Investing
With these funds, the telehealth company said it will be expanding platform and launching new supporting products and services.
Plus: Amazon says Halo to the wearable space.
Also: Skin Analytics' Series A contributes to AI-based detection of potential skin cancer; China's LickDoc supports its healthcare big data repository with $102 million.
This morning, clinical-navigation platform Grand Rounds announced a whopping $175 million investment round led by the Carlyle Group.
This news comes just months after it closed its $25 million Series B round.
Since launching its SedaKit for Digital Sedation product in June 2019, the Belgian company said more than 60,000 patients have used its digital therapy.
Walk-through cancer diagnoses and robotics muscles among the six projects aimed to transform NHS healthcare delivery.
Biofourmis has restructured its business to pursue its original focus on data-driven patient monitoring alongside its more recent interest in standalone and companion digital therapeutics.
The funding will also help get much-needed therapies to patients faster.
The company's implanted product acts as a closed-loop system that monitors and responds to brain activity by automatically delivering stimulation prior to the start of a seizure.