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Regulation Is Still a Hurdle for Pharmaceutical Innovation

1Mg, a platform offering an online pharmacy and health application that tells users about their medicines, their substitutes, and side effects, raised an undisclosed amount of venture funding on April 27, 2018, valuing the company at $75 million. Previously, the company raised $15 million of Series C venture funding in a deal led by HBM Healthcare Investments on July 27, 2017.