XORTX is a biopharmaceutical company focused on developing drugs that could reduce serum acid uric levels. An Initiation Equity Research Report on XORTX was published by eResearch on August 16, 2020. [more]
Last month Amwell and GoodRx, two telehealth-focused companies, listed publicly through IPOs. Amwell raised $922M with a current market cap of $7.8B, while GoodRx raised $1.3B with a current market cap of $20B. [more]
In September, CloudMD announced a series of acquisitions to expand its telehealth services. CloudMD spent approximately $19M on three acquisitions, including Benchmark Systems, iMD Health Global, and Snapclarity. [more]
In an effort to improve services for patients, healthcare companies are focusing on acquiring and developing AI technologies to enhance administrative and operational capabilities. Last year, global AI venture capital investments in the healthcare and pharmaceutical sector reached $2.4B compared with $1B in the prior year. [more]
This past quarter, the HealthTech industry experienced a significant boost in activity and growth as the pandemic stimulated the digitization of various healthcare services. However, companies working directly with patients for physical appointments experienced various complications due to procedures being postponed. [more]
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