The psychiatric and cognitive disorder drug developer secured the financing in a round backed by its founder, PureTech Health.

MedWhat insists Stanford University failed to disclose a conflict of interest when it invested in rival virtual medical assistant developer Sensely.

Virtual medical assistant developer MedWhat has hit back at investors including Stanford University and its StartX Fund with allegations they broke the law on eight separate counts.

The Stanford-StartX has filed a lawsuit against its portfolio company MedWhat in California.

University College Dublin has launched legal proceedings against Applied Process, co-founded by two of its professors, for a stake in the company.

The US Department of Justice and the SEC are investigating Outcome Health for fraud while investors including Alphabet are suing the company.