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The New York-based company posted a net loss of $1 billion, or $5.87 per share, causing its stock price to fall around 15%.
The 2025 Black Ambition Prize Competition will award more than $1 million to early-stage underrepresented entrepreneurs innovating in healthcare, AI and technology.
This comes five years after Advent Partners and Geoffrey Sayer, who became its CEO, bought the company.
Clinicians will be able to access medical data through Corti's Assistant app.
Launched from the Mayo Clinic Accelerator Program, the medical search platform uses AI to aggregate medical research.
The company has received 12 US FDA approvals.
The company offers services like sperm cryopreservation, fertility testing, testosterone treatments, and vasectomies.
The announcement comes just three months after XRHealth announced it acquired cognitive training VR platform NeuroReality and its assets.
Daniel Kraft, physician-scientist and founder of NextMed Health and Digital.Health, joined MobiHealthNews to discuss the evolution of AI in medicine and the future of medtech.
Kauvery Hospital invests in Lifesigns
Lifesigns has received undisclosed funding from Kauvery Hospital Group's investment arm, Healthcare Capital.