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 * AWARD-WINNING JOURNALISM
   
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   industry

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BIOFOURMIS RAISES $300 MILLION AS IT LOOKS TO DRIVE ADOPTION OF REMOTE CARE

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By Mario Aguilar April 26, 2022

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Biofourmis has spent years trying to figure out how to help care for patients
with heart failure, cancer, and other debilitating diseases with the help of
technology. Now, as it looks to scale, it must prove that it can deliver on its
promises to improve care and cut costs.

The Boston-based company just got a vote of confidence from investors and large
health care players with a $300 million Series D round, led by General Atlantic
with participation from CVS Health and others. The funding, which values the
Boston-based company at nearly $1.3 billion, underscores growing optimism about
the potential of technology to take some kinds of health care out of hospitals
and into patients’ homes.

Unlock this article — and get additional analysis of the technologies disrupting
health care — by subscribing to STAT+. First 30 days free.

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ABOUT THE AUTHOR REPRINTS


MARIO AGUILAR

Health Tech Correspondent

Mario covers how technology is transforming health care.


mario.aguilar@statnews.com

@mariojoze

linkedin.com/in/mario-aguilar-13361235/


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