Huma raises $130 million financing to scale its digital health platform for better care and research
PR89461
LONDON and NEW YORK, May 12, 2021, /PRNewswire=KYODO JBN/--
The investment arms of leading health and technology companies, Bayer, Hitachi,
Samsung, Sony Innovation Fund by IGV, Unilever and the PE fund HAT, are
financing Huma to bring proactive, predictive care to all.
Huma Therapeutics [http://www.huma.com/ ] Limited today announces the
completion of its latest funding round with financing of approximately $130
million. The investment will scale Huma's modular platform which can power
digital 'hospitals at home' nationally, and support the pharmaceutical and
research industries to run the largest ever decentralized clinical trials.
Huma's platform combines predictive algorithms, digital biomarkers and
real-world data to advance proactive care and research.
Leaps by Bayer and Hitachi Ventures led the Series C funding round, which also
saw new strategic and financial investors become shareholders. Samsung Next,
Sony Innovation Fund by IGV*, Unilever Ventures and HAT Technology & Innovation
Fund by HAT, as well as individuals Nikesh Arora (former president of SoftBank)
and Michael Diekmann (Chairman of Allianz) are also new shareholders.
A further commitment of $70 million that can be exercised at a later date has
also been agreed as part of the Series C funding round and takes the total
financing raised to more than $200 million. Goldman Sachs International acted
as lead placement agent to Huma. HSBC Bank plc± and Nomura acted as joint
placement agents, with the latter also becoming a shareholder.
The new investment will be used to expand Huma's digital platform in the US,
Asia and the Middle East, with Huma having recently been named Europe's fastest
growing healthcare company by the Financial Times1. Huma has established a
reputation as a trusted health technology and innovation partner to four
national governments (England's NHS, Wales, Germany and UAE). Its digital
'hospital at home' was co-created with clinicians and has been independently
shown[2],[3]
[https://www.nhsx.nhs.uk/media/documents/Evaluation_of_the_remote_digital_care_p
latform_221220.pdf ] to almost double clinical capacity, reduce hospital
readmissions by over a third and has patient adherence levels of over 90%. The
service is supporting governments' pandemic responses on a not-for-profit basis
and is now used for a range of patients including those going through knee- and
hip-replacement surgery e.g. with Smith+Nephew4.
[https://www.smith-nephew.com/news-and-media/media-releases/news/smithnephew-and
-huma-develop-remote-patient-monitoring-app-to-assist-the-safe-restart-of-uk-ort
hopaedic-surgery/ ]
Huma advanced its work in the US in 2021 with an experienced leadership team
that has fostered new partnerships with clinical research organisations, health
care providers, payers, research organisations, and technology companies.
Huma works with leading life science companies including AstraZeneca, Bayer and
Janssen and academic institutions such as Stanford Medicine, the Johns Hopkins
Bloomberg School of Public Health and the University of Cambridge5,6. Huma's
research at the intersection of predictive care and machine learning has been
peer-reviewed and published across a range of scientific and medical
journals[7],[8],[9],[10],[11].
Huma is bringing in new talent to every aspect of the organisation from bench
to boardroom to scale plans for global expansion. Dr Claudia Suessmuth
Dyckerhoff joined Huma's Board of Directors in April, bringing a wealth of
global experience in life sciences and healthcare. In the past year, the Huma
leadership team has matured with the recruitment of specialists across
technology and AI, legal, healthcare, life sciences and corporate affairs[12].
Dan Vahdat, Founder and CEO of Huma, said, "This is a pivotal moment in Huma's
development. We have exceptional partners and strategic investors who will
support us in our mission to help people worldwide live longer and fuller
lives. We're already demonstrating how 'hospital at home' can transform
healthcare, and how decentralized clinical trials can advance research in ways
that weren't imaginable even one year ago. Now we want to accelerate the pace
of change and continue to innovate for better care and research worldwide."
Alan Milburn, former UK Health Secretary and Chairman of Huma's Board, said,
"This is a significant moment in Huma's history and I will work to build
enduring, trusted relationships with our new partners. We are living through
unprecedented times and the importance of health and well-being is underlined
as never before. Together with our partners we can use our expertise,
technology, and innovation to change the face of healthcare and research and
impact people's health everywhere."
Dr Claudia Suessmuth Dyckerhoff, Huma Board Director, said: "The pandemic has
exposed weaknesses across health systems around the world but through
collaboration, innovation, and compassionate leadership Huma can support faster
and safer care for patients through digital technologies and rapid access to
treatments by accelerating clinical research."
Huma's ambition to improve people's health across the world will be accelerated
with its new global partnerships. Juergen Eckhardt, Head of Leaps by Bayer,
comments, "Aligned with the vision of Leaps by Bayer, Huma's expertise and
technology will help drive a global paradigm shift towards prevention and care
and may boost research efforts using data and digital technology. We invest
into the most disruptive technologies of our time that have the potential to
change the world for the better. As an early investor into Huma we know how
perfectly the company fits into that frame as one of the leading digital
innovators in healthcare and lifesciences."
Keiji Kojima, Executive Vice President of Hitachi's Smart Life division, added,
"Huma has built a comprehensive remote patient monitoring platform and
established a strong track-record and we are excited to be working with Huma to
bring its world-leading health technology to new markets in Asia. We believe
that together we can advance new digital health products to power better care
and research for all."
Jonathan Machado, Senior Investment Director of Samsung Next, said, "Huma is
advancing the necessary transition of medicine from reactive to proactive, and
we are thrilled to be a part of their journey. The company's evidence-based
approach, validated by leading scientific publications, together with their
impressive record of rapid, large-scale delivery is unparalleled. We are
excited to explore how the Huma platform and its digital biomarkers portfolio
could work with the Samsung ecosystem for lasting impact in proactive care
across hospitals, life sciences and population health initiatives."
Gen Tsuchikawa, CEO and Chief Investment Manager for Sony Innovation Fund (SIF)
and Chief Investment Officer for Innovation Growth Ventures (IGV), said, "We
believe Huma's digital 'hospital at home' platform and data driven approach is
redefining healthcare across the globe. We're excited to support Huma as they
continue to accelerate their work in the US, Europe, Middle East and Asia."
Ignazio Castiglioni, CEO of HAT, said, "Huma's pioneering technology can be a
complete game-changer for the health industry. HAT, with its fourth PE fund, is
thrilled to partner with Huma and their world-class people by supporting the
company in the next phase of this exciting journey."
About Huma
Huma is a global health technology company that helps people live longer,
fuller lives. Our modular platform supports digital 'hospitals at home' across
different disease areas. In life sciences we power some of the world's largest
decentralized clinical trials and studies. Our platform combines predictive
algorithms, digital biomarkers and real-world data to advance proactive,
predictive care and research.
Our 'hospitals at home' help care for patients across the England NHS, Wales,
Germany, and the UAE — evidence shows they can double clinical capacity, reduce
readmission rates by a third, and reduce costs whilst providing safe,
high-quality care. We offer Covid-19 digital services, not-for-profit, to
national governments to help fight against the pandemic and have shipped over a
million devices that complement our 'hospitals at home' to help power them.
www.huma.com
Additional resources:
1. Huma named Europe's fastest growing healthcare company:
https://huma.com/Huma-FT1000-Press-Release.pdf
2. NHSX report into the impact of Huma's digital 'hospital at home' for
Covid-19 patients:
https://www.nhsx.nhs.uk/media/documents/Evaluation_of_the_remote_digital_care_platform_221220.pdf
3. Huma's digital 'hospital at home' for Covid-19 patients is part of a project
shortlisted for HSJ Award 2021:
https://huma.com/thoughtpiece/hsj-value-awards-2021
4. Huma operates peri-operative care for patients undergoing knee- and
hip-replacements:
5. Huma is helping to power research detecting Covid-19 in asymptomatic
patients as part of the Fenland research study by University of Cambridge's MRC
Epidemiology unit
[https://www.prnewswire.co.uk/news-releases/university-of-cambridge-researchers-
and-huma-begin-in-depth-study-of-early-detection-of-covid-19-infection-875563042
.html ]
6. Huma is helping to power research into a decentralized digital health trial
for patients with atrial-fibrillation: Bayer and Stanford University's Center
for Digital Health Decentralized Trial in Atrial Fibrillation Patients (DeTAP)
study
[https://www.linkedin.com/pulse/bayer-clinical-trials-collaborate-road-digitaliz
ation-moeller-md/ ]
7. Huma published research into using data from wearable heart rate monitors to
assess cardiovascular health: Sensors [https://www.mdpi.com/1424-8220/21/4/1463
]
8. Huma published research on deep learning with wearable based heart rate
variability for prediction of mental and general health: Journal of Biomedical
Informatics
[https://www.sciencedirect.com/science/article/abs/pii/S1532046420302380?via%3Di
hub ]
9. Huma published research into using smartphone data to predict 'all cause
mortality': JMIR mHealth [https://mhealth.jmir.org/2021/2/e25655 ]
10. Huma helped publish research into the impact of digital health through an
app in acute medicine: JMIR Formative Research [https://doi.org/10.2196/23190 ]
11. Huma's work on digital Covid-19 'hospitals at home' was discussed in the
British Medical Journal: The British Medical Journal
[https://www.bmj.com/content/369/bmj.m2119 ]
12. Huma hires leaders in digital health:
13. Huma has been selected to be part of the World Economic Forum's Global
Innovators Community, 'an invitation-only group of the world's most promising
start-ups and scale-ups that are at the forefront of technological and business
model model innovation': https://www.weforum.org/about/global-innovators/
14. Huma acquires Biobeats and TLT:
https://huma.com/files/HumaRebrandPressRelease_20200416.pdf
*Innovation Growth Ventures Co., Ltd. (IGV) is managed by Sony Innovation Fund
and Daiwa Capital Holdings.
± HSBC Bank plc ("HSBC"), which is authorised by the Prudential Regulation
Authority and regulated in the United Kingdom by the Financial Conduct
Authority and the Prudential Regulation Authority, is acting as financial
adviser to Huma Therapeutics and no one else in connection with the matters
described in this Announcement and will not be responsible to anyone other than
Huma Therapeutics for providing the protections afforded to clients of HSBC, or
for providing advice in connection with the matters referred to herein. Neither
HSBC nor any of its group undertakings or affiliates owes or accepts any duty,
liability or responsibility whatsoever (whether direct or indirect, whether in
contract, in tort, under statute or otherwise) to any person who is not a
client of HSBC in connection with this Announcement or any matter referred to
herein.
SOURCE: Huma
本プレスリリースは発表元が入力した原稿をそのまま掲載しております。また、プレスリリースへのお問い合わせは発表元に直接お願いいたします。
このプレスリリースには、報道機関向けの情報があります。
プレス会員登録を行うと、広報担当者の連絡先や、イベント・記者会見の情報など、報道機関だけに公開する情報が閲覧できるようになります。
