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.

+ Applications for the 2024 RockHealth.org Innovation Fellowship are open! The Fellowship is an immersive cohort-based experience that supports and amplifies the work of visionary leaders centering lived experience in digital health innovation—apply here by June 20.

+ 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!


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