May 27, 2021
KUALA LUMPUR, MALAYSIA - Media OutReach - 27 May 2021 - Emissary Capital , a boutique investment firm focusing on ASEAN, and GrowthX, a Silicon Valley-based venture capital fund and go-to-market accelerator, today announced their partnership to launch MXP Online - the GrowthX Go-to-Market Accelerator - across ASEAN.
MXP Online is a go-to-market accelerator program designed to give companies the processes and knowledge frameworks to accelerate their businesses/products towards effective market fit. This allows businesses to generate revenues and profits faster through products that are better suited to the markets they are addressing. This is a skillset often overlooked by most accelerator programs that tend to focus little on market-based curriculums. This is also a crucial skillset for businesses operating in the ASEAN region that is renowned for high levels of market fragmentation and where businesses may need to re-develop market fit multiple times acros
SG-based Engine Biosciences raises $43m Series A led by Polaris Partners
Jeffrey Lu, Co-Founder and CEO, Engine Biosciences.
May 26, 2021
Singapore and Silicon Valley-based biotech firm Engine Biosciences on Wednesday announced it has raised $43 million (S$57 million) in a Series A round led by US-based healthcare and technology investor Polaris Partners.
The round was joined by private equity firm Invus and an undisclosed institutional investor based in Singapore, the firm said in a statement.
Existing investors that participated in the financing include 6 Dimensions Capital, WuXi AppTec, DHVC, EDBI, Baidu Ventures, Vectr Ventures, Goodman Capital, WI Harper, and Nest.Bio.
Engine Biosciences was co-founded in 2015 by Massachusetts Institute of Technology professors Timothy Lu and James J Collins, University of California San Diego associate professor Prashant Mali, Mayo Clinic associate professor Hu Li, and entrepreneur Jeffrey Lu.
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Startup Says Digital Health Co. Lied About Acquisition
Law360 (May 26, 2021, 6:39 PM EDT) A Silicon Valley-based medication management startup has launched Illinois state fraud claims against digital health company UpHealth Services Inc., claiming the company destroyed the startup by lying about its intention to acquire the business in a deal potentially worth $18 million.
PillDrill Inc. claimed Monday that UpHealth and chief executive Chirinjeev Kathuria fraudulently led the medical technology startup to believe for a year that it would be a uniquely significant part of a rollup transaction UpHealth anticipated completing in December by merging with a special purpose acquisition company to go public.
Bitscopic s Next Generation Clinical Surveillance Software to be Implemented in VA Hospital
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One of the critical capabilities that PraedAlert provides for Infection Prevention and Antimicrobial Stewardship programs is the immediate access to 5 years of lookback data at go-live PALO ALTO, Calif. (PRWEB) May 25, 2021 Bitscopic announced today that the US Department of Veteran’s Affairs West Palm Beach Medical Center (a member of the VISN 8 Network) has signed a 5 year contract to implement the PraedAlert Clinical Surveillance Software system. This will replace the previous system from Theradoc which had been in use at the West Palm Beach Center.