NEWS

MedAware raises $8M toward ending prescription errors

Self Photos / Files - Medaware

 

MedAware, which uses algorithms to detect and eliminate prescription errors, said the company has raised $8 million in Series A funding. MedAware, an Israeli company with North American headquarters in Stamford, intends to use the funding, in part, to develop additional machine learning-enabled decision support solutions and make ongoing product improvements to cover more catastrophic types of errors. Other 2017 priorities include further establishing its North American footprint and expanding its number of electronic medical record (EMR) integrations in the U.S. MedAware also has received grants from Israel's Innovation Authority, among others, bringing the company's total funding raised to date to $12 million. The capital will be used to advance the company's approach to identifying the most consequential medication mistakes to improve patient safety. About 8 million people in the U.S. face serious and preventable prescription errors each year, the company said. MedAware's software performs a real-time evaluation of a prescribed drug against a specific and up-to-date patient profile. The company's machine-learning algorithms mine data gathered from millions of electronic medical records to detect outliers in prescription behavior that could potentially be fatal and immediately flag them as life threatening.

 

External Source

Malicious use of Sino Capital's official website

 

We recently were made aware of scammers using the name of members of Sino Capital and the official website illegally. Scammers claim to be a family office firm and used our official website in their emails and business cards to fake their legitimacy. They also redirected their other domains in the email to our official website.

Please be wary of any of the above emails. If you have any doubts, please be careful of the below:

1. Please check the domain of the senders and be wary of anyone using domains other than “@sinocapital.com.hk”.

2. Please check the nature of the firm, we are not a family office firm.

3. Please double-check the name of the firm, we are Sino Capital.

4. Please check the logo used, our logo is shown below.

 

Self Photos / Files - WhatsApp Image 2022-09-14 at 10.55.49 AM

 

If you still have doubts, we welcome you to click here and send us a message.

 

Continue