Fractyl Health sets terms for $110 million IPO

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Top Story Metabolic Disorder-Focused Fractyl Health 'GUTS' Out a $110 Million IPO Fractyl Health will use the IPO proceeds for pivotal testing of a medical device and surgical procedure intended to address root causes of diabetes and obesity. The Fractyl pipeline also includes a gene therapy for these conditions. Calling Startups and Accelerators Do you focus on oncology, cardiology, women's health, or burnout and operational efficiency? If so, then apply to pitch at INVEST 2024. There is no fee to apply and each track will feature six finalists. This is the perfect way to make new connections, find investors/get additional funding, and a chance to win $20K in advertising for your startup. Deadline to apply is February 29, 2024. Apply Today

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Simplifying the Maternal Care Network A new era in maternal care is emerging with the advent of maternity care management platforms. Innovative organizations are centralizing the coordination of all patient care aspects, seamlessly integrating with providers' electronic health records, existing workflows, and health information exchanges. Bridging the Impact Gap in Cancer R&D It is critical that we rightsize and redistribute available funds based on our knowledge of persistent cancer disparities to help more patients benefit from potentially lifesaving innovations and ensure no one is left behind. Neuro Biotech Alto Adds $128M in IPO Cash for Biomarker-Based Psych Drugs Alto Neuroscience will apply the IPO proceeds toward clinical tests of its psychiatric drugs in patients who exhibit certain biomarkers. The company's two most advanced programs are depression drugs in mid-stage development. Staying Competitive With Consumerism in Healthcare Adapting to healthcare consumerism is vital for providers to stay competitive. Shifting from traditional roles to informed consumers requires embracing transparency, technology, and personalized care. Foodsmarts' New Program Allows Doctors to Prescribe Produce Just as Easily as They Can Medication Foodsmart is rolling out its new program that enables doctors to refer their patients to Foodsmart's dieticians and healthy eating platform, as well as write prescriptions for healthy food just as easily as they might a normal pharmacy prescription. The initiative is being rolled out at Advocate Health, Intermountain Health and Memorial Hermann Health System. How Employers Can Manage the Rising Costs of Insurance One new solution that's becoming an emerging standard is the Health Payment Account (HPA). HPAs offer employees a line of interest-free credit that employees can use to pay for care expenses up-front. Startup Launches To Support Low-Income Patients with Complex Needs Accompany Health launched Tuesday with $56 million in Series A funding. It offers primary and behavioral care for underserved patients. It also provides social care, such as food, housing and transportation assistance. StartUpdates: New Developments for Healthcare Startups Check out news from Alpha Sophia, Wisedocs, Swift Medical, and Isaac Health.

Resources

Affordable Surgical Robots In this MedCity Pivot Podcast episode, Anne Osdoit, CEO of Moon Surgical and Partner at European venture capital firm Sofinnova Partners, explains more about the Maestro System that Moon Surgical has built along with its unique business model. Listen Now

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