New York, US-based remote behavioral intervention startup AbilTo bagged $6 million in a Series B funding round led by Blue Cross Blue Shield to help maintain people's mental health from afar.
Medical
Indian software firm Persistent Systems invests in California hygiene startup Hyginex
Pune, India-based software services firm Persistent Systems used its venture capital fund to invest an undisclosed amount in California, US-based hand hygiene solutions startup Hyginex for its international expansion.
San Francisco's Metabiota pockets $2.38M in venture round to monitor viral diseases
San Francisco, US-based health tech firm Metabiota pocketed $2.38 million in a venture round to monitor emerging threats of viral diseases around the world using big data analysis.
Procured Health secures $4M in Series A round
Procured Health, the startup that seeks to provide transparency to the pricing of medical devices, has received $4 million from FCA Venture Partners for its Series A funding round, VentureBeat reported.
Invendo Medical closes $28M for recent funding round led by Xeraya Capital
Colonoscopy system maker Invendo Medical was able to secure $28 million for its latest funding round led by new backer Xeraya Capital, a statement about the funding said.
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UK-based medical professionals' e-learning network Meducation picked up $1 million in seed capital from the Technology Strategy Board and private investors to help medical students and practitioners gain access to more educational materials.
San Leandro, US-based hearing product developer iHear Medical launched a crowdfunding campaign via Indiegogo to make personalized hearing aids available for 350 people worldwide with hearing impairment.
Milford, US-based analytical lab instrument manufacturer Waters Corp invested €400,000 in Cork, Ireland-based INFANT centre in the University College Cork (UCC) where a test for premature birth is being developed.
Bacterin International Holdings Inc has secured $4 million more in funding from OrbiMed and will be issuing 1.5 million shares of common stock to the investment firm as part of the deal, a statement about the funding said.
An unnamed Washington, DC-based angel investment group supported Ohio-based mobile health application service provider iRxReminder with a $250,000 investment for its seed round, a statement about the financing said.
California, US-based venture capital firm Norwest Venture Partners (NVP) took a controlling stake in Brighton, New York-based medical device firm iCardiac Technologies for an undisclosed sum.
Ranbaxy Laboratories has recalled 64,000 bottles of its generic version of Lipitor in the US after a 20-milligram tablet was found in a bottle for 10-milligrams, Reuters reported.
Former US Representative William Delahunt said medical marijuana is "not the golden calf" and he does not expect profits for the next several years from his medical marijuana dispensaries, the Cape Cod Times reported.
The Alfred Mann Foundation (AMF) launched Minnesota-based medical device startup Medallion Therapeutics to develop implantable infusion pumps that will administer drugs to patients with diabetes and neurodegenerative disease.
