What You Need to Know:
- Element Science raises $145.6M in Series C funding to led by Deerfield Healthcare and Qiming Venture Partners USA, includes Cormorant Asset Management and Invus Opportunities.
- Funding will enable Element Science to complete clinical studies, begin U.S. commercialization of its digital wearable platform focused on high-risk cardiovascular patients transitioning from the hospital-to-home.
Element Science,
a San Francisco, CA-based innovative health
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Wearables in Healthcare| Medical Grade | News, Analysis, Insights - HIT Consultant
PhysIQ Expands Patent Portfolio for Artificial Intelligence Analytics in Wearables
- PhysIQ awarded patents for a game-changing deep net approach to estimating functional capacity daily from continuous wearable sensor data.
- PhysIQ’s adds yet another patent to its extensive portfolio on personalized physiology analytics powered by the similarity-based modeling machine learning approach.
PhysIQ continues to
receive recognition for the novelty and value of its technology with the
announcement of two new patent allowances by the US Patent & Trademark
Office on
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Shanghai Public Health Clinical Center Uses Wearable Sensors to Combat Spread of Coronavirus in China
- Shanghai Public Health Clinical Center uses VivaLNK continuous temperature wearable sensors to combat the spread of Coronavirus in China.- While quarantining patients may limit patient-to-patient contact, contact between caregivers and patients can also be avoided with technology.VivaLNK, a Campbell, CA-based provider of connected healthcare solutions, today announces Shanghai Public Health Clinical Center (SPHCC) is using VivaLNK's continuous temperature sensor to combat the spread of
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Wearables Could Transform Insurance from Reactive to Proactive
Insurance policies have existed for thousands of years and were initially invented to protect goods being shipped long distances. Today, the options available to us have expanded tremendously, and it’s even possible for soccer players like David Beckam to insure their legs.
Despite this, the business of insurance and how it’s managed hasn’t evolved as rapidly. And this is understandable, as it’s a highly regulated industry, so reliability and dependability are hugely important.
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Garmin Expands Into Sleep Industry with Strategic Partnership with Sleeprate
- Wearable company Garmin expands into the $69.5B sleep industry with a new strategic partnership with Sleeprate.- The partnership will leverage data and technology from both companies, giving consumers a personalized behavioral plan and e-coach to fix their poor sleep and exercise habits. Garmin International, Inc., a global leader in consumer wearables and Sleeprate, a leading sleep platform, today announced the first mobile self-help sleep assessment and improvement program that aims to help
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Biofourmis Acquires Clinical-Grade Wearable Biosensor Platform Biovoation AG
- Biofourmis acquires Zürich, Switzerland-based Biovotion AG, a leading developer of a cutting-edge clinical-grade wearable biosensor platform.- The Biovotion AG deal comes with 60 global patents covering much of the existing wearables tech for the arm and hand, as well as an impressive list of more than 80 current and previous clients/partners—including major players such as Microsoft, IBM Research, Novartis, AstraZeneca, Cleveland Clinic, Mayo Clinic, Penn Medicine and Helios.- The cash +
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Google to Acquire Fitbit for $2.1B in Cash, Will Not Use Fitbit Data for Google Ads
- Google enters an agreement to acquire wearable leader Fitbit for $2.1 billion in cash, approximately $7.35 per share. - The acquisition of Fitbit shakes up the fitness and wearables market and gives Google a considerable market share against competitor Apple.- Fitbit health and wellness data will not be used for Google ads and will give Fitbit users the choice to review, move, or delete their data.Fitbit, Inc. today announced that it has entered into a definitive agreement to be acquired by
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Withings Forms Dedicated B2B Division for Medical Professionals
- Medical-grade consumer health devices Withings unveils a Withings MED PRO, a dedicated business-to-business division (B2B) serving the needs of medical professional audiences. - The initial solutions, Withings MED PRO DATA and Withings MED PRO CARE, allow Withings’ devices and data analytics to be brought into third-party ecosystems.Withings, a provider of medical-grade health devices into the homes of consumers has formed a new dedicated business-to-business division Withings MED PRO with the
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Google Parent Company Alphabet Reportedly in Talks to Acquire Fitbit
- Google’s parent company, Alphabet has made a bid to acquire Fitbit, according to sources familiar with the matter. - The speculation drove Fitbit’s stock by more than 30%.Google parent company Alphabet has made a bid to acquire fitness wearable company Fitbit, according to sources familiar with the matter. At this time, there is no definite if the negotiations between Google and Fitbit will lead to any deal, Reuters reports.The digital health and wellness market is crowded, with an estimated
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Sleep Wearable Beddr Launches First Sleep Health Solution for Employers
- Beddr launches first holistic sleep wellness program for employers that leverages clinical-grade data from Beddr’s FDA cleared wearable.- Beddr expands upon its FDA-listed sleep wearable with improved data and insights, expert-led sleep coaching and sleep physician telemedicine network.Beddr, a pioneer in precision sleep health launched an industry-first comprehensive solution for employers focused on helping employees identify and treat the root causes of chronic sleep issues. The program
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