Dan Vahdat, Huma CEO (Yang Guanyu/Xinhua/Alamy Live News)

As­traZeneca dou­bles down on dig­i­tal health in its lat­est col­lab­o­ra­tion

As­traZeneca is go­ing down the dig­i­tal health route in its newest deal, fo­cus­ing on de­cen­tral­ized clin­i­cal tri­als and vir­tu­al health­care.

The UK phar­ma has teamed up again with dig­i­tal health firm Hu­ma Ther­a­peu­tics in a bid to “scale in­no­va­tion for dig­i­tal health,” Hu­ma said in a state­ment ear­ly Wednes­day.

As­traZeneca put rough­ly $33 mil­lion in­to the deal, ac­cord­ing to a re­port from CN­BC — as the com­pa­nies have re­mained mum on oth­er fi­nan­cial specifics. The small com­pa­ny al­ready raised mon­ey last year in a Se­ries C to the tune of $130 mil­lion — led by Leaps by Bay­er and Hi­tachi Ven­tures. That fund­ing was to ex­pand its dig­i­tal plat­form in the US, Asia and the Mid­dle East. There was an ad­di­tion­al com­mit­ment of $70 mil­lion that can be ex­er­cised at a lat­er date.

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