What You Should Know:
- Philips and BioIntelliSense has been selected by the
U.S. Army Medical Research and Development Command (USAMRDC) to receive nearly $2.8M
from the U.S. Department of Defense (DoD) to validate BioIntelliSense’s
FDA-cleared BioSticker device for the early detection of COVID-19 symptoms.
- Working with the University of Colorado Anschutz
Medical Campus, the clinical study will consist of 2,500 eligible participants
with a recent, known COVID-19 exposure and/or a
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Stryker Launches First Completely Wireless Hospital Bed for Patient Safety
What You Should Know:
- Stryker launches the industry’s first and only completely wireless hospital bed, ProCuity that can connect seamlessly to any nurse call system for every acuity level.
- ProCuity Bed Series designed to enhance patient and
caregiver safety for all acuity levels, reduce in-hospital falls
Stryker, one of the
world's leading medical technology companies, today announced the global launch
of the industry’s first and only completely wireless hospital bed,
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Backed by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform
What You Should Know:
- Osso VR raises $14M in Series A funding led by Kaiser
Permanente Ventures (KPV) to expand its virtual reality (VR) surgical training
platform.
- Using immersive VR technology, Osso VR’s scalable platform offers a realistic, hands-on training environment that leads to real-world performance gains and ultimately improved patient outcomes.
Osso VR, a Palo Alto, CA-based validated Virtual Reality (VR) surgical training platform, today announced it has raised $14M
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Multi-Vital Ambulatory Monitor for COVID-19 Patients Launches in the U.S.
What You Should Know:
- VivaLink launches a new multi-vital ambulatory monitoring solution for infectious respiratory diseases is being debuted in America and Western Europe. This monitoring solution is currently deployed in Asia, Eastern Europe, and the Middle East to help monitor COVID-19 patients.
- Built upon VivaLink’s proprietary ambulatory medical wearable sensor platform, the solution can easily be set up and scaled in hospitals, nursing homes, and remote environments. Even pop-up
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M&A Analysis: 3 Benefits of Siemens Healthineers’ $16.4B Acquisition of Varian Medical
What You Should Know:
- Siemens Healthineers and Varian Medical announce a $16.4B deal in an all-cash transaction on 2nd August 2020.
- Deal expected to close in 1H 2021.
- Varian Medical will maintain its brand name and operate “independently”
- Siemens AG will drop holding in Siemens Healthineers from 85% to 72% as part of the transaction.
News of the deal between Siemens Healthineers and Varian Medical will have caught many industry onlookers off guard on Sunday evening.
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Brainlab Acquires Medical Video Game Innovator Level Ex
What You Should Know:
- Brainlab, a digital medical technology company based in
Munich, Germany has acquired Level Ex, a digital health startup creating
medical video games designed to advance the clinical skills of physicians and
surgeons.
- The acquisition will accelerate product development, allow Level Ex to enter new clinical areas faster, and expand its footprint in global markets, benefitting more medical professionals across a wider-range of specialties and cases.
- Level Ex
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18 Healthcare Augmented Reality and Virtual Reality Companies to Watch
Augmented reality (AR) and virtual reality (VR) are redefining what's possible in healthcare, as well as other sectors. The 18 companies listed below are some of the top virtual and augmented reality companies in the medical industry.
Defining Augmented Reality
Augmented
reality is a technology that blends real-world elements with virtual ones. For
example, a person might visit a trade show and aim their smartphone at a
display to activate an AR experience that allows them to see
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2020 MedTech Breakthrough Award Winners Announced
What You Should Know:
- MedTech Breakthrough announces 2020 MedTech Breakthrough Award Winners that recognizes the top companies, people, platforms, and products in the health, fitness, and medical technology industries today.
- The 2020 MedTech Breakthrough Awards program is open to all individuals, companies, and organizations involved in producing digital health and medical technology products and services.
MedTech
Breakthrough, a market intelligence organization that
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SV Health Investors Forms $90M Medtech Convergence Fund
What You Should Know:
- SV Health Investors forms $90M Medtech Convergence Fund (MCF) focused on the increasing convergence of medical technology with software, telecommunications, and new service models to create solutions to some of the most significant health challenges.
- MCF will focus on early-stage, novel device and technology solutions that are differentiated in usability and outcomes with meaningful barriers to entry through IP, design, and clinical data.
SV Health
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Providence Uses Remote Patient Monitoring For 700+ COVID-19 Patients
What You Should Know:
- Providence is monitoring patients suffering from COVID-19 symptoms using Xealth’s digital health platform to deliver Twistle’s care automation and remote patient monitoring platform.
- So far, more than 700 positive or presumptive positive COVID-19 patients are already being helped with this solution at home, keeping patients safe while reducing additional stress on hospitals, emergency rooms, and front-line health care teams.
- Patients who are exhibiting
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