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Israeli Digital Health Startups | Healthcare Innovation | News, Analysis, Insights - HIT Consultant

Amazon, AstraZeneca, Pfizer, Merck to Build $10M Digital Health Innovation Lab in Israel

by Fred Pennic 12/29/2020 Leave a Comment

Amazon, AstraZeneca, Pfizer, Merck to Build $10M Digital Health Innovation Lab in Israel

Rehovot Science Park What You Should Know: - Pfizer, AstraZeneca, Merck, and Teva, and Amazon Web Services (AWS) has been selected by the Israel Innovation Authority to establish an innovation lab in the fields of digital health and computational biology. - The innovation lab located in the Rehovot Science Park will receive a government budget of $10M over the next five years and is slated to start operations in 2021. Pfizer, AstraZeneca, Merck, and Teva, as well as the
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Israeli Digital Health VC Firm OTV Closes $170M Venture Fund

by Fred Pennic 12/03/2020 Leave a Comment

Israeli Digital Health VC Firm OTV Closes $170M Venture Fund

What You Should Know: - OTV (formerly Olive Tree Ventures), Israel’s ‘digital health first’ venture capital firm closes $170 million venture fund to support innovative digital health companies worldwide. - OTV also announced today a new China office and the appointment of Jose Antonio Urrutia Rivas as Head of Asia Pacific. OTV (formerly Olive Tree Ventures), Israel’s ‘digital health first’ venture capital firm, today announced the closing of a fund with a total value of
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XRHealth to Launch Virtual Reality Telehealth Clinic in Israel In November

by Fred Pennic 10/28/2020 Leave a Comment

XRHealth Launches Virtual Reality Telehealth Clinic in Israel

What You Should Know: - XRHealth announce it will launch a new virtual reality telehealth clinic in Israel, slated to open on November 1st. - The VR-driven telehealth clinic treats patients in Israel for symptoms related to Stress & Anxiety, ADHD, Motor & Cognitive Rehabilitation, post-COVID-19, Parkinson’s, Brain Injury, and more. XRHealth, a Boston, MA-based provider of extended reality therapeutic applications, today announced a new virtual reality
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Israeli Startup Deploys AI-based Solution for Prostate Cancer Detection

by Fred Pennic 09/04/2020 Leave a Comment

Israeli Startup Deploys AI-based Solution for Prostate Cancer Detection

Pathologists at CorePlus review a cancer heatmap generated using Ibex Medical Analytics What You Should Know: - Ibex Medical Analytics announces the first U.S. deployment of its AI-powered solution for cancer detection in pathology, at the CorePlus Servicios Clínicos y Patológicos, LLC, a leading clinical and anatomic pathology lab in Puerto Rico. - The deployment will improve cancer care in the U.S., where the number of pathologists decreased by nearly 20% in the past decade. This
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Israeli Hospital Launches Rapid COVID-19 Detection Tests Pilot Program

by Jasmine Pennic 07/23/2020 Leave a Comment

Israeli Hospital Launches Rapid COVID-19 Detection Tests Pilot Program

What You Should Know: - The Middle East’s largest hospital, Sheba Medical Center in Israel, just launched a breakthrough rapid COVID-19 detection test pilot program that enhances virus detection spectral technology and adapts it into rapid coronavirus testing. - The innovative process uses an artificial intelligence algorithm to separate the profile of a person infected with a specific virus, from someone else who has a different virus or that of another healthy person.  Israel’s
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Israel Innovation Authority Launches Pilot with Mayo Clinic, Hartford Health, Others

by Fred Pennic 05/14/2020 Leave a Comment

Israel Innovation Authority Launches Health Tech Pilots with Mayo Clinic, Hartford Health, Others

What You Should Know: - Israel Innovation Authority invites Israeli companies to participate in health tech pilots with world-leading medical centers to analyze, adapt, and optimize health-focused technologies, services, and products in the clinical environments. - The program’s partners include medical centers Mayo Clinic, Thomas Jefferson University, Hartford HealthCare (HHC), and Charité - Universitätsmedizin Berlin (Charité). The Israel Innovation Authority and select
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DreaMed Launches Virtual Diabetes Clinic to Help Type-1 Diabetics Control Their Condition in Quarantine

by Jasmine Pennic 04/15/2020 Leave a Comment

DreaMed Launches AI-Powered Virtual Clinic to Help Type-1 Diabetics Control Their Condition in Quarantine

What You Should Know: - As COVID-19 spreads, DreaMed Diabetes unveils virtual diabetes clinic software to treat people with type 1 diabetes remotely. - The virtual clinic utilizes Dreamed Diabetes’ AI-powered solution, to improve the insulin management treatment by analyzing the patient’s insulin and glucose data in the platform's algorithm and to remotely advise doctors on treatment. - According to the CDC people with chronic medical conditions, including diabetes, have a higher risk
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Israeli VC Firm Peregrine Ventures Closes $115M MedTech Fund

by Jasmine Pennic 12/11/2019 Leave a Comment

4 Tips to Avoid Audits, Reduce Costs, and Minimize Revenue Disruptions in 2013

 - Israeli med-tech venture capital firm Peregrine Ventures raises $115M for its fourth fund focused on investing in early-stage medical technology startups. - To date, the VC firm has 10 exits totaling more than $2 billion in cumulative value and has over $200M in capital under management.Peregrine Ventures, a leading Israeli med-tech venture capital fund, today announced it has closed its fourth medtech-focused fund, Peregrine 4, raising $115 million. Their fourth medtech fund includes some of
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Unlike Theranos: FDA Clears Sight Diagnostics’ Finger-Prick Blood Test for U.S. Market

by Fred Pennic 12/06/2019 Leave a Comment

FDA Clears Smart Diagnostic’s Finger-Prick Blood Test for U.S. Market

- Sight Diagnostics, the company working to provide patients with lab-grade blood testing results in minutes, has received US FDA 510(k) clearance for its finger-prick blood test, OLO analyzer to be used in laboratories run by diagnostic providers and hospitals.  - Sight Diagnostics’ patented OLO analyzer digitizes blood into images to perform the most common blood test in minutes, from just two drops of blood - The FDA clearance follows clinical trials at Boston Children’s Hospital,
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MaxQ AI Integrates With Philips CT System for Hospitals & Radiology Departments

by Jasmine Pennic 10/18/2019 Leave a Comment

MaxQ AI Integrates With Philips CT System for Hospitals & Radiology Departments

 - MaxQ AI’s ACCIPIO® ICH and stroke software will be integrated on Philips CT systems and will be available to hospitals and radiology departments throughout the U.S. and E.U.MaxQ AI, an Israeli-based medical diagnostic AI company announced that the company’s Accipio intracranial hemorrhage (ICH) and stroke software will be integrated on Philips’ computed tomography (CT) systems. MaxQ AI will be demonstrating the company’s full suite of Accipio solutions during the upcoming Radiological Society
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