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View Larger + CVS Health has announced the investment of $100 million into CVS Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with high-potential, early-stage companies focused on making health care more accessible, affordable, and simpler. Rhode Island is void of a venture capital fund until now. CVS confirms the venture fund will be located in Woonsocket. Consumers deserve a better health experience, one that puts them at the center of cutting-edge, digitally enabled solutions, said Karen S. Lynch, President and CEO, CVS Health. Forming CVS Health Ventures will build on our successful track record of scaling innovation and driving change in health care. GET THE LATEST BREAKING NEWS HERE SIGN UP FOR GOLOCAL FREE DAILY EBLAST ....
Photo by filadendron/Getty Images CVS Health is looking to offer financial backing and strategic support to early-stage health technology companies with this week’s launch of its $100 million venture fund. The fund, called CVS Health Ventures, plans to target disruptors in the digital health space that focus on making healthcare more accessible, affordable and simple, the company said in its announcement. The company also stressed the importance that the potential companies align with CVS Health’s core strategy so it can share insights and expertise along the way. Consumers deserve a better health experience, one that puts them at the center of cutting-edge, digitally enabled solutions, Karen Lynch, president and CEO of CVS Health, said in a statement. Forming CVS Health Ventures will build on our successful track record of scaling innovation and driving change in health care. ....
CVS Health Launches $100 Million Venture Fund CVS Health Ventures to focus on high-potential, early-stage companies that strive to make health care more accessible and affordable for consumers News provided by Share this article Share this article WOONSOCKET, R.I., April 29, 2021 /PRNewswire/ CVS Health (NYSE: CVS) today announced the launch of CVS Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with high-potential, early-stage companies focused on making health care more accessible, affordable, and simpler. Consumers deserve a better health experience, one that puts them at the center of cutting-edge, digitally enabled solutions, said Karen S. Lynch, President and CEO, CVS Health. Forming CVS Health Ventures will build on our successful track record of scaling innovation and driving change in health care. ....
CVS targets early-stage tech companies with $100M - Boston Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.