Weekly Scoop #119

Fertifa acquires hormonal health specialist Tuune 🤝

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Fertifa, the London healthtech run by Eileen Burbidge, has agreed to buy Tuune, whose regulated clinical software helps clinicians deliver personalised hormonal care.Fertifa started in 2019 as a fertility benefits provider and has since expanded into mental health, neurodiversity, weight management and infant care.

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"This acquisition takes us another step forward in that mission and at an exciting time, as the Fertifa team continues to expand to cover more underserved healthcare needs for employees."

— Eileen Burbidge, Director, Fertifa

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Aspen sells European rights to menopause treatment Ovestin for €197M 💊 

South Africa’s Aspen Pharmacare is selling the European commercialisation rights and related IP for Ovestin to Ennogen Healthcare International for €197 million ($220 million). Ovestin contains oestriol, a form of oestrogen, and treats vaginal symptoms associated with menopause. Ennogen will also buy around €4 million of related inventory, and Aspen will keep manufacturing and supplying the active ingredient and cream formulation in Europe for at least 10 years.

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Northern Ireland invests £1.95M in endometriosis services 🏥

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Health Minister Robbie Butler has announced £1.95 million to improve endometriosis care across Northern Ireland. £700,000 goes to the two Regional Endometriosis Centres in the Belfast and Western Trusts. A further £1.25 million is shared across the five Health and Social Care Trusts to roll out a new Regional Endometriosis Pathway.

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Rhode launches $5M women’s health research grant 🎀 

Hailey Bieber’s beauty brand Rhode has launched a $5 million grant programme for women’s health research after Hailey's own postpartum difficulties. It is funded through Rhode’s Future Funds, which commits 2% of net revenue to causes. Over the next three years, the grant will back research, education and care for under-researched conditions, including PMOS, autoimmune diseases and postpartum health. To kick it off, Rhode has donated $1 million to the Foundation for Women’s Health Evergreen Fund.

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“As a woman, I feel frustrated by the lack of research, the lack of awareness, the lack of certain conversation around it.”

— Hailey Bieber, Founder, Rhode Beauty

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