Medopad, an artificial intelligence startup using data from provider databases and patient devices for remote disease monitoring, raised $25 million in a Series B funding round led by Bayer's life sciences innovation arm.
Along with the investment, Bayer will also work with Medopad to build AI-driven digital therapies specifically to track heart health. The startup has ongoing projects with Johnson & Johnson's Janssen Pharmaceuticals to develop a digital biomarker for Alzheimer's disease; it previously partnered with Apple to develop a medication management and adherence Apple Watch app for chemotherapy patients.
Medopad is also a member of the Discover-NOW initiative, alongside Google Health, AstraZeneca and IBM, to create the Health Data Research Hub for Real-World Evidence.
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