Companies

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

MONTREAL – American private equity giant TA Associates has invested more than $400 million for a 30-percent stake in Montreal’s Intelerad Medical Systems Inc., one of a handful of medical imaging software companies competing in the Picture Archiving and Communication System (PACS) marketplace with international players like Agfa HealthCare, Philips and GE Healthcare. Read More

OTTAWA – Calian Group Ltd., a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, is proud to announce it has won the Microsoft Canada Healthcare Impact Award for 2022 – a second consecutive win in this category. Read More

WINNIPEG – OwniCloud Inc., a Winnipeg information technology company, is suing Shared Health for nearly $3 million, alleging the Manitoba provincial health agency violated its intellectual property rights and organized an unfair competition for services. Read More

VANCOUVER – Binovi Technologies Corp., has hired a new development team to update, integrate and maintain its a best-in-class neuro-visual performance platform designed to test, analyze, track and report on individual cognitive performance. Read More

VANCOUVER – TELUS Corp. announced an agreement to acquire LifeWorks, Inc. for approximately $2.3 billion. LifeWorks is a world leader in providing digital and in-person solutions that support the total wellbeing of individuals – mental, physical, financial and social. Read More

MONTREAL – Christie Innomed, one of Canada’s largest independent healthcare companies, has announced its first foray into the U.S. market with the acquisition of Comp-Ray, a well-establish medical imaging hardware and software solutions company. Comp-Ray offers Multi-Vendor Sales and Service (MVS) solutions and serves the southwestern U.S. from its headquarters in Arizona. Read More