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Saudi-backed $2 billion health firm Babylon is selling its Canada operations as part of a $70 million licensing deal sghosh@businessinsider.com (Shona Ghosh) © Jack Lewis Williams for Tailor Made London Babylon Health CEO Ali Parsa. Jack Lewis Williams for Tailor Made London $2 billion health-tech firm Babylon Health is selling its Canada operations to telco Telus. The two launched an app, Babylon by Telus, in 2019 that offers Canadians virtual consultations with doctors. Babylon will license its tech to Telus as part of a new long-term partnership. Insider took a deep-dive into Babylon s business amid SPAC speculation, which you can read here. $2 billion, Saudi-backed health-tech startup Babylon Health is to sell its Canadian operations to telecoms firm Telus in a change-up to an existing partnership, Insider can reveal.

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