Companies

TORONTO - Invest Ontario welcomes a planned $25.4 million investment from Heidi as the company establishes its North American headquarters in Toronto, reinforcing Ontario’s position as a global hub for AI-enabled healthcare innovation. Read More

TORONTO - Vitalhub Corp. announced that it has acquired Buddy Healthcare Ltd Oy, a care coordination platform based in Finland. The acquisition of Buddy Healthcare consists of up-front payments of €8.6 million, plus potential performance-based consideration. Read More

TORONTO - One of Canada’s largest homegrown technology companies, PointClickCare Technologies Inc., has drawn up a contingency plan to relocate to the United States if the trade war between the two countries escalates to the point that it harms its business. Read More

MONTREAL - Purkinje has announced the acquisition of LeoMed Technologies, a virtual care platform specializing in hospital-at-home services, among other offerings. This transaction represents a significant strategic milestone for the company, expanding its offering and strengthening its ability to support clinicians in a rapidly evolving healthcare landscape, where demand for more accessible, safe, and human-centered care at home continues to grow. Read More

IRVINE, Calif. - Danaher, a $150 billion U.S. company that makes tools used in developing and testing medicines, has agreed to buy Masimo for $9.9 billion, expanding in patient-monitoring devices in a surprise move outside its main focus. Read More

VANCOUVER - TELUS Corp. says it has hired TD Securities Inc. and Jefferies Securities Inc. as financial advisers to aid in the review of TELUS Health as it seeks a partner for the business. The company says the financial advisers will help with its monetization strategy for TELUS Health, which may include the identification and evaluation of potential strategic partnerships. Read More

DARTMOUTH, N.S. - MOBIA Technology Innovations and MOBIA Health Innovations have announced the launch of a unified Data & AI Enablement Practice, a new centre of excellence focused on helping organizations build the trusted data foundations required to successfully operationalize Artificial Intelligence. As part of this expansion, MOBIA has appointed Jeff MacDonald (pictured) as Practice Lead, Data & AI Enablement. Read More

ST-EUSTACHE, Que. - Christie Innomed Inc., a leader in medical imaging and health technologies, announced that Dr. Michel Vachon and Nicolas Vachon have acquired all the shares of Group Christie and its subsidiaries. This transaction, carried out with the support of the Business Development Bank of Canada (BDC), consolidates the company’s governance and strengthens its ability to pursue its long-term growth and innovation strategy. Read More

EDMONTON – PainChek, an Australian health technology company specializing in AI-assisted pain assessment solutions, has officially established its Canadian headquarters in the Edmonton Metropolitan Region, marking the company’s entry into the North American market. Read More

TORONTO - RPAutomation Inc., doing business as Cardiac Registry Support (CRS), a premier provider of cardiac registry services, has announced the successful acquisition of Lynne Thompson Consulting/Quality Health Data. The acquisition marks a significant expansion of its service portfolio and geographic reach to over 100 US hospitals and clinical research organizations. Read More