782,000 CAD in pre-seed funding, MedReddie eyes new markets
Startup aims to speed up the technology procurement process for healthcare providers.
Swift Medical among the latest #CDNtech companies to appoint new leaders as industry executive turnover continues
Changes in top leadership also hit Faire, Kovo HealthTech, goeasy, CFI, and more.
Digital Innovation Cluster invests $15 million into AI megaproject from consortium of Canadian healthtech companies
Partners in the $44-million project include ORX, Well Health, Healwell AI, Tali AI, and Simon Fraser University.
Feds, BC invest nearly $73 million into Aspect Biosystems to establish biomanufacturing facility
The clinical facility aims to be the first dedicated to producing bioprinted tissue therapeutics in Canada.
Roga secures $1.7 million CAD to reduce stress and burnout with its nerve-stimulating wearable
Neuroscientist and former Google Pixel PM team up to tackle workplace stress with Roga.
OMERS sells medical testing giant LifeLabs to American firm Quest Diagnostics for $1.35 billion
LifeLabs will retain its brand, Canadian headquarters, and management after the acquisition is closed.
Healwell AI invests $2.7 million CAD into Elon Musk’s xAI to tap into company’s expertise, resources
Healwell CEO touts access to xAI’s closed developer program as big potential benefit.
INOVAIT and federal government invest $10.7 million across seven image-guided therapy tech projects
Private contributions bring the collective project values up to $32 million.
Ottawa companies receive FedDev funding for AI, semiconductor, biotech work
FedDev invested nearly $20 million across nine Ottawa-based companies.
VoxCell BioInnovation takes the crown at the last-ever Collision PITCH competition
VoxCell’s 3D bioprinted imitation of natural soft tissue helps pharmaceutical companies test new drugs faster.
H|T: The Healthtech Times – BC’s Kardium secures $143M CAD for heart treatment
Plus: Telehealth execs charged with fraud.
Healwell AI accelerates M&A strategy with acquisitions of VeroSource Solutions and BioPharma Services
The deals, if successful, will have a combined value of over $36 million.
PragmaClin, Willful, NovaResp among nearly 30 healthtech startups backed by new CABHI funding
Each startup is receiving between $150,000 to $500,000 based on company stage, needs, and evaluation processes.