Berlin

Bayer’s investment arm leads digital health startup’s $90M round

Ada Health, AI, Bayer, Berlin, chatbot, Daily, Germany, Health Tech, Leaps by Bayer, startup, Startups, SYN, Top Story / June 2, 2021 June 2, 2021

Leaps by Bayer led a $90 million investment round into Ada, a German digital health startup with an AI-based symptom checker. As part of the deal, the two companies are also striking a broader strategic partnership.

Bayer paying up to $4B for gene therapy pioneer AskBio

AAV, Asklepios BioPharmaceutical, Bayer, Berlin, BioPharma, biopharma nl, Daily, gene therapy, News, Pharma, Research Triangle Park, Startups, SYN, Top Story / October 26, 2020 October 26, 2020

The deal, offering $2 billion up front and $2 billion in future milestone payments, includes a gene therapy manufacturing facility and a pipeline that includes treatments for Parkinson’s and congestive heart failure.