M&A Corner
$1M Funding for AI Drug Discovery for Rare Diseases and More Digital Health Fundings26 Dec 2023
Indian AI drug discovery firm Peptris Technologies secures $1 million in pre-seed funding led by Speciale Invest, aiming to expand... Continue Reading
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PureTech Founded Entity Karuna Therapeutics to be Acquired by Bristol Myers Squibb for $14 Billio26 Dec 2023
PureTech’s Karuna Therapeutics, Inc. (NASDAQ: KRTX) enters a merger agreement with Bristol Myers Squibb (NYSE: BMY) for $14.0 billion, aiming... Continue Reading
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Theseus Pharmaceuticals Enters into an Agreement to Be Acquired by Concentra Biosciences for between $3.90 and $4.05 in Cash per Share Plus a Contingent Value Right26 Dec 2023
Theseus Pharmaceuticals (NASDAQ: THRX) enters a definitive merger agreement with Concentra Biosciences for $3.90 to $4.05 per share in cash,... Continue Reading
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Molina Healthcare Acquires Bright HealthCare’s California Medicare Business for $425M26 Dec 2023
Molina Healthcare revises Bright HealthCare’s California Medicare business acquisition, securing an $85M discount, showing continued commitment while enhancing value. The... Continue Reading
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Absci, PrecisionLife Partner to Develop AI-Enabled Drug Pipeline26 Dec 2023
Absci and PrecisionLife join forces to innovate drug development via AI. This partnership targets five biotherapeutic projects, blending expertise in... Continue Reading
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AI Integration Strategies Require Patient Focus, Partnerships.26 Dec 2023
At the HIMSS AI in Healthcare Forum, experts emphasized strategic AI adoption in healthcare. Anne Snowdon stressed setting clear goals,... Continue Reading
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UNP Scores $32M for AI-Powered Macrocycle Therapeutics.26 Dec 2023
Unnatural Products, Inc. (UNP) secures $32M in Series A funding, led by Merck Global Health Innovation Fund and ARTIS Ventures.... Continue Reading
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KAID Health Secures $9M to Drive AI-Driven Healthcare Efficiency26 Dec 2023
KAID Health secures $9M funding, led by Activate Venture Partners and others, to expand its AI-driven healthcare solutions. Their flagship... Continue Reading
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The White House gets pledges from big healthcare players on AI safety and ethics.18 Dec 2023
The Biden Administration, following its AI-focused executive order, revealed healthcare leaders’ pledges on AI transparency and risk management. Twenty-eight major... Continue Reading
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TREND Health Acquires Advent for AI-Powered Healthcare Payment Accuracy18 Dec 2023
TREND Health Partners acquires Advent Health Partners, merging AI-driven platforms to streamline healthcare revenue cycles. Advent’s CAVO®, focused on medical... Continue Reading
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