Venture firms flock to mobile health after Epocrates IPO

03/29/2011 | MobiHealthNews.com

Venture firms have begun hopping on the mobile health applications bandwagon, thanks in large part to the success of medical apps provider Epocrates, according to a report in a venture capital trade publication. The company raised $86 million in an initial public offering last month. "It is an extremely robust time for mobile health from a business perspective," said Bijan Salehizadeh, general partner at Highland Capital Partners.

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