Digital health: Who’s up, who’s down

The digital health market is constantly changing, with startups coming onto the scene and more established companies restructuring their strategies.

Noah Schwartz

Friday, June 2nd, 2023

Companies that had a good week:

Pharmaceutical giant Bayer launched a precision medicine unit that will focus on creating digital health tools.
Hyro, a conversational artificial intelligence company used by hospitals, raised $20 million.

Companies that had a bad week:

BenevolentAI, an artificial intelligence-powered drug discovery company, laid off about 180 employees.
The National Eating Disorder Association took its artificial intelligence chatbot offline after it was giving users harmful advice.

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