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

Medication Shortages Another Area of Concern for Hospitals
Medical Marijuana Sellers Offering Online Coupons To Attract Patients
Top Digital Platforms for Your Healthcare Marketing
Google My Business: A Great Tool for Hospitals
Cost of Medical Errors: $17 billion

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

dental care
Importance of Good Dental Care for Health and Confidence
Dental health Specialties
October 2, 2025
AI in Healthcare
AI in Healthcare: Technology is Transforming the Global Landscape
Global Healthcare Policy & Law Technology
October 1, 2025
Choosing the Right Swimwear for Health and Safety
News
September 30, 2025
sports concussions
Concussion In Sports: How Common They Are And What You Need To Know
Infographics
September 28, 2025

You Might also Like

Study: Emergency Dept. Performance Measure Quite Stable among Safety Net, Other Hospitals

February 6, 2012

Bundled Payments for Care Improvement Initiative Announced by CMS Center for Innovation

August 25, 2011

Should Medicare negotiate drug prices? Probably not

February 11, 2016

Unlocking a Patient’s Comprehensive “Clinical Narrative” Is Critical to ACO Enablement

February 16, 2013
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?