Fay Raises $50M to Expand Access to Nutrition Counseling Services
Fay's $50 million Series B round was led by Goldman Sachs. In total, the company has raised $75 million.
Goldman Sachs Closes $650M Fund to Invest in ‘Golden Era’ of Biotech Innovation
Goldman Sachs’s new fund—its first dedicated to life sciences—will focus on early- to mid-stage therapeutics companies with multiple assets. Genetic medicine, cell therapy, immunotherapy, and artificial intelligence are among the areas of investment interest for the firm.
The Funding Model for Cancer Innovation is Broken — We Can Fix It
Closing cancer health equity gaps require medical breakthroughs made possible by new funding approaches.
CRO Parexel changes private equity hands again, this time for $8.5B
Four years after a private equity acquisition took Parexel private, the contract research organization is being acquired by two private equity firms for $8.5 billion. It’s the latest in a series of acquisitions to hit the CRO sector this year.
‘Off-the-shelf’ CAR-T company Allogene files for $100M IPO
The filing comes one week after the company, founded earlier this year with a $300 million Series A round by two former Kite executives, raised $120 million in a private financing.
Goldman Sachs throws in $37M with Chinese replacement heart valve maker Venus Medtech
The Venus P-valve pulmonary replacement has already been implanted in more than 40 patients, and the current goal is to win CE Mark approval. They will reportedly be enrolling patients to accomplish this in the early half of the year.
Privia hopes to help independent physician groups with $400M expansion
Privia Health, which seeks to help physician practices remain independent in lieu of massive consolidation occurring in healthcare, is significantly boosting those efforts with a $400 million national expansion. Backed by an investor group led by an affiliate of Goldman Sachs, the Virginia-based physician practice management group said the expansion is a direct result of the […]
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What Keeps Healthcare CIOs Up at Night: Balancing Technology Investments with Consumer Expectations
When it comes to managing inbound phone calls, underperformance has devastating cost implications.
California payer one of 9 healthcare companies on RedHerring Top 100 list
SeeChange Health has won a Red Herring Top 100 North America Award. The award recognizes private companies from North America for innovation and new technology in their respective industries. SeeChange Health offers Health Insurance and Health Solutions while encouraging people to keep an active role in managing their health. In addition to paying customers’ medical bills, […]
What sluggish ICD market? St. Jude Medical Inc. bucks the trend
It’s been a while since we could get excited about implantable cardioverter defibrillators (ICDs), the watch-sized devices that shock an irregular heart back into rhythm. The device that helped launched the dominance of Minnesota’s medical device industry barely registers a yawn today. ICDs are what we call a “mature” industry, growing around 4 to 6 […]
Former Medtronic chief operating officer joins spine firm in Colorado
Michael DeMane is finally a CEO. The former chief operating officer at Medtronic Inc. (NYSE: MDT), once thought to be a top candidate to lead the world’s largest medical device firm, recently joined Lanx Inc. as chairman and CEO. The company, based in Broomfield, Colo., makes devices for spinal surgeries. Investors include Chicago Growth Partners, […]
Big Boston Scientific shareholder in SEC trouble
John Paulson, whose hedge fund is one of Boston Scientific Corp.’s (NYSE:BSX) biggest stakeholders, is embroiled in the Securities & Exchange Commission’s indictment of Goldman Sachs Co., accused of “fraudulent misconduct” in an alleged scheme to mislead the public over the sub-prime mortgage crisis. The SEC filed a civil suit against Goldman Sachs April 16, […]
Using Data to Help Healthcare Practices Succeed
A new report from Relatient, A Data-Driven Guide to Patient Access Succes, highlights how focusing on data accuracy and relevance can enhance the performance of healthcare practices.