Companies

MONTREAL – Intelerad Medical Systems, a leading global provider of enterprise medical imaging solutions, announced the retirement of CEO Mike Lipps, who served the company for nearly three years as part of a 20-plus year software industry career, and is handing the organization’s global team and mission over to Mr. Jordan Bazinsky (pictured) as the new chief executive officer. Read More

DARTMOUTH, NS – MOBIA Technology Innovations Inc. has announced plans to spin off its healthcare Software as a Service (SaaS) products into a separate company called MOBIA Health Innovations Inc. Growing demand for these products in Canada and the United States is a key driver in the decision to establish this new company and strengthen the competitive position of its solutions, SurgeCon and myCardiacHealth. Read More

TORONTO – Smile CDR Inc. (Smile Digital Health), a leading FHIR health data fabric (HDF) and exchange solutions provider, has raised approximately $30 million in Series B growth capital led by existing investors, including UPMC Enterprises. Smile’s HDF platform uses industry-leading HDF architecture and ONC-compliant, event-driven FHIR APIs to allow healthcare providers, payers and IT vendors to build secure, composable and scalable data infrastructures. Read More

TORONTO – England’s Cambridge Cognition has acquired Canadian company Winterlight Labs Inc for £7m to help target a $220 million market for speech-based biomarkers. It is making a cash payment of £3m with a £4m shares top-up, according to the British financial publication Businessweekly.co.uk. Read More

VANCOUVER – Thrive Health has been ranked #1 in Deloitte’s 2022 Technology Fast 50 Companies to Watch list. Celebrating its 25th anniversary, the award recognizes emerging companies based on their revenue growth percentage. The category for which Thrive Health is recognized, “Companies-to-Watch,” specifically celebrates 15 start-ups that demonstrate exceptional potential for continued growth and leadership in their industry. Read More

TORONTO – SeamlessMD, a leading digital platform for hospitals and health systems, announced that the Coordinated Accessible National (CAN) Health Network has recognized SeamlessMD as the 2022 Company of the Year. This prestigious award recognizes the CAN Health Network company that has achieved outstanding results throughout the project lifecycle and beyond. Additionally, the selected company demonstrates that the CAN Health Network model succeeds in breaking down barriers and helping Canadian companies scale. Read More

SAN FRANCISCO, Calif. – Verily, the life sciences business under Alphabet, said that it has raised US$1 billion capital that will be used to expand its data-driven healthcare products tailored to individuals. The round was led by Alphabet, the company said in its announcement. Verily also announced changes to its executive team that will go into effect January 2023. Read More

VANCOUVER – Clarius Mobile Health, a leading provider of high-definition wireless ultrasound systems, announced that Ohad Arazi (pictured on left) has been promoted to chief executive officer, succeeding Laurent Pelissier (pictured on right), founder of Clarius, who is taking on the role of chief innovation officer. Read More

ST. PAUL, Minn. – 3M Co. disclosed plans to spin off its healthcare business into a listed company, joining a raft of U.S. manufacturers looking to simplify their business and boost investor returns. The industrial giant also sought bankruptcy protection for its unit that makes earplugs for the U.S. military, hoping to draw a line under litigations that have weighed on its shares this year. Read More

MORRISVILLE, N.C. – Ascom, a healthcare IT and clinical collaboration company, announced that it is expanding its channel partner network in Canada to better serve acute care customers in the areas surrounding Montreal. This channel partner agreement with Services LC Connect expands Ascom’s coverage in Canada to provide full partner coverage to each province for hospital systems nurse call, intelligent software, and handsets. Read More