Organon to Acquire Forendo Pharma

JERSEY CITY, N.J. & TURKU, FINLAND – Organon (NYSE: OGN), and Forendo Pharma today announced that the companies have entered into a definitive agreement, under which Organon will acquire Forendo, a clinical-stage drug development company focused on novel treatments in women's health. Forendo is pioneering the science of intracrinology, addressing disease through a novel, tissue-specific approach. Its lead clinical compound is an investigational, potentially first-in-class oral 17β-hydroxysteroid dehydrogenase type 1 (HSD17B1) inhibitor in early clinical development for endometriosis, being evaluated for its potential effect on endometriotic lesions. Endometriosis is a common and chronic condition that affects up to 1 in 10 women of reproductive age, causes abdominal pain and is associated with infertility.

Rejuvenate Biomed raises €15.7 million

Heusden-Zolder, Belgium, Schlieren, Zürich, Switzerland, and Luxembourg, Grand Duchy of Luxembourg, 12 October 2021 – Rejuvenate Biomed NV ('Rejuvenate'), a biomedical company developing novel combination drugs for age-related diseases, today announces a EUR 15.7 million Series B round.


Gosselies, Belgium, September 30th, 2021 – OncoDNA, a genomic and theranostic company specializing in precision medicine for the treatment of patients with cancer and genetic diseases, and SOPHiA GENETICS S.A., a healthcare technology company dedicated to establishing the practice of data-driven medicine as the standard of care and for life sciences research, announced today an agreement facilitating the analysis and interpretation of genomic profiling.

Topas Therapeutics raises $40M series B

Hamburg, July 27, 2021  – Topas Therapeutics GmbH (Topas), a private biotechnology company developing immune tolerance-inducing drugs to treat and potentially cure a variety of autoimmune diseases, today announced that the Company has successfully extended its Series B round with an additional €18 million (~$22 million) raised, bringing the total for this financing to €40 million.

SWORD HEALTH raises $85M series C

New York, July 06, 2021 (GLOBE NEWSWIRE)SWORD Health, the fastest growing virtual musculoskeletal care provider, today announced an $85M Series C funding round. This news follows SWORD's $25 million Series B in January, bringing the company's total to $135M in funding to-date

DEARhealth: CE marking to MDR

Amsterdam, June 6, 2021 – DEARhealth, a health tech company focused on AI-powered chronic disease management, today announced that it has obtained certification for ISO 13485 (quality management systems for medical devices) and the certificate of conformity according to the European Union Medical Device Regulation (MDR) as a class IIa medical device for the first release of the DEARhealth patient and care software.

CatalYm Appoints Dr. Phil L’Huillier as CEO

Munich, Germany, May 4, 2021 – CatalYm GmbH, a biopharmaceutical company developing novel cancer immunotherapies, today announced the appointment of Dr. Phil L'Huillier as Chief Executive Officer (CEO), effective May 17, 2021.

Caresyntax Raises $100 Million

Boston (April 21, 2021)Caresyntax, the leading enterprise-level digital surgery platform delivering actionable insights to make surgery smarter and safer, today announced that it has closed an oversubscribed $100 million Series C funding round led by PFM Health Sciences LP, which also included participation from Optum Ventures, Intel Capital, Lauxera Capital Partners, Vesalius Biocapital III, Arno Capital, Rezayat Investments, as well as current investors IPF Partners, the Relyens Group, and Surgical.AI.

DEARhealth Recruits Senior Executives

DEARhealth Recruits Senior Executives to Accelerate Growth

  • DEAR appoints Willem Houck and Reender Beks as CEO and CFO respectively; DEAR founder Daniel Hommes will assume the role of Chief Medical and Product Officer.
  • DEAR is an artificial intelligence engine, which generates real time care pathway recommendations for care providers.
  • DEAR is accelerating its commercialization efforts of its subscription-based Software as a Medical Device platform to Healthcare Providers.

Forendo Pharma Successfully Completes Phase 1

Turku, Finland, March 3rd, 2021 – Forendo Pharma, a clinical-stage drug development company focusing on novel treatments in women's health, today announced the completion of Phase 1 studies in healthy volunteers for its lead development program in endometriosis, FOR-6219, and provided a development outlook. The successfully concluded Phase 1 program demonstrated that FOR-6219, a HSD17B1 enzymetargeting small-molecule, was safe and well-tolerated and delivered additional results supporting Forendo's therapeutic concept.