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More than a billion dollars of mergers and acquisitions and more than $347M million of public and private capital to fund new developments fueled a strong first quarter in Medical Alley. Boosted by the return of the Angel Tax Credit Program (ATCP), 43 companies raised $109 million in private capital and $238 million was raised […]
Bright Health Acquires Zipnosis, Enters Telehealth Market ANI Pharmaceuticals Expands Branded Products Portfolio Through Acquisition of Sandoz Inc. NDAs Celcuity Announces Worldwide Licensing Agreement with Pfizer to Develop and Commercialize Gedatolisib, a First-in-Class PI3K/mTOR Inhibitor for Breast Cancer Cardiovascular Systems, Inc. Announces Investment and Acquisition Option Agreement With Telehealth Company, CarePICS, LLC Nicole Walker Named […]
Gravie Secures $28 Million in Financing Led by AXA Venture Partners Takeda Grants J&J German Production Capacity for COVID-19 Shot GE Healthcare Launches New Wireless Hand-Held Ultrasound as CEO Eyes Growing Market Inspire Medical Systems, Inc. Announces FDA Approval of Two-Incision Implant Procedure Kindeva Seals Deal to Expand Operations at Charnwood Campus Blue Cross and […]
NAMSA Begins Next Chapter of Growth Under Newly Appointed CEO, Dr. Christophe Berthoux Best Hospitals 2021 – United States Jodi Hubler Rejoins Central Logic Board of Directors Boston Scientific Plans New Building on Maple Grove Campus ANI Pharmaceuticals to Acquire Novitium Pharma, Strengthening R&D Engine and Expanding Generics and CDMO Business Medtronic Taps Walmart Exec […]
Bright Health, Bind Benefits account for half of venture capital invested nationally. 2020 was a record year for investment in Medical Alley startups. The region raised $1.4 billion, exceeding $1 billion by Q3, on the heels of breaking $1 billion in 2019. Health plan startups Bright Health and Bind Benefits, along with digital device company […]
HistoSonics Receives Approval to Begin European #HOPE4LIVER Clinical Study Steris to Acquire Cantel Medical in $4.6B Deal Recombinetics Inc. Announces Neurofibromatosis Type 1 Research Collaboration with AstraZeneca OX2’s New Treatment for Central Nervous System Tumors Enters Phase I Clinical Trials Health, Tech Groups Aim to Create Digital Covid ‘Vaccination Passport’ Respicardia Announces Highmark Coverage for the […]
Tactile Medical Announces Sheri Dodd to Board of Directors UnitedHealth’s Optum to Buy Data Analytics Firm Change Healthcare in $13 Billion Deal Functional Neuromodulation Announces Breakthrough Device Designation from the U.S. FDA for Deep Brain Stimulation for Alzheimer’s Disease Bright Health Outperforms Expectations During Open Enrollment and Accelerates Its Membership Growth in 2021; Announces Agreement […]
B2 Mask Named to TIME’s List of 100 Best Inventions of 2020 BARDA Expands Partnership with DiaSorin Inc to Develop an Enhanced IgG Assay for Determining COVID-19 Patient Exposure and Immune Status Joe Biden’s Plan for COVID-19 and How the Industry is Reacting 3M Announces James Momon as Vice President, Equity & Community and Chief […]
A year after raising over $1 billion in capital for the first time ever, Medical Alley companies accomplished the feat again, this time needing just three quarters to pass the $1 billion mark. Medical Alley was already known as The Global Epicenter of Health Innovation and Care™, but back-to-back years with over $1 billion raised […]
Bright Health Inc. Announces $500 Million Series E Funding Including Significant Investments by Tiger Global Management, T. Rowe Price Associates, Blackstone, NEA and Bessemer Venture Partners Bind Launches Into the Fully-insured Market Spineology Gets FDA De Novo Grant of Minimally Invasive OptiMesh Expandable Interbody Fusion System Medtronic gains breakthrough nod for VAD driveline Fast Company […]