Companies

Toronto, ON – Gene42, a leading provider of precision medicine software, announced the launch of its new brand identity as PhenoTips with a new website and the introduction of cloud-hosted PhenoTips software. These changes mark the start of a new era for the company, where customer experience and clear, transparent communication are top priority. Read More

MONTREAL – AlayaCare, an award-winning technology platform for home and community care, has announced the acquisition of Procura, a division of Complia Health, a leading global provider of enterprise software for long-term and post-acute care organizations. With nearly 200 customers, Procura was founded in 1989 and has operations in Canada and Australia. Read More

TORONTO – Synaptive Medical, a leader in automation and robotics, announced that it has completed the first round of a new preferred equity investment, totaling $25 million (US). The investment was led by Linamar Corporation, which also entered into a manufacturing agreement with Synaptive, and Audible Capital Corp., an existing investor. Read More

TOKYO – Fujifilm Holdings Corp. announced it will acquire Hitachi Ltd.’s diagnostic imaging equipment business for about ¥170 billion. The move comes as Fujifilm is strengthening its medical-related businesses, while Hitachi has been seeking to sell the imaging equipment business as part of its group restructuring. Read More

TORONTO – TD Bank has announced the 10 recipients of the second annual TD Ready Challenge. Each organization will receive CDN $1 million to bolster their innovative health solutions and deliver support to underserved and remote communities across Canada and the United States. Read More

Montreal – Logibec Inc. has announced the acquisition of Knowledge4You Corporation, a Markham, Ontario-based company. This transaction will bring e-learning and medical education offerings to Logibec’s broad suite of clinical, financial and administrative healthcare market solutions. Read More

TORONTO – VitalHub is pleased to announce an agreement to acquire all of the issued and outstanding shares of Oculys Health Informatics Inc. Total consideration to be paid by VitalHub is expected to be approximately $4.2 million. Read More

MONTREAL – Chronometriq, the Montreal-based provider of appointment-management and patient engagement tools, announced that the company has secured more than $20 million CAD in Series B funding. New York growth investor Full In Partners led the round with additional participation from existing investors. This financing will help further Chronometriq’s leadership position in Canada and its expansion in the United States. Read More

TORONTO – Schneider Electric, a leader in digital transformation of energy management and automation, and ThoughtWire, a leading provider of Digital Twins for the built environment, have announced a strategic partnership to create smarter digital hospitals that operate seamlessly. Read More

TORONTO – By Order of the Ontario Superior Court of Justice, MNP Ltd. has been authorized to conduct a Sale Process and solicit bids for the purchase of the assets and going concern business of Toronto based healthtech company OrbCare Inc. and its two subsidiaries, Pariscribe Inc. and OrbCare US Inc. (together the “Companies”.) Read More