(Photo by Steve Jennings/Getty Images for IVY)
March 19, 2021
uBiome cofounders are in hot water after the SEC charged the pair with healthcare fraud conspiracies.
The company first was founded in 2012 and started with direct-to-consumer microbiome testing.
Now cofounders Zachary Schulz Apte and Jessica Sunshine Richman are being tried for a slew of charges, including conspiracy to commit securities fraud, conspiracy to commit healthcare fraud, money...
January 2, 2019
As America rises to greet the new year, its leaders remain in a funding dispute over border security that has so far resulted in 13 days of a partial government shutdown. While the deadlock is certainly having a prolonged impact on more than 420,000 government employees who are working without pay, and the 380,000-plus who have been furloughed, each passing day threatens greater challenges for...
December 11, 2018
A new company called LunaDNA has created an avenue for people to donate their health data in exchange for shares in the company. The novel platform seeks to serve the needs of nonprofit and for-profit researchers as well as everyday people willing to share their health data.
“What we aim to do is create a human health database, inclusive of DNA data, clinical, medical, contextual information....
July 18, 2018
Multiplayer surgeries. Virtual reality surgical training app maker Osso VR today launched a feature that allows multiple surgeons to train and interact within a single VR space. The new functionality can bring team members together for training regardless of physical location, according to a statement, and comes with the other benefits of collaborative, team-based training over solo instruction...
March 15, 2018
The Securities and Exchange Commission has charged Elizabeth Holmes, founder and CEO of scandal-ridden startup Theranos, with “massive fraud.”
Along with former Theranos President Ramesh “Sunny” Balwani, Holmes has been charged with raising over $700 million from investors “through an elaborate, years-long fraud in which they exaggerated or made false statements about the company’s technology,...
September 20, 2017
Correction: Due to a lack of clarity in the original SEC filing, this article originally overstated Analyte's new funding. The $26.8 million we originally reported included exchanged securities from prior investments into the company.
Analyte Health, a Chicago-based lab networking platform active in telehealth, has raised just over $3 million, according to a recent SEC filing. The document lists...