The Healthcare Technology Report is your comprehensive source for business news, investment activity and corporate actions related to the software and SaaS sectors
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Function Health has secured $450 million in growth financing from General Catalyst’s Customer Value Fund, according to Fierce Healthcare. The financing comes eight months after the preventive health company raised a $298 million Series B round and will support the continued expansion of its testing, imaging, and personalized health platform...
Roche has named Dan Malarek President and Chief Executive Officer of Roche Diagnostics North America. Malarek assumed the role on August 1 after leading Foundation Medicine, Roche’s genomic testing affiliate. Based at the company’s North American headquarters in Indianapolis, he reports to Roche Diagnostics Global Chief Executive Officer Matt Sause...
JPMorganChase plans to deploy more than $750 billion through 2035 to help build or preserve 1 million affordable homes and assist 500,000 people with buying a house. The commitment represents a nearly 40% increase from the housing capital the bank deployed during the previous decade. Through its American Dream Initiative, the bank will increase mortgage lending by more than 40% and hire 850 Home…
Ozlo has launched the second generation of its sleep-focused earbuds, expanding their role beyond overnight audio with movement, breathing, and bedroom-condition tracking. Sleepbuds 2 use in-ear sensors to monitor movement and breathing, while the charging case measures sound, light, and temperature...
Johnson & Johnson is paying $785 million upfront to partner with Sail Biomedicines on experimental cell therapies for autoimmune diseases, while securing the exclusive right to acquire the biotech for another $2.58 billion. The initial payments include a $465 million equity investment. Sail could receive another $140 million if its programs reach certain development milestones, bringing the…
Mike joined fellow CEOs and founders in discussing growth-company scaling, leveraging AI, and evolving market dynamics. Under Mike’s leadership, Monogram Health has grown into a national provider of in-home, multispecialty care for patients with multiple chronic conditions...
Legend Biotech has appointed CARVYKTI business leader Alan Bash as Interim Chief Executive Officer following the departure of Ying Huang, who stepped down as chief executive officer and resigned from the company’s board. Huang joined Legend as chief financial officer in 2019 and became chief executive officer in September 2020...
Hims & Hers Chief Accounting Officer Irene Becklund will leave the company on October 9 after more than seven years, prompting Chief Financial Officer Yemi Okupe to assume her responsibilities while the digital health company searches for a successor. Becklund notified Hims & Hers of her resignation on July 13. The company said in a securities filing that her departure was unrelated to any…
GE HealthCare Chief Financial Officer Jay Saccaro is leaving the medical technology company to take an expanded finance and operations role at animal health company Zoetis. Saccaro will depart GE HealthCare on August 14 and become Zoetis’ Executive Vice President, Chief Financial Officer and Chief Operating Officer on August 17...
The FDA has licensed Teleflex’s EZPLAZ, making it the first freeze-dried plasma product approved for use in the U.S. EZPLAZ is approved for adults who require plasma when conventional products are unavailable. Potential uses include uncontrolled bleeding, massive transfusions, coagulation deficiencies, and temporary reversal of warfarin in certain patients...