Seattle Children’s EHR management software publisher MDMetrix has now raised $4m in all following a seed round backed by the investment arm of Washington Research Foundation.

The additional cash will allow University of Nottingham biomedicine spinout Locate Bio to advance two internal programs and support its collaborations with external partners.

The board at Flinders University-founded medical avatar software platform Clevertar has agreed to pump in funding to clear the spinout's outstanding liabilities to creditors including the university.

Icometrix developers brain imaging technology based on KU Leuven and University of Antwerp research to help assess conditions such as Alzheimer’s disease.

Phathom Pharmaceuticals has been launched with $140m in debt and equity financing to commercialise a gastrointestinal disease drug licensed from Takeda.

Gregor Kevrekian, previously senior director of CVS Health’s corporate development and venture investing business, has ascended to executive director.

NextStep Robotics, which last raised funding in February 2018, is commercialising research from two University of Maryland campuses and the Baltimore Veterans Affairs Motor Performance Laboratory.

René Pompl, formerly principal at Siemens’ Next47, has joined the corporate’s medical-focused Healthineers division as manager of venture technology.

Satt Aquitaine-founded TreeFrog has now raised $11.1m in equity and grant funding, having secured follow-on contributions from investors including the tech transfer office.

Metabolic therapy developer Axcella Health has priced its shares at $20 each in an offering that enabled Nestlé Health Science to exit.