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Octapharma To Build $1.5 Billion State-Of-The-Art Critical Care Manufacturing Facility In Rock Hill, SC

By Amit Chowdhry ● Aug 1, 2026

Octapharma, the largest privately owned and independent plasma fractionator in the world, has formally announced plans to establish its first-ever United States-based manufacturing and production site at the Palmetto Research Park in Rock Hill, South Carolina. The $1.5 billion project is expected to bring 1,500 full-time jobs to South Carolina, making it one of the largest private biomedical investments in the state's history.

Garrett Motion: Dave Crompton Appointed To Board Of Directors

By Amit Chowdhry ● Aug 1, 2026

Garrett Motion, a global leader in differentiated turbocharging and electrification technologies for mobility and industrial applications, has appointed Dave Crompton to its Board of Directors.

OneMedNet Secures $11.5+ Million Agreement To Supply Regulatory-Grade Real-World Data For Foundational AI Model Development

By Amit Chowdhry ● Aug 1, 2026

OneMedNet Corporation, a provider of regulatory decision-grade, AI-driven Real-World Data, has entered into an agreement to supply its regulatory-grade, multi-modal imaging-centric iRWD platform data for use in the development and training of a foundational AI model. Under the terms of the agreement, OneMedNet will provide high-quality, de-identified, regulatory-grade healthcare data, including millions of medical imaging records and associated clinical reports, with data delivery beginning immediately.

ProLogium And Translational Development Acquisition Corp. Announce $50 Million Committed Primary Capital Investment

By Amit Chowdhry ● Aug 1, 2026

Prologium Holding Inc. and Translational Development Acquisition Corp. have secured commitments for a $50 million primary capital investment from a consortium of existing ProLogium shareholders. The investment consists of $50 million of committed capital priced at ProLogium's previously announced pre-money valuation of approximately $3.8 billion, and forms part of the previously announced target financing supporting ProLogium's proposed business combination with TDAC.

Procode Raises $10 Million To Bring Its AI-Powered Medical Billing Services To Every Surgical Specialty

By Amit Chowdhry ● Aug 1, 2026

Procode, an AI-powered medical billing and revenue cycle management company serving private practice surgeons, has raised a $10 million Series A led by Health Velocity Capital. The funding follows Procode's acquisition of The Auctus Group, the leading RCM company for plastic surgeons and dermatologists, and the publication of its first peer-reviewed research in Plastic & Reconstructive Surgery Global Open, the official open-access journal of the American Society of Plastic Surgeons.

Leonardo DRS To Acquire Raft In $450 Million Deal

By Amit Chowdhry ● Aug 1, 2026

Leonardo DRS has entered into a definitive agreement to acquire Raft LLC in an all-cash transaction valued at $450 million. Raft, founded in 2018 and headquartered in McLean, Virginia, provides open-architecture mission software specializing in multi-domain data fusion and artificial intelligence for national security customers.

AiRWA Announces Completion Of Acquisition Of Best Life

By Amit Chowdhry ● Aug 1, 2026

AiRWA has completed its previously announced acquisition of Hong Kong Best Life Trade Co., Limited, an import-export company operating across multiple international markets. The deal marks another step in AiRWA's ongoing effort to diversify its revenue base while continuing to invest in its core artificial intelligence business.