Mallory Hackett

By Mallory Hackett 11:35 am September 28, 2020
Medical device creator Masimo announced today its latest 510(k) clearance from the U.S. Food and Drug Administration for the Rad-G pulse oximeter. The Rad-G is a handheld device that combines Masimo’s signal extraction technology (SET) pulse oximetry and respiration rate from the pleth (RRp) that can be used to spot-check or continually monitor. It’s lightweight, handheld, and has a 24-hour...
By Mallory Hackett 11:06 am September 25, 2020
Willow, a creator of wearable breast pumps, announced this week it has raised an additional $55 million in its Series C funding round. The round was led by long-standing investors NEA, Meritech Capital Partners and Lightstone Ventures, as well as new lenders, including Perceptive Advisors. WHAT IT DOES To date, Willow has released three generations of its smart, in-bra breast pump. The latest...
By Mallory Hackett 12:08 pm September 24, 2020
Freeletics, an artificial intelligence-powered nutrition and fitness coaching app, announced yesterday the closing of its $25 million Series B funding round. The round was led by JAZZ Venture Partners and Causeway Media Partners, with contributions from KKCG. WHAT IT DOES Founded in 2013, Freeletics uses AI technology to coach users through digital workouts and meal plans. The Freeletics coaching...
By Mallory Hackett 11:24 am September 23, 2020
Dexcom’s G6 continuous glucose monitoring system will now be available at no cost for qualifying veterans through all U.S. Department of Veterans Affairs pharmacies, the company announced Tuesday. To qualify for a Dexcom G6 completely covered by the VA, patients must have diabetes mellitus, subscribe to an insulin regimen that requires three or more injections a day and four or more blood glucose...
By Mallory Hackett 11:09 am September 22, 2020
Insurtech company Bright Health announced today another bout of funding, this time racking up $500 million for its Series E round. The funding round included new investors Tiger Global Management, T. Rowe Price Associates and Blackstone, as well as existing investors including NEA, Bessemer Venture Partners and Greenspring Associates. WHAT IT DOES? Bright Health got its start as a consumer-...
By Mallory Hackett 12:15 pm September 21, 2020
The COVID-19 pandemic served as the final push that Yale New Haven Health Services needed to fully implement telehealth into its care offerings, according to Pam Hoffman, the medical director of Telehealth Services at Yale New Haven. “Before, in getting telehealth service up and running, you really needed a clinical champion. Someone – a provider, a doctor or a clinician of some sort – who really...
By Mallory Hackett 11:56 am September 21, 2020
Teva Respiratory, an affiliate of Teva Pharmaceutical Industries, completed its digital inhaler portfolio today with the launch of two new products: the AirDuo Digihaler and the ArmonAir Digihaler. Both of the new inhalers are prescription inhalation powders designed to treat people with asthma 12 years and older. The AirDuo can be used to control symptoms of asthma and to prevent symptoms such...
By Mallory Hackett 01:01 pm September 18, 2020
Digital healths’ moment in the sun doesn’t appear to be ending anytime soon, and one area that is just beginning its journey into virtual care is the pharmaceutical industry.  In recent years, pharma has taken an interest in the digital health space, and even before the pandemic hit, experts from HealthXL expected 2020 to be a big year for digital therapeutics in pharma.  This morning at the DTx...
By Mallory Hackett 11:28 am September 17, 2020
Amwell made its debut on the New York Stock Exchange today after announcing late Wednesday night the pricing for its upsized initial public offering of about 41.2 million shares of Class A common stock at $18 per share. The updated pricing equates in total gross proceeds of approximately $742 million, before deducting underwriting discounts and commissions and offering expenses payable by Amwell...