June 18, 2013
New York City-based Medivo, a StartUp Health company that offers a physician and consumer-facing health monitoring platform, has raised $15 million in its second round funding, bringing the company's total funding to $22 million. The round was led by a new investor, the Merck Global Health Innovation Fund (GHI). Previous investors Safeguard Scientifics and MentorTech Ventures also contributed to...
April 17, 2013
As healthcare accelerators and incubators continue to grow and spread, they're also evolving as the unique needs of healthcare startups become apparent. For many incubators, that means a stronger focus on providing ongoing working relationships with established industry partners like payers, providers, and pharmaceutical and medical device companies.
Healthbox's Nina Nashif stressed the...
January 7, 2013
Digital health incubator Rock Health has released it's 2012 year in review report, and it shows that venture capital investment in digital health is robust, if still tentative by some measures. Overall investment is up, but a large percentage of the numbers are accounted for by a few big deals and a few big investors.
Venture capitalists invested $1.4 billion in digital health in 2012, a 45...
September 20, 2012
Princeton, New Jersey-based Tigerlabs announced the launch of a new healthcare IT accelerator, called Tigerlabs Health, which is located in the heart of Big Pharma in central New Jersey. The program will include mentors from leading pharma companies and likely other healthcare organizations, too.
While there have been an increasing number of health accelerators launching in recent years,...
August 28, 2012
Digital health accelerator Rock Health's investor partners have upped the amount of seed funding they will invest in startups that participate in the program from $20,000 to $100,000. The startups will each receive a total of $100,000 from Kleiner Perkins Caufield & Byers (KPCB), Mohr Davidow Ventures, Aberdare Ventures, and the Mayo Clinic. Rock Health, which is itself a non-profit, will...
June 26, 2012
"The reality of today’s funding environment for digital health entrepreneurs is that it’s traditional tech investors who have the lion’s share of the money, while most long-time healthcare investors are on the ropes, contending with fleeing LPs and at least the perception of disappointing returns," pharmaceutical company executive David Shaywitz writes in his most recent (must-read) column for...
January 5, 2012
Physicians Interactive, which offers the popular professional medical app Skyscape, announced this week that Merck will invest up to $17 million in the company via its Global Health Innovation Fund (GHIF). Initially, the financing includes $8.5 million, but depending on whether the company meets certain milestones, Merck's GHIF could bump the investment up another $8.5 million for a total of $17...
November 9, 2011
Merck Canada announced this month a deal with Mihealth to promote its PHR offering to Canadian doctors. According to Mihealth, which has an exclusive license to Diversinet's MobiSecure platform in Canada, its PHR data is validated by a physician once a year to ensure accuracy of the health information.
Mihealth's PHR is available for iOS, Android, BlackBerry and Windows smartphones. The software...
January 19, 2011
We mentioned a report last week from the Digital Pharma Blog that Pfizer, Johnson & Johnson and Merck had each removed apps from the Apple AppStore in recent months. While many others covering this story attributed the move to a potential rethinking on the value of apps, the Digital Pharma Blog attributes many of the withdrawals to mergers the companies went through during the past two years...