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'Podnosis': What’s next for health tech investing in 2024?

Fierce Healthcare

The digital health and health tech sectors had a tough year in the wake of the COVID-19 pandemic, navigating through a turbulent hype cycle. They share what it will take to get health tech out of its current market lull and explore whether we’ll see a rebound in IPOs this year.

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Health tech investor Glen Tullman launches 62 Ventures, a new $100 million fund

STAT

You’re reading the web edition of STAT’s Health Tech newsletter, our guide to how technology is transforming the life sciences.    The plan, he told me, is to use the new fund to invest in startups that fall outside the strict digital health focus of his well-known fund 7wireVentures.

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STAT+: Health tech investors are getting selective. Expect slow growth, consolidation

STAT

Venture firms backing health tech startups are telegraphing cautious optimism for 2024, advising startups to expect smaller and fewer checks as well as possible market consolidation but not to abandon hope just yet as investments stabilize following a sharp drop-off. Continue to STAT+ to read the full story…

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Oracle Health integrates generative AI, voice tech into EHR system to automate medical note-taking

Fierce Healthcare

Software giant Oracle has integrated generative AI services into its Cerner electronic medical record system as health IT companies race to harness this cutting-edge tech for providers. The use of AI will help reduce physician "pajama time," Oracle executives said Tuesday.

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Takeda, Janssen join wearable maker to measure scratching, and other health tech news

STAT

You’re reading the web edition of STAT’s Health Tech newsletter, our guide to how technology is transforming the life sciences.    Sign up to get it delivered in your inbox every Tuesday and Thursday.     Read the rest…

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STAT+: Bubble bursts: 2021 health tech IPOs and SPACs lose value, burn cash

STAT

In less than two years, digital health’s high-flying class of public debuts have landed with a resounding thud. Twelve companies have lost more than 90% of their initial value, including Bright Health Group, Cue Health, and Better Therapeutics. Today, three members of the class of 2021 have gone bankrupt.

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AstraZeneca launches health-tech business, Evinova

Pharmafile

AstraZeneca has announced that it has launched Evinova, its new health-tech business, which it is hoped will become a leading provider of digital health solutions for healthcare professionals, regulators and patients.

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