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Roundup: Irish medtech firm HealthBeacon to go public, AI startup Owkin scores $180m to advance oncology pipeline, and more

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November 28, 2021
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Roundup: Irish medtech firm HealthBeacon to go public, AI startup Owkin scores $180m to advance oncology pipeline, and more

Dublin-based medical adherence company HealthBeacon goes public

The Irish medical technology company HealthBeacon has announced that it will raise up to 25 million euros as part of an initial public offering (IPO) on the growing Euronext Dublin market.

The company, which offers adherence solutions for injectable drugs, will have a market value of around 100 million euros at the time of the planned IPO next month.

The number of patients using his injection treatment management system is expected to increase tenfold from late 2021 to late 2023, with a short-term goal of 100,000 units by the end of 2023.

Jim Joyce, CEO and Co-Founder of HealthBeacon, said, “HealthBeacon is at a critical juncture in its development and this IPO is the natural next step in accelerating the company’s growth.

“With the development of the world’s first FDA-cleared sharps container that greatly improves medical compliance for patients self-injecting drugs, the IPO will be a critical shift in building the company’s presence in its core markets the USA and Europe. “as a contribution to accelerating the use of HealthBeacon devices in these markets.”

AI startup Owkin will receive $ 180 million to advance the oncology pipeline

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French artificial intelligence (AI) and precision medicine startup Owkin has achieved unicorn status after making a $ 180 million investment from pharmaceutical company Sanofi.

The two companies will also collaborate on research and development programs in breast cancer, lung cancer, mesothelioma and multiple myeloma, with a total payment of $ 90 million for three years plus additional milestone-based payments.

Arnaud Robert, Executive Vice President and Chief Digital Officer at Sanofi, said, “Owkins’ unique methodology, applying AI to patient data from partnerships with multiple academic medical centers, supports our drive to use data in innovative ways in research and development.”

NHS launches platform to address mental health crises among young people

A new website has been launched by three London NHS trusts as part of an initiative to help young people in dire need of psychiatric care.

The “Best For You” platform combines specialized medical and psychiatric care with community services and digital tools for young people and their families who are looking for psychological support.

The Central and North West London NHS Foundation Trust (FT), the Chelsea and Westminster Hospital NHS FT and the West London NHS Trust worked with the charity CW + and other partners to bring the project to life.

The effectiveness of the program is being measured by Imperial College and the North West London NIHR Applied Research (NIHR) Collaboration in order to spread the new model across the NHS.

Healthtech startup Infermedica cooperates with German insurance giant

The AI-controlled health technology platform Infermedica has teamed up with the German insurance company Gothaer to advise customers in the healthcare sector.

Infermedica’s AI symptom checker is integrated into the Gothaer health app, offers users preliminary health advice and simplifies the route to additional health services. Gothaer looks after more than 667,000 health insurance customers who have access to the health app.

Natascha Jahn, Gothaer’s health manager, says: “The wealth of information on the Internet can be overwhelming, which is why we implemented Infermedica’s symptom checker to provide initial orientation.”

Zanzibar Healthtech program improves access to obstetrics

A digital health initiative in Zanzibar is providing the community with life-saving health services for mothers and children and improved access to health care.

The program was launched by the revolutionary government of Zanzibar with the support of the global digital health organization D-tree International.

As part of the Jamii ni Afya program, which was launched by the revolutionary government of Zanzibar with the support of the global digital health organization D-tree International, health workers are provided with mobile phones and an app that provides step-by-step instructions for health visits offers.

Jamii ni Afya also provides the government with real-time data that can be used to make informed decisions about strengthening the health system.

D-tree International CEO Erica Layer said, “Thanks to the leadership of the Zanzibar government, Jamii ni Afya is now bringing healthcare to their doorsteps and using technology to radically transform care so that everyone in Zanzibar can get one lead healthier lives. “

The Finnish startup’s bone cutting technology is used surgically for the first time

The Finnish startup Surgify has announced the first use cases of its bone surgery technology in patients.

The successful operations were performed last month at Helsinki University Hospital (HUS).

The risk of soft tissue damage during surgery can be up to 30%, but Surgify says its technology can help prevent such injuries and prevent bleeding, infection, and nerve injuries.

Head of HUS neurosurgery, Professor Mika Niemelä. said, “The Surgify device appears to be getting the soft tissue out of the way. This is a great benefit as a typical surgical drill that rotates tens of thousands of times in a minute can be very dangerous if it touches soft tissue. “

AI medicine platform helps create the medicine of the future in Moscow

A uniform digital medical platform for doctors and patients was implemented in Moscow.

The city’s adult polyclinics in the city have been equipped with an AI system that has helped generate more than 400,000 referrals for tests and provide more than two million preliminary diagnoses.

Moscow’s Deputy Mayor for Social Development Anastasia Rakova said, “Personalization and predication are impossible without the patient’s clinical context. This is very meticulous work, in which a model is developed for each person on the basis of well-structured data that reflects the state of their body and the physiological and biological processes taking place in it. “



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