Business
The company, which uses artificial intelligence to make sense of unstructured clinical information like EHR data, raised $18 million in June 2021.
Reify said it will use the investment to focus its tools on increased diversity in clinical trials.
Also, clinicians urgently require digital health training, says Elsevier Health report.
The proposed acquisition and research partnership will add to the biopharmaceutical giant's growing digital capabilities and bolster its efforts "to pave a new era for digital health".
Also: Virtual ketamine therapy company Nue Life Health brings in $23 million in Series A and debt financing, and Source Health launches out of stealth with a $3 million seed.
This acquisition will allow quip to offer virtual dental care.
Also: RPM company Blue Spark Technologies brought in $40 million in IP-backed debt financing, and Click Therapeutics secured a $15 million loan.
This marks THREAD's third recent acquisition, including the inVibe deal announced early this year and the Modus Outcomes purchase from November.
DUOS emerged from stealth with a $6 million seed in June.
Digital health startups raised $10.4 billion worldwide in Q1, according to CB Insights' report.