Global Funding
- Female-founded incontinence care company Attn: Grace secures $2M funding, led by For Later, with Flybridge and existing investors’ support.
- Herself Health raises $26M in Series A, led by Michael Cline (Accretive), providing senior women with comprehensive primary care.
- Wavely Diagnostics secures $1.35M funding, reaching $6.35M total. Innovates digital platform for pediatric ear infection diagnosis and treatment.
FemTech News:
- In the Northeast, 98% of women face distressing health challenges, underscoring the need for accessible healthcare. 55% suffer from menstrual issues, with PCOD
- New saliva-based endometriosis test validated, aiding 190 million women globally. Measures biomarkers in saliva for reliable diagnosis in seven days. Revolutionary diagnostic tool.
- A study revealed contraceptive pills affect stress regulation. Post-blood sampling, non-users engaging in 15 mins of social activity reduced stress hormone levels, while birth control users showed no ACTH reduction.
- A new micro-placenta model grown from stem cells could “revolutionise” research into pregnancy complications, iPlacenta, allows researchers to examine the workings of the organ in 3D for the first time without risk to a mother or her foetus.
- AI revolutionizes healthcare, enhancing diagnostics, disease prediction, and consistency. Assisted diagnosis in diabetic retinopathy, cancer detection, and cognitive impairments becomes the new norm.
Global Companies:
- Big Health, San Francisco’s digital therapeutics leader, acquires Limbix to broaden its portfolio, targeting depression in adolescents and young adults.
- &SISTERS, a family-run sustainable period care brand known for its compostable pads, tampons, and liners, has made a significant move by acquiring Mooncup, the world’s first silicone menstrual cup.
- Google partners with Cyprus-based femtech startup Soula to improve pregnancy and parenting support using Med-PaLM in Soula’s AI-assistant
FemTech India Partner Company News:
- Gytree was boarded by Pinklay to empower employee health. The partnership will enable Pinklay’s employees to get help on nutrition, emotional health, and help employees achieve their health goals.
- Miind My Mind has introduced Menda – a mental fitness headband, which is a tech-enabled product that combines functionality, sustainability, and technology.
- Humm Care has partnered with Galderma India to spread awareness and celebrate parenthood, working parents, and assist working parents maintain a work life balance.
- Sirona Hygiene has bagged three awards – Best Innovation in User Experience, Best Marketing Campaign, Best Social Impact by a D2C Brand by Exchange4Media.
Drugs, Diagnostics, and Pharma:
- BioIVT acquires PrecisionMed, a supplier of high-quality human biological material for genetics, drug discovery, and diagnostics.
- Neurogene and Neoleukin merge to advance genetic medicines for rare neurological diseases.
- Mainz Biomed partners with Fugene Genetics for ColoAlert, a cancer early detection test.
- Novartis acquires DTx Pharma, aiming to develop siRNA therapies for neuroscience indications using FALCON platform.
Government News:
- India’s DCGI advises doctors, healthcare professionals, and consumers to halt use of pholcodine, an opioid medicine for coughs, based on WHO’s alert and Subject Expert Committee’s recommendation.
- Trade and regulatory experts in the country have recommended to the government that India should consider undertaking harmonization efforts on packaging and labelling requirements with the Australian government for MSME sector to boost exports in the long term.
Research, Insights, and Market Projections :
- According to a study, high-quality sleep and coping mechanisms, such as the ability to reframe a situation in order to see the positive side, can help to prevent poor mental health when confronted with unpleasant or stressful experiences.
- Researchers studying the effects of oxygen supplementation on motor learning have discovered a potentially effective method for assisting people who have suffered neurological trauma to regain their former abilities.
- According to a recent study, amyloid plaque, a characteristic of Alzheimer’s disease, is produced in connection with periodontal (gum) disease.
Jobs on Board:
- Newmi is looking for a Corporate Sales Manager. Newmi is India’s first omnichannel focused on women health and wellness
- iMumz is looking for a Human Resources Intern. iMumz is a fastest growing platform for Indian pregnant women.
- Sirona Hygiene is looking for a Copywriter. Sirona is a platform for products related to women’s health and hygiene.
- Hera is looking for a UI UX Designer. Hera is a platform to help women navigate from menstruation to menopause.