Babylon Health is facing more uncertainty after it announced today that plans to merge with Swiss digital therapeutics firm MindMaze 'will not proceed'. The digital health provider said that following receipt of funding under its amended bridge notes facility with its main lender AlbaCore Capital, it has no binding commitment for additional financing to continue its business [...]
MindMaze is a Switzerland-based digital neuro-therapeutics platform that offers solutions such as virtual reality-enabled brain health and recovery for neurological diseases.