E-health

Skolkovo’s UNIM lab offers cancer patients crucial second opinion

When, at the beginning of this year, the UNIM lab opened at Skolkovo, the international tech hub under completion on the outskirts of Moscow, it offered cancer patients around the country the chance to get expert opinions on their tumours. The lab’s mission is to improve the accuracy of cancer diagnosis, and accordingly, its treatment. …

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Mail.Ru Group launches online pharmacy

Last week, just four months after telemedicine became legal in Russia, Mail.Ru Group, the LSE-listed Russian Internet giant, announced the launch of an online pharmacy. Dubbed ‘All Pharmacies,’ the  aggregator allows users to find and order any prescription drug or medical product — anything you can buy at an ordinary pharmacy — at the best …

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Digital healthcare enthusiasts to discuss latest industry trends in Moscow (April 3)

On April 3, Moscow will host the fourth edition of the annual M‑Health Congress. This international event is dedicated to the development of mobile medicine and innovative technologies in healthcare. The conference will bring together entrepreneurs, representatives of health authorities, managers of IT companies, investors and developers of mobile devices in the medical field. Experts …

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Russia’s Sistema Asia Fund invests in Indian startup offering “world’s first AI coach”

Earlier this month HealthifyMe, which presents itself as India’s leading e-health and fitness platform, announced the completion of a $12 million series B round of funding led by Sistema Asia Fund, one of the corporate venturing vehicles of the Russian conglomerate AFK Sistema. The round also involved Silicon Valley-based Samsung NEXT, Singapore’s Atlas Asset Management and …

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Telemedicine becomes legal, attracts more investment in Russia

A new telemedicine law came into effect on January 1, allowing Russian citizens to benefit from a range of e-healthcare services. Signed by President Vladimir Putin in July 2017, the legislation makes legal remote professional communication between doctors, as well as communications between doctors and patients or their legal representatives, as reported by the news …

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Russian startup raises $3.3 million to reduce side effects of drugs

Last week the Internet Initiatives Development Fund (IIDF, or FRII in Russian), Russia’s biggest fund for early-stage startups, announced its intention to invest 195 million rubles in Personal Medication & Health Management (PM&HM). In exchange for this capital injection (the equivalent of $3.3 million at the current exchange rate), the fund will receive a 35% …

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Altair VC teams up with international investors to back Indian healthcare startup

Just days after Russia’s Sistema Asia Fund invested in the Indian healthcare startup Netmeds, Altair VC, a fund with Russian roots operating internationally, participated in a $5 million round for another Indian healthtech startup, DocTalk. The deal was reported last week by the Times of India. Led by two California-based funds — Matrix Partners and Khosla …

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Robomed aims to connect healthcare service providers and patients through smart contracts

Robomed, an international startup with Russian roots which aims to develop a smart contract platform in the field of medical services, claims to have raised $2.5 million in just 24 hours in a closed token pre-sale in late October. The news was reported by Firrma.ru based on exchanges with Robomed CEO Filipp Mironovich. One of the key …

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Russian and Cambodian investors team up to back Indian healthcare startup

Sistema Asia Fund, one of the corporate venturing vehicles of the Russian conglomerate AFK Sistema, and Cambodian investment holding company Tanncam have injected $14 million in the Indian healthcare startup Netmeds. Among the earlier investors in the startup are investment bank MAPE and OrbiMed Asia, along with Pradeep Dadha and his family. Sistema Asia Fund targets …

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Russia’s Medme invests in Italian connected healthcare startup

Torino-based startup Biotechware has just secured €2 million euros from MEDME Group, a Russian digital health investor targeting Western Europe. Biotechware develops hardware and software solutions to collect and transfer clinical information coming from different sources without altering the information. One of these solutions has been designed to collect and process remotely electrocardiographic (ECG) monitoring …

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Yandex and Baring Vostok invest $5 million in house-call doctor service

The Russian house-call doctor service DOC+ is announcing the completion of a $5.5 million Series B round involving Yandex, the Russian search giant, and Baring Vostok Capital Partners, a major Moscow-based investment fund. The two investors had already injected $5 million in the startup less than one year ago. The company’s first funding, in 2015, amounted to …

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