Tag Archives: startup

Indian hospitality start-up Oyo fights to keep hotels open in China amid coronavirus outbreak

While stores, factories and hotels shutter in China amid a coronavirus outbreak, Indian hospitality start-up Oyo is fighting to keep hotels open. “We’re trying to keep as many of our hotels open as possible, including in Wuhan and in Hubei,” Oyo CEO and founder Ritesh Agarwal told CNBC’s “Squawk Alley” Tuesday. Oyo operates a chain… Read More »

French startup Iktos and pharma firm Almirall announce research collaboration in AI for new drug design

French artificial intelligence (AI) startup Iktos has announced a collaboration with global skin-health focused pharmaceutical company Almirall. The partnership will see Almirall use Iktos generative modelling technology to optimise advanced compounds, bringing speed and efficiency to the drug discovery process. WHY IT MATTERS The pharma industry is increasingly turning to AI to accelerate the traditionally… Read More »

Digital health start-up once worth $1.5 billion is racing to keep lights on as investors flee

Proteus Digital Health CEO Andrew Thompson Qin Chen | CNBC Proteus Digital Health has spent two decades trying to develop “smart pills” that can be used to tell a smartphone app whether patients have taken their medications. The technology was so promising that, three years ago, investors valued the company at $ 1.5 billion. But… Read More »

German pharma giant Bayer draws digital health startup cooperations through G4A partnerships

Since 2013, German pharma company Bayer has been supporting young startups in the digital health sector under the “G4A” label. But now, the G4A funding programmes are being consolidated, according to a press release from the company. This will increase the possibilities of financing for health IT entrepreneurs within the framework of the G4A partnerships. WHAT HAPPENED As… Read More »