Testing, testing
Exciting developments in testing are afoot, with major potential impacts on precision medicine and consumer diagnostics. Last week, researchers from Mayo Clinic and startup Phenomix shared promising clinical results of a genetic test that predicts how likely a patient is to benefit from weight loss medications, and the world’s first saliva-based pregnancy test debuted on retail shelves in the United Kingdom. On the exit front, Tempus AI, maker of precision testing for oncology, filed for IPO. Diagnostic players that are finding market momentum today can learn from players of yesterday—robust payment models, market pivot strategies, and agility are key to setting up businesses that stand the test of time.
+ Join the Innovation Fellows and the rest of the digital health community at Rock Health Summit on September 10. Register to attend before prices go up this Friday at midnight!
Headlines
Hims & Hers Health To Offer Injectable Weight-Loss Drugs On Telehealth Platform
Compounded forms will be offered at $79/mo for oral, $199/mo for injections The Wall Street Journal
Eyeing GLP-1 Opportunity, Click Buys Assets Of Better Therapeutics
Click Therapeutics will adapt Better’s tech for use alongside GLP-1s STAT
Waystar Seeks As Much As $1.04B In IPO
Healthcare payments software firm eyes June stock-market debut with $5B+ valuation goal Bloomberg
Mayo Clinic Taps Zipline For Drone Delivery Of Meds, Supplies To Hospital-At-Home Patients
Program sends medications, supplies to patients’ homes within minutes Fierce Healthcare
Epic Launches AI Validation Tool For Health Systems
Epic uses Github to help hospitals test AI models for EHRs Modern Healthcare
HHS' ARPA-H Offering More Than $50M For Hospital Cybersecurity Platform Pitches
UPGRADE program offers awards; meanwhile, Ascension cyberattack lawsuits begin Fierce Healthcare
Microsoft Collaboration Launches Whole-Slide AI Model For Digital Pathology
AI digital pathology collaboration will solve for enablement and scalability obstacles Fierce Biotech
Recent Funding
- Allez Health inks $60M for its connected continuous glucose monitoring system
- Tuesday Health adds $60M for its severe illness care offerings
- Virtual substance use disorder treatment clinic Boulder Care picks up $35M
- Atropos Health lands $33M to generate real world evidence from healthcare data
- Expressable, a virtual speech therapy solution, collects $26M
- SamaCare earns $17M to support prior authorization for specialty medications
- Rock Health port co Amino Health reels in $10M for its benefits navigation platform
- Videra Health raises $5.6M for its AI-powered mental health assessments
- StrokeDx picks up $5M for its AI-powered stroke detection software and sensor device
- Virtual oncology survivorship and navigation platform OncoveryCare locks in $4.5M
- Superpower nabs $4M for its virtual clinic focused on longevity and disease prevention