Oura, Maven Clinic team up to bring biometric data into clinical care

Oura, Maven Clinic team up to bring biometric data into clinical care

Kate Ryder, CEO of Maven, speaking at the CNBC Changemakers Summit in New York on April 18th, 2024. Danielle DeVries | CNBC Women’s and family health platform Maven Clinic is partnering with smart ring maker Oura, a step forward in the integration of the increasing amount of data being collected by wearable devices and clinical … Read more

Pain management startup Sword Health expands into mental health, raises $40 million

Pain management startup Sword Health expands into mental health, raises  million

Sword Health, a startup focused on helping people deal with pain through digital services, is expanding into mental health and has raised additional capital to fuel its growth. The 10-year-old company is introducing Mind, which uses a combination of artificial intelligence, hardware and human mental health professionals to treat patients with mild depression and anxiety. … Read more

Anne Wojcicki to buy back 23andMe and its data for $305 million

Anne Wojcicki to buy back 23andMe and its data for 5 million

23andMe founder Anne Wojcicki speaks during a House Committee on Oversight and Government Reform hearing in Washington, D.C., on June 10, 2025. Andrew Harnik | Getty Images Anne Wojcicki, the co-founder and former CEO of 23andMe, has regained control over the embattled genetic testing company after her new nonprofit, TTAM Research Institute, outbid Regeneron Pharmaceuticals, … Read more

What’s next for Oura Ring in personal health and fitness monitoring, according to CEO Tom Hale

What’s next for Oura Ring in personal health and fitness monitoring, according to CEO Tom Hale

When the idea for the Oura Ring was first spawned in 2013, the company’s founders envisioned a device that would take a precise look at sleep and recovery, two important aspects of overall health that they felt few wearable tools had prioritized to that point. Now, over a decade later, Oura’s ambitions have evolved to … Read more

Omada shares pop 42% in Nasdaq debut after health tech company’s IPO

Omada shares pop 42% in Nasdaq debut after health tech company’s IPO

Omada Health shares jumped more than 40% in their Nasdaq debut Friday after the virtual chronic care company priced its stock at $19 per share in its IPO. The stock opened at $23 and quickly traded past $27. The company said in a press release late Thursday that it sold 7.9 million shares in the … Read more

Omada Health prices IPO at $19 per share, in middle of expected range

Omada Health prices IPO at  per share, in middle of expected range

Omada Health virtual health program. Courtesy: Omada Health Omada Health priced its IPO at $19 per share on Thursday, in the middle of the expected range. The virtual chronic care company said in a press release that 7.9 million shares are being sold in the offering, amounting to $150 million. Omada, founded in 2012, will … Read more

It’s not just AI — China’s quickly gaining an edge over the U.S. in biotech

It’s not just AI — China’s quickly gaining an edge over the U.S. in biotech

Two graduate students research chemical products in a laboratory in Xiwangzhuang Town, Zaozhuang City, Shandong province of China, on Dec. 26, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — For all the attention on U.S.-China competition in artificial intelligence, new studies point to China’s rapid rise in biotechnology, especially for drug and agricultural development. … Read more

Elon Musk’s Neuralink raises $650 million in fresh capital

Elon Musk’s Neuralink raises 0 million in fresh capital

Jonathan Raa | Nurphoto | Getty Images Elon Musk’s brain tech startup Neuralink has closed a $650 million funding round, the company announced Monday. ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other firms participated in the round, according to a press release. Neuralink said the fresh capital will help the … Read more

Neuralink competitor Paradromics completes first human implant

Neuralink competitor Paradromics completes first human implant

Dr. Matthew Willsey working in the operating room. Courtesy of the University of Michigan Neurotech startup Paradromics on Monday announced it has implanted its brain-computer interface in a human for the first time.  The procedure took place May 14 at the University of Michigan with a patient who was already undergoing neurosurgery to treat epilepsy. … Read more

Omada Health aims to go public with market cap of up to $1.1 billion

Omada shares pop 42% in Nasdaq debut after health tech company’s IPO

Omada Health smart devices in use. Courtesy: Omada Health Omada Health plans to raise up to $158 million in its up coming IPO, attaining a market cap of about $1.1 billion at the top end of its expected range, according to a filing on Thursday. The virtual chronic care company filed its prospectus earlier this … Read more