Global Health Care Leaders Back Aetion with $27 Million Strategic Investment

Aetion, the health care technology company that delivers the real-world analytics and evidence platform needed to engage in value-based care, announced it has attracted strategic investment from global leaders in biopharma and health care services, including Sanofi, UCB, McKesson Ventures, and Horizon Health Services, Inc., a Blue Cross Blue Shield of New Jersey company — four new strategic shareholders that join Amgen Ventures, an earlier investor. Existing venture capital investors also participated in this round, including NEA, Flare Capital, and Lakestar.

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Healthcare Bubble Concerns – Likely Overblown….

By nearly every measure, 2018 was a banner year for the venture capital industry, particularly in the healthcare technology sector. Over $130 billion of venture capital was invested across all sectors, easily eclipsing the prior high-water mark in 2000 and nearly 4.8x of what was invested a decade ago. While certain sectors may now be demonstrating bubble-like tendencies, the data also reflect the activity of Softbank’s ~$100 billion Vision Fund and other late start cross-over investors.

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Experts in Residence | Harvard Office of Technology Development

No need to be an expert in everything: our network of Experts in Residence (XIRs) offers a powerful resource for Harvard innovators. To engage with an XIR, simply contact us at OTD, and if we can't answer your questions ourselves, we will promptly set up a phone call. Our XIRs have a wealth of experience in company formation and leadership, intellectual property strategy, legal transactions, product development, regulatory affairs, marketing, corporate partnerships, and much more.

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HealthVerity Names New Chief Revenue Officer

HealthVerity, the leading technology company for the rapid creation, exchange and management of healthcare and consumer data, today announced that it has named Mike Hard as its new Chief Revenue Officer. Hard will be responsible for leading HealthVerity's marketing, sales and customer success teams. He will also work closely with the company's product, engineering and analytics teams to secure new customers and drive further penetration into its existing client base.

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