Investing
Initially, Amwell planned to sell 35 million shares between $14 and $16 with up to 5.2 million additional shares for underwriters.
The company offers virtual care visits, virtual outpatient pathways and a tech platform for doctors to conduct virtual visits.
The company has raised a lifetime total of $50 million.
With these funds, the telehealth company said it will be expanding platform and launching new supporting products and services.
Plus: Amazon says Halo to the wearable space.
Also: Skin Analytics' Series A contributes to AI-based detection of potential skin cancer; China's LickDoc supports its healthcare big data repository with $102 million.
This morning, clinical-navigation platform Grand Rounds announced a whopping $175 million investment round led by the Carlyle Group.
This news comes just months after it closed its $25 million Series B round.
Since launching its SedaKit for Digital Sedation product in June 2019, the Belgian company said more than 60,000 patients have used its digital therapy.
Walk-through cancer diagnoses and robotics muscles among the six projects aimed to transform NHS healthcare delivery.