Uncategorized articles

Lifepoint Health’s startup incubator, 25m Health, launches six companies

BRENTWOOD, Tenn.–25m Health announced that it launched six companies and invested in five more in its first year of operation. The Nashville-based healthtech incubator was formed in November 2021 by a joint venture between Lifepoint Health®, 25madison and Apollo Global Management (NYSE: APO). Its growing portfolio of innovative startups all target solutions aimed at improving access to high quality

Centene to sell a specialty benefit management business for $750M in latest divestiture

ST. LOUIS — Centene Corporation (NYSE: CNC) announced today that it has successfully completed the previously announced divestiture of Magellan Rx to Prime Therapeutics LLC (Prime). “We are pleased to continue delivering on our value creation plan with the closing of this transaction, positioning us to remain focused on our core business and strategic priorities on behalf

New investment firm forms in St. Louis – Clayton-based Purivitae Ventures (PV)

ST. LOUIS–Purivitae Ventures (PV), a partnership and investment platform in consumer healthcare and wellness products and brands, today announced that it will acquire QUADROPRESS, a thriving eCommerce business that sells workout devices and related accessories. With its performing product lineup, its large community of dedicated customers and its highly organized eCommerce operations, QUADROPRESS positions PV