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How Are Digital Health Investors Shifting Their Focus In 2023?

The digital health sector's quarterly investment trends seem to be stabilizing in 2023, according to a new report from Rock Health. The report noted investors are shifting their focus away from pandemic-era categories like telehealth and pharmaceutical R&D catalysts โ€” instead, they're interested in startups creating products for disease treatment, the improvement of nonclinical workflows and the enablement of value-based care.
Synapse Health Keona Health Healthmap Solutions Rock Health Vivante Health Better Life Partners

Providence Plans to Spin Out a New Patient Engagement Startup, Marking Its 4th Incubated Company

Providence announced that it will spin out its fourth digital health startup in the first quarter of next year. The company, called Praia Health, offers a platform designed to build stronger relationships with patients by personalizing their healthcare journeys and connecting them to relevant resources and services.
Cape Verde General Cape Verde Sara Vaezy Justin Dearborn Praia Health Wildflower Health

Already Partnered With Nvidia and Eli Lilly, Iambic Adds $100M for AI Drug Discovery

Iambic Therapeutics brings together software engineers and drug-hunting scientists, all sharing the goal of using artificial intelligence to optimize properties of small molecule drugs. The startup will apply its Series B financing to a cancer drug pipeline that includes two candidates on track for the clinic in 2024.
United States La Jolla Tom Miller Eli Lilly Gradiant Corporation University Of Bristol

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Investors Share Perspectives on 2023 Deals and Offer a Look at Emerging Areas of Interest

Investment trends will be a big theme at the HLTH event at the Las Vegas Convention Center October 8-11. In the runup to the conference, investors from Bessemer Venture Partners, Cleveland Clinic Innovations, Third Culture Capital and Intuitive Ventures offered their takes on 2023 investments.
United States Oliver Keown Jon David Friedland Julien Pham Ge Healthcare Health Tech

Diana Health Snags $34M to Grow Its Network of Women's Health Practices

Diana Health, which partners with hospitals to operate a network of maternity practices, closed a $34 million Series B funding round. The startup currently operates three women's health practices in Tennessee. With its new funding, the company plans to open new practices in Tennessee, Florida and one other yet-to-be-announced state.
New York United States Cookeville Regional Medical Center Kate Condliffe Biron Health Tristar Stonecrest Medical Center

FDA Authorizes Novavax's Covid-19 Vax, Set to Join Fall Rollout of Updated Shots

Novavaxโ€™s updated version of its Covid-19 vaccine is now FDA authorized for use in the U.S., joining the approved shots from Moderna and partners Pfizer and BioNTech. Novavax said its protein-based vaccine will be available in coming days.
A Novavax Covid John Jacobs European Medicines Agency Centers For Disease World Health Organization Maryland Based Novavax

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