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moncyte health secures funding to enhance personalized treatments for high cholesterol

MONCYTE Health has secured €1 million in seed funding to enhance its personalized treatment technology for high cholesterol, a major cardiovascular risk factor. The investment, led by Finnish venture capital firms, aims to advance a unique diagnostic approach that quantifies cellular lipid uptake, enabling tailored therapies for patients. This innovative technology promises to improve cholesterol management and reduce cardiovascular disease risk by providing insights into the cellular mechanisms involved.
Med-Tech Innovation
Euro Inventure Oy Business Finland Oy MONCYTE Health Almaral Oy University of Helsinki Funds Athensmed Oy FIN Simon Pfisterer Tamara Alagirova Kustaa Piha Sami Lampinen Maria Severina Show more
Healthcare, Press Release
09:00 08.10.2024

telemedicine market transformation driving future healthcare delivery and innovation

The telemedicine market is experiencing significant growth, projected to reach US$313.9 billion by 2031, driven by increased demand for remote healthcare, technological advancements, and supportive policies. Challenges such as data security and accessibility remain, but opportunities in specialty services and AI integration are emerging. As telemedicine reshapes healthcare delivery, it promises to enhance patient care and accessibility.
openPR.com
Persistence Research & Consultancy Services Ltd. GBR
Healthcare, Market Report
09:00 08.10.2024

new regulatory office launched to accelerate innovation and reduce red tape

The UK has launched the Regulatory Innovation Office (RIO) to expedite the approval of emerging technologies, including AI in healthcare and delivery drones, by reducing regulatory red tape. This initiative aims to foster economic growth and enhance public services, aligning with the government's commitment to innovation. The RIO will initially focus on engineering biology, space, AI in healthcare, and connected technologies, collaborating with various government departments to streamline regulations and support businesses.
GOV.UK
Royal Mail Ltd. Bioindustry Association GBR Steve Bates OBE Neil Ross Peter Kyle Show more
Technology & Innovation, Press Release
09:00 08.10.2024

france poised to lead global metaverse development by 2030

The metaverse could add $1.5 trillion to the global economy by 2030, with France poised to lead in this sector due to its skilled workforce and innovative companies. The healthcare sector is particularly dynamic, showcasing successful applications of VR and AR technologies that enhance patient care. However, achieving large-scale development requires significant investment and collaboration among various stakeholders.
bigmedia.bpifrance.fr
Euro Dassault Systemes SE Lynx RH UBI Soft SA FRA Nicolas Schaettel Alexandre Michelin Eric Vibert Show more
Technology & Innovation, Market Report
09:00 08.10.2024

Haoxi Health Technology reports significant revenue and profit growth for FY24

Haoxi Health Technology projects FY24 revenue of $48.52 million, up from $28.23 million last year, driven by growth in online advertising solutions, particularly short video formats and news feed ads. The company reports a gross profit of approximately $2.75 million and a net income of about $1.29 million, reflecting increases of 33.4% and 33.2%, respectively. Total assets surged to approximately $15.51 million as of June 30, 2024, highlighting operational scale and capital utilization post-IPO. CEO Zhen Fan emphasized the strength of their business model and commitment to the healthcare sector.
@YahooFinance
United States Dollar Haoxi Health Technology Limited CHN Zhen Fan
Finance & Economy, Market Report
09:00 08.10.2024

esb invest backs hypros to enhance healthcare asset tracking and digitalization

ESB Invest has acquired a stake in Hypros, a leader in healthcare asset tracking, to enhance its IoT platform and support digitalization in the healthcare sector. The investment, part of a consortium with MIG Capital and MBG Mecklenburg-Vorpommern, aims to improve patient safety and ease the workload of healthcare staff through innovative tracking solutions.
@startbase1
MIG Capital AG Mittelständische Beteiligungsgesellschaft (MBG) Mecklenburg-Vorpommern Hypros GmbH ESB Invest GmbH DEU Maximilian Block Show more
Technology & Innovation, Press Release
09:00 08.10.2024

california ballot measure aims to boost healthcare funding amid federal concerns

Proposition 35 aims to secure billions for Medi-Cal by increasing payments to doctors treating low-income patients, but critics warn it could jeopardize federal funding due to its tax structure. The measure caps taxes on commercial insurers, potentially leading to significant revenue losses if federal regulations change. While supporters argue it will stabilize Medi-Cal, opponents express concerns over its long-term implications for healthcare access and funding flexibility in California.
CalMatters
California Medical Association Global Medical Response Inc. California Health Care Foundation California Hospital Association USA Molly Weedn Gavin Newsom Mayra Alvarez Kiran Savage-Sangwan Caroline Menjivar Show more
Finance & Economy, News Article
09:00 08.10.2024

swiss medical network expands with acquisition of centromedico practices in ticino

Swiss Medical Network has acquired PDS Medical, which operates ten Centromedico practices in Ticino, aiming to establish a new integrated regional health network in Switzerland. This initiative, inspired by the Réseau de l'Arc, will introduce the Viva health plan in Ticino starting January 1. PDS Medical, which generated 42 million francs in sales last year, plays a crucial role in providing primary medical care to the local population.
Corriere del Ticino
Swiss Franc Swiss Medical Network SA PDS Medical SA Aevis Victoria SA CHE Show more
Healthcare, Press Release
09:00 08.10.2024

big lenders poised for growth in investment banking sector

Big lenders are anticipated to report a resurgence in investment banking activities, signaling a potential recovery in the sector. This upswing could reflect broader market trends and increased deal-making as financial institutions adapt to changing economic conditions.
barrons.com
United States Dollar Barron's 400 ETF Sub-Fund USA
TradFi, Market Report
07:00 08.10.2024

China's stimulus measures aim to boost mining sector and investor sentiment

BHP has upgraded its rating to Buy, citing overly pessimistic assumptions about iron ore prices and Chinese growth. Recent Chinese stimulus measures, including interest rate cuts and support for the housing sector, aim to boost investor sentiment despite ongoing weak steel production. The mining sector remains sensitive to commodity price fluctuations and currency movements, with a focus on long-term asset management and capital allocation.
IG
Australian Dollar Brazilian Real Canadian Dollar United States Dollar Chinese Yuan BHP Group Limited AUS Mike Henry Pan Gongsheng
TradFi, Market Report
06:46 08.10.2024
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