uBiome Has a Leadership Problem Amid FBI Woes: Brainstorm Health

Happy Monday, readers! The Wall Street Journal and Business Insider report that uBiome, a lab testing and gut science startup that’s brushed up against FBI investigations over alleged billing shenanigans, is grappling with yet another set of executive shakeups. John Rakow, the company’s general counsel who’s served as interim CEO for all of two months, […]

Livongo Plots a Digital Health IPO to Raise $100 Million: Brainstorm Health

Happy Friday, readers! You can officially add another name to the list of digital health firms seeking to go public. On Friday, Livongo – a chronic disease management firm using connected devices and online coaching communities to help treat and prevent conditions such as diabetes – filed Securities and Exchange Commission (SEC) documents for a […]

Former FDA Chief Gottlieb Heads to Pfizer’s Board: Brainstorm Health

Good afternoon, readers – and a short one for you amid some busy times. Former Food and Drug Administration (FDA) Commissioner Scott Gottlieb abruptly resigned from his post earlier this year following a tenure marked by aggressive changes is drug approval, digital health, and tobacco policy. On Thursday, he announced he’s already got a new […]

Digital Health Startup Omada Snags Another $73 Million in Funding: Brainstorm Health

Hello and happy hump day, readers. Sean Duffy, the co-founder and chief executive at digital health upstart Omada Health, approached the company’s new $73 million funding round with a philosophical question: “What will healthcare delivery look like in 20 years? How should it look?” Duffy’s firm has taken a decidedly digital approach to the business […]

Bristol-Myers Squibb Loses $6 Billion in Value on Celgene Deal Setback: Brainstorm Health

Happy Monday, readers! Bristol-Myers Squibb hasn’t exactly had a pristine path to its proposed acquisition of Celgene. Sure, the legacy pharma giant racked up more than 75% of shareholder votes to approve the $74 billion acquisition following a quickly-quashed rebellion from some activist naysayers. But the company hit another hurdle in its Celgene acquisition quest […]

Digital Health Companies Hit a New VC Funding Record in 2018

The digital health funding fever is far from breaking. Venture funding for digital health firms around the world hit an all-time high of $14.6 billion in 2018, according to a new report from StartUp Health, marking the eighth consecutive year of investment growth. In the U.S. alone, health startups raked in a record $8.1 billion, […]

Who’s Afraid of Amazon in Digital Health?⁠⁠⁠—Brainstorm Health

Happy Friday, readers! On this summer solstice, we’ve received some more insight into exactly why health care companies are so concerned about Amazon’s entry into the digital health space. Those concerns always made sense in a theoretical kind of way (Amazon is, after all, the Killer of Industries, from retail to cloud storage to the […]