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Cue Health Announces Completion of $235 Million Private Financing to Accelerate Growth


Cue Health Announces Completion of $235 Million Private Financing to Accelerate Growth
Investment Includes Participation from Perceptive Advisors, MSD Capital, Koch Strategic Platforms, and Johnson & Johnson Innovation - JJDC, Inc. (JJDC)
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SAN DIEGO, May 13, 2021 /PRNewswire/  Cue Health Inc. ( Cue Health or Cue ), a health technology company, today announced the closing of a $235 million private financing round. The investment  includes participation from new investors Perceptive Advisors, MSD Capital, and Koch Strategic Platforms, a subsidiary of Koch Industries, existing investors Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Decheng Capital, CAVU Ventures, ACME Capital, and others. The capital will be used to accelerate Cue s growth as it pioneers a digital transformation of healthcare, beginning with diagnostics. ....

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Cue Health Raises $235M in Financing


Cue Health Inc., a San Diego, CA-based health technology company, closed a $235m financing round.
Backers included Perceptive Advisors, MSD Capital, and Koch Strategic Platforms, a subsidiary of Koch Industries, existing investors Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Decheng Capital, Cavu Ventures, ACME Capital, and others.
The company intends to use the funds to accelerate growth.
Led by Ayub Khattak, co-founder and CEO, Cue is a health technology company that enables people to manage their health through real-time, actionable and connected health data. The company offers individuals and healthcare providers access to lab-quality diagnostic testing at home, at work, or at the point-of-care, all in a handly device. ....

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Cue Health Launches New COVID-19 Testing Program for Schools


Cue Health Launches New COVID-19 Testing Program for Schools
Med-tech company Cue Health hopes to expand the use of its COVID-19 test among schools looking for fast and accurate results through a new program announced Monday. The company says the test is simple to administer and read, without the need for a lab.
A contributed photo from Cue Health shows how its proprietary over-the-counter COVID-19 test can be administered and read via a cartridge reader connected to a mobile device.
Public school districts across the country are on the lookout for new methods to monitor the spread of COVID-19 as millions of K-12 students make the gradual return to in-person learning. And with some tests taking days to record and send results, officials need tests that promise both speed and accuracy. ....

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Cue Health Launches 'Cue for Schools,' an On-Site Molecular Testing Solution for K-12 and Universities


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SAN DIEGO, April 5, 2021 /PRNewswire/  Cue Health Inc. ( Cue ), a healthcare technology company, today announced Cue for Schools, a COVID-19 on-site testing solution for K-12 schools and universities that uses the Cue Health Monitoring System and the Cue COVID-19 Test for Home and Over The Counter (OTC) Use, the nation s first molecular diagnostic test available without a prescription with Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration (FDA). Cue s easy-to-use, portable COVID-19 test provides lab-quality results directly to connected mobile smart devices in about 20 minutes and Cue s natively digital platform allows for end-to-end integrated reporting to meet both state and federal reporting standards. Cue s OTC COVID-19 test can be administered by anyone, anywhere making it easy for schools to utilize. As part of the Cue for Schools program, schools will receive customized on-site or virtual support ....

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