PatientsLikeMe was bought by UnitedHealth following a review by Trump's Treasury Department, which scrutinized the start-up because it's backed by Chinese cash.
PatientsLikeMe is joining the research and development arm of UnitedHealth, according to an email obtained by CNBC.
Backed by Chinese capital, PatientsLikeMe was forced by the Trump administration to find a buyer following a review by the Committee on Foreign Investment in the United States . Benjamin Heywood, co-founder and president of PatientsLikeMe, speaks at a town hall session on healthcare during the National Summit in Detroit, June 15, 2009.PatientsLikeMe, a health-tech start-up that was forced by the Trump administration to seek out a buyer because its majority owner is Chinese, has found a landing spot:According to an email sent to customers that was obtained by CNBC, PatientsLikeMe joined the insurer's research and development group last Wednesday.
"As always, we are committed to using your data for good, protecting your data, and advancing our understanding of diseases through your partnership," the email said. "There are no changes to the PatientsLikeMe name or your PatientsLikeMe membership. Our community and site remain a place where you can connect, track, and share with others as you've always done."
PatientsLikeMe founder Jamie Heywood confirmed the contents of the email to CNBC. He said that patients were the first to be informed. The news was reported earlier by
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