Business
The funds will be used to scale its remote monitoring platform.
Also: Santosh Mohan leaves MassGen Brigham for Moffitt Cancer Center and Zipari names C-suite hires.
The company has now raised a total of $212 million.
A new survey by Catalyst@Health 2.0 reveals that more than half of digital health companies reported higher than expected revenue last year.
Founded in 2016, the company runs an online insurance marketplace and a platform for medical crowdfunding.
The funds will help the company with R&D and expanding clinical services.
Science 37 will have an initial enterprise value of approximately $1.05 billion.
With this acquisition, Walmart Health will add nationwide virtual care options across primary care, urgent care and behavioral health to its clinics' service portfolio.
This brings the company's total funding to roughly $88 million.
Peloton anticipates treadmill recalls will cost the company roughly $165 million.