Artificial intelligence-focused health care companies raised nearly $1 billion in funding in the first quarter of 2020, according to a new report from data analytics firm CB Insights, reflecting a growing trend in health tech: As much of the world braces for a probable pandemic-era recession, some health startups are nailing crucial, if eleventh-hour, funding. But it was a welcome uptick from the final quarter of last year, when funding dipped for the first time all year. Unlock this article by subscribing to STAT Plus and enjoy your first 30 days free! STAT Plus is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.
May-12-2020, 18:50:09 GMT