The FDA announced that it has granted accelerated approval for Aduhelm, a drug that purports to slow the development of Alzheimer’s disease.
In Alzheimer’s patients, abnormal levels of a naturally occurring but potentially toxic protein form amyloid beta plaque between neurons and disrupts cell function. According to the FDA release and the Alzheimer’s Association, Aduhelm works by reducing the amount of amyloid beta plaque, thereby slowing progression of mild cognitive impairment (MCI) due to Alzheimer’s disease and early Alzheimer’s dementia.
This significant development was hailed by Nueterra Capital portfolio company BrainCheck, whose CORTEXTM technology platform helps clinicians detect cognitive impairment earlier so patients can receive a diagnosis and begin the appropriate treatments.
Nueterra Capital portfolio company Moving Analytics announced today that it will partner with insurance health plan CDPHP to provide CDPHP members in need of cardiac rehab services access to Movn, Moving Analytics’ virtual cardiac rehabilitation program. Currently, less than 10% of CDPHP members complete their cardiac rehab, and CDPHP anticipates that Movn will help them reach a compliance goal of 70% or more. This is the latest big announcement from Moving Analytics since they completed their Series Seed-2 funding round in April.
Nueterra Capital portfolio company Healium has partnered with T-Mobile to expand its work with Central Missouri Honor Flights and give more veterans the opportunity to virtually visit their memorials. Since 2013, Healium has provided thousands of aging veterans the chance to virtually visit their memorials from their bedside, wheelchair, or assisted living center. Through the partnership with T-Mobile, more veterans living in rural or remote locations will be able to experience a visit to the World War II Memorial, the Vietnam Veterans Memorial, Arlington National Cemetery, the Women in Military Service for America Memorial, the United States Marine Corps War Memorial (Iwo Jima Memorial), or the USS Nimitz. You can read more about Healium’s partnership with T-Mobile in Startland News.
Nueterra Capital portfolio company Healium has partnered with the United States Air Force to provide its “drugless” therapy solution to military service members undergoing or at risk of a mental health crisis. Healium’s patented kit includes a sanitized virtual reality headset that allows users to not only quickly manage short-term episodes of stress and anxiety, but also to begin to change their responses to stress over the longer term. You can read more about the Healium’s partnership with the Air Force in Startland News.
Nueterra Capital portfolio company HealthJoy has appointed Karoline Hilu, MD, MBA to its Board of Directors. Dr. Kilu’s expertise in the emerging healthcare market will help HealthJoy accelerate the company’s strategic vision of creating a simple healthcare experience. “As someone dedicated to pursuing the future of health technology, I’m excited by how valuable the combination of a consumer-savvy team and a data-enabled platform can be for end-users,” Hilu said in a press release. HealthJoy, a digital benefits experience platform, was recently named to CB Insights “The Fintech 250” list.
Nueterra Capital portfolio company Moving Analytics announced that it has raised $6M in a Series Seed-2 round, bringing total funding received to date to $9.5M. The additional funding will be used to expand the company’s virtual cardiac rehabilitation program Movn for both existing and new patients. Moving Analytics is positioning itself to take advantage of rapid growth opportunities arising from increased interest in telehealth services. In Q1 the company appointed Omada Health President Adrian James to its board of directors and Moving Analytics co-founder Ade Adesanya was named to Pitchbook‘s list of “Black Founders and Investors to Watch.”
Homebase, a Nueterra Capital portfolio company, announced that it will expand its building access control and smart lock offerings into Canada. Homebase has partnered with ArcWifi, the largest provider of smart IoT systems and WiFi-as-an-amenity in Canada, to create a complete smart access control and community WiFi solution to Canadian property owners and developers. Homebase’s innovative technologies will reduce property management costs by removing the need for locksmiths or rekeying after resident turnover. You can read more about Homebase’s expansion and partnership with ArcWifi on Homebase’s website.
Nueterra Capital portfolio company Homebase has partnered with Walmart to provide direct-to-unit deliveries for multi-unit residential communities. For a low monthly fee, the InHome program provides delivery personnel a one-time code for entry into both a building’s main entrance and the resident’s specific unit through Homebase Access, an innovative platform for managing access at multi-unit buildings. This allows Walmart employees to deliver prescription medications securely to a patient’s home (currently in Missouri only), deliver groceries directly into a customer’s refrigerator or freezer, and pick up items for return to Walmart. For added security, customers can watch a livestream of the delivery on their phones or tablets through the InHome app.
Homebase works with property owners and managers of apartments or student housing to create the ultimate smart living resident experience. Homebase founder Blake Miller was recently named the No Coast Tech Connector of the Year and the company was named a 2021 Best Tech Startup by the Tech Tribune.
Nueterra Capital portfolio company IVX Health, a national provider of infusion and injection therapy for patients with multiple sclerosis, Crohn’s disease, ulcerative colitis, and other complex chronic conditions, has announced the opening of three new centers in the Indianapolis metropolitan area: Emerson Pointe, Fishers Corner, and Park Meridian. This is the latest expansion for the company, following its recent growth in the Chicagoland market. IVX Health offers the same high-quality standards and safety protocols as hospital-based infusions but with an intentional design to meet the unique needs of patients with chronic health conditions. Stand-alone facilities, guaranteed private suites that allow for proper social distancing, parking directly out front, and visits by appointment are coupled with amenities like flat-screen TVs, high-speed Wi-Fi, complimentary snacks, and flexible appointment times to support a positive patient experience.
Ade Adesanya, a co-founder of Nueterra Capital portfolio company Moving Analytics, was featured in Pitchbook’s “53 Black founders and investors to watch in 2021.” Developed in partnership with Stanford University, Moving Analytics is the leading platform for delivering virtual cardiovascular rehabilitation programs.