By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: PureTech Will Help Type 1 Diabetes Treatments Cross the “Valley of Death”
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Finance > PureTech Will Help Type 1 Diabetes Treatments Cross the “Valley of Death”
BusinessFinance

PureTech Will Help Type 1 Diabetes Treatments Cross the “Valley of Death”

Deanna Pogorelc
Deanna Pogorelc
Share
2 Min Read
SHARE

First published on MedCityNews.com.

First published on MedCityNews.com.

puretech diabetes startupPureTech Ventures will bring the business smarts while JDRF and other non-profits will bring the scientific knowledge to a new fund that’s hoping to turn potentially transformational type 1 diabetes discoveries into commercially viable products.

The first investor, JDRF, has committed $5 million to the project, called T1D Innovations.

More Read

download
Revenue Cycle Integrity Must Precede Data Analytics
Most Beautiful Hospitals
Primary Care Does Not Need To Be Expensive
Dr. Ryan Shelton Reveals 9 Data-Driven Tips for Optimal Health
Mid-Year Update: 4 Major Payer Trends

The idea is that T1D Innovations will fund breakthroughs in areas of unmet need while allowing foundations to make mission-driven investments and realize financial returns to then re-invest in other new technologies. That’s especially important as federal research funding is feeling the pinch of the sequestration, and the number of venture capital dollars invested in life science companies continues to fall.

JDRF said the project will help usher technologies across the biomedical “valley of death,” resulting in the formation of new startups. Particular areas of focus include beta cell therapies, immune therapies, an artificial pancreas, glucose control and technologies that prevent or treat complications associated with type 1 diabetes.

Other collaborators include Joslin Diabetes Center and data hub T1D Exchange, which will bring scientific, clinical and patient engagement expertise to the table.

T1D Innovations is part of a broader initiative by technology development company PureTech, which works with scientists and entrepreneurs to fund and translate new solutions to healthcare challenges like obesity, cognitive disorders and depression.

PureTech’s David Steinberg told diatribe that the group hopes to raise up to $25 million more to fund up to a dozen companies as part of the project.

TAGGED:diabeteshealth start-ups!JDRFPureTech
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Nurse Scheduling Software
Evaluating 7 Best Nurse Scheduling Software
Nursing Technology
October 28, 2025
contamination
Batch Failures And The Hidden Costs Of Contamination
Health Infographics
October 21, 2025
Medication Management For Seniors
Simplifying Medication Management For Seniors
Infographics Senior Care
October 21, 2025
Guide To Pursuing a Career in Nursing as a Foreigner in the USA
Collaboration Is the Prescription for Better Patient Care
Health
October 20, 2025

You Might also Like

telehealth saves money
BusinesseHealthFinanceRemote DiagnosticsTechnology

Virtual Visits: Cutting Healthcare Costs

January 2, 2015

Hospitals to patients: Go Away and Don’t Come Back Soon

June 8, 2011

Small Airplane Crashes Into Community Hospital In Northern California

July 8, 2011

5 Tips for Using an EMR to Increase Profitability

November 14, 2012
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?