Medopad raises $25M led by Bayer to develop biomarkers tracked via apps and wearables

INSUBCONTINENT EXCLUSIVE:
Medopad, the U.K
indicators of the progression of illnesses and diseases that are picked up not with blood samples or in-doctor visits but using apps and
pharmaceuticals giant Bayer, which will be working together with Medopad to build digital biomarkers and therapeutics related to heart
health
Series B is being made at a post-money valuation of between $200 million and $300 million
All three are previous investors, with NWS leading its $28 million Series A in 2018, bringing the total raised by Medopad to more than $50
company last year signing high-profile deals totaling some $140 million with a string of firms in China, including Tencent, Ping An, as well
as the Chinese divisions of GSK, Johnson - Johnson and more.The world where medicine mixes with tech in the name of doing things faster,
better and with less expense had a big knock with the rise and calamitous fall of Theranos
The blood-testing startup claimed to have developed technology to perform a multitude of tests tracking biomarkers using only a few drops of
its solutions
The company constructs its algorithms and tests working with pharmaceutical and tech partners to build solutions end-to-end, leaning on
interview
determine how a patient is walking
In recent times, with the advent of advanced computer vision and far better sensors on devices, a new category of digital biomarkers, as
For example, it has a partnership with the Royal Hospital, Wolverhampton to better track aortic stenosis, when heart valves narrow and
He added that Babylon in the U.K
and Collective Health in the U.K
are two companies he admires for taking a similar approach in their respective fields of doctor/patient care and health insurance.The fact
that the company works so closely with Tencent and other Chinese companies is notable at a time when there is a lot of scrutiny of China and
how its companies may be using or working with personal data in countries like the United States and U.K.Vahdat said that all patient data