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Lyfegen, which presents a platform for value-based contracting for high-cost medicine, introduced it had raised $8 million in Collection A funding.

The spherical was led by aMoon, with the participation of APEX Ventures and different traders. The Swiss- and US-based startup presents software program that goals to assist pharmaceutical corporations, payers, suppliers and medical expertise corporations undertake value-based contracts. It features a library of contracts, instruments to simulate how the fashions will work earlier than deploying them, and information assortment to trace efficiency and outcomes.

“We at present work with main authorities payers and medical health insurance corporations in Europe, the US and the Center East, and a few of the world’s largest pharmaceutical corporations,” Girisha Fernando, CEO and founding father of Lyfegen, mentioned in a press release. .

“Our plan now could be to additional broaden our presence within the US, partnering with private and non-private medical health insurance corporations. The transfer away from volume-based well being care has by no means been extra obligatory, and we’re joyful to play a essential position within the change. to value-based contracting.

Sensible Stethoscope Firm Eko acquired a $2.7 million grant from the Nationwide Institutes of Well being to develop a machine studying algorithm that detects and classifies pulmonary hypertension.

the The Small Enterprise Innovation Analysis (SBIR) Part II direct grant will go in direction of an algorithm that makes use of phonocardiogram (PCG) and electrocardiogram (ECG) information collected by Eko’s stethoscopes to search out pulmonary hypertension, or hypertension, which impacts the arteries within the lungs and the best facet of the guts.

Eko beforehand partnered with Lifespan Well being System’s Cardiovascular Institute to gather real-world ECG and PCG information that can be a part of the algorithm’s improvement.

“The primary goal of this examine is to find out if an Eko algorithm primarily based on phonocardiography at the side of electrocardiography can determine the presence and severity of pulmonary hypertension in comparison with the present gold commonplace,” mentioned Dr. Gaurav Choudhary, principal investigator and director of cardiovascular ailments. analysis on the Lifespan Cardiovascular Institute.

“This machine studying algorithm has the potential to be a low-cost, easy-to-implement, and sustainable medical expertise that helps healthcare professionals determine extra sufferers with pulmonary hypertension.”

Eko mentioned that is his fourth SBIR grant. The corporate not too long ago acquired FDA 510(ok) clearance for an algorithm that detects and characterizes coronary heart murmurs in grownup and pediatric sufferers.

Halo, which presents a platform that goals to attach corporations and scientists for analysis and improvement, raised $2.6 million in seed funding.

Individuals within the spherical embody Uneven Capital Companions, Village International, AirAngels, 23andMe co-founder and CEO Anne Wojcicki, Superhuman e-mail consumer co-founder and CTO Conrad Irwin, and Rachel Hepworth, the corporate’s chief advertising officer. of organizational software program Notion.

The platform permits biopharmaceutical, medical gadget, client items and agricultural corporations to publish requests for proposals for particular wants or open calls round normal analysis pursuits. Scientists can then reply with their proposals and firms can choose researchers for partnerships.

Halo plans to make use of the seed to rent new employees, construct new collaboration options on the platform, and broaden its community of scientists.

“Collaborating on R&D is as a lot about relationships as it’s in regards to the analysis itself. But corporations nonetheless depend on practices that do not scale, like listening to a chat at a convention or studying {a magazine} article. This limits corporations to a handful of present relationships and sheer likelihood,” mentioned Kevin Leland, founder and CEO of Halo, in a press release.

“Halo connects company R&D groups immediately with scientists. By means of our platform, we designed the halo in order that corporations can shortly and simply seek for new applied sciences, broaden their networks globally, and construct relationships with scientists over time.” all yr”.

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