April 20, 2024
Funds

4 Funding Announcements Made By Payer/Employer Health Tech Startups in March

This roundup will be published monthly. It is meant to highlight some of the most notable funding rounds of the month and is not intended to be comprehensive.  Several major fundraising announcements in the payer/employer space were announced this month. Here is a list of some of the biggest funding rounds: HiLabs raises $39 million

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Funds

Breast Cancer Now funds researchers to investigate targeted radiotherapy for metastatic breast cancer in the brain

Researchers are trialing a new type of targeted radiotherapy to treat secondary breast cancer tumors in the brain, thanks to new funding from Breast Cancer Now. Image Credit: Breast Cancer Now Secondary (or metastatic) breast cancer is when breast cancer spreads to other parts of the body. While it’s incurable, the disease can be treated,

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Investment

St. Jude announces $13 million investment to expand the understanding of G-protein coupled receptors

St. Jude Children’s Research Hospital today announced a nearly $13 million investment toward a new research collaboration with scientists at Columbia University, Duke University and Stanford University to expand the understanding of G-protein coupled receptors (GPCR), which are vital proteins that impact human health and disease. The collaborative research project is led by two St.

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Funds

Ohio woman arrested for claiming child had cancer for donation funds

Authorities arrested an Ohio woman and charged her with theft after she allegedly lied about her child having cancer to collect thousands of dollars in donations, according to the Noble County Sheriff’s Office. Detectives arrested Pamela Reed, 41, of Pleasant City, Ohio, Monday after the sheriff’s office and Noble County Children’s Services received a report

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Investment

Goldman Sachs Closes $650M Fund to Invest in ‘Golden Era’ of Biotech Innovation

Goldman Sachs Asset Management has expanded to biotech investments in recent years. The investment firm is now preparing to ramp up its investment activity in the sector with a new $650 fund, its first one dedicated to the life sciences. Goldman on Wednesday announced the final close of the new fund, called West Street Life

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Investment

What Will Digital Health Investment Look Like in 2024?

The healthcare sector’s share of the global private equity and venture capital deal count is likely to continue decreasing in 2024, according to a new Pitchbook report. Healthcare’s share of the global private equity deal count reached its peak in 2020 at 13.7%. This year, it fell to 10.8%, its lowest level since 2015. The

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