R&D veterans launch $320M life sciences VC firm in Los Angeles
With $320 million on hand to invest in life sciences startups, Westlake Village BioPartners will tap its founders' biotechnology expertise.
A report card for the digital health ecosystem: Thoughts from Qualcomm Life’s Connect2014
Digital health has a pretty erratic grade point average, or so says Dana Mead, a parter at venture firm Kleiner Perkins, Caufield & Byers. He outlined and graded what he called the five most important elements of the digital health ecosystem at Qualcomm Life‘s Connect2014 conference this week in San Diego, and this is how he slices it: 1. Access […]
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Online personal training startup Wello packs a punch with $1 million seed round
Some impressive investors including Mayo Ventures, Kleiner Perkins, Mohr Davidow and Aberdare Ventures have thrown $1 million in seed money behind an ambitious Rock Health fitness startup by the name of Wello. The startup has created an online marketplace that connects physical trainers with clients and enables live, online personal training via video chat. The […]
RedBrick Health co-founder raises $2 million for new start-up Bloom Health
Bloom Health Corp., a Minneapolis-based start-up that advises companies, employees and consumers on health care issues, is seeking a total of $5 million through the sale of equity and warrants and/or options, according to documents filed with the Securities and Exchange Commission.
Inspire Medical Systems raises $17 million to study sleep apnea treatment
Inspire Medical Systems Inc. in Minneapolis has raised $17 million in a second round of venture capital to pay for ongoing clinical trials of its device to treat one type of sleep apnea.
Cleveland Clinic-backed Autonomic Technologies raises $20 million
Autonomic is creating a small, implantable medical device to treat severe headaches, according to a news release from InterWest. It was created in 2007 through research by Clinic neurologist Dr. Ali Rezai, who remains on the company's board.
A Deep-dive Into Specialty Pharma
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
RedBrick Health lands third $15 million investment
It plans to use the money to expand and market it Health Earnings System, which provides insurance for self-insured empoyers and offers rewards to employees who take part in certain health programs and guidelines. The company promises that anyone who "actively participates" in its health program "regardless of current health condition" pays less for their health care.