January 11, 2021
Health tech firm Vatic is launching an on-the-spot-result saliva test to identify current COVID-19 infections, as well as who is infectious and can pass on the virus.
A swab is used to collect saliva from inside of the user’s cheek and pooled saliva under the tongue. The saliva from the swab is then mixed with an ‘extraction buffer’ in a tube and drops of the resulting solution are released on to...
January 7, 2021
Alexa, listen to me sleep. Hot on the heels of its Halo fitness, weight and sleep wearable, Business Insider reports that Amazon is also working on a contactless bedside device for tracking sleep apnea. The device in development reportedly uses millimeter-wave radar to watch breathing and movement. Codenamed "Brahms," the tracker is roughly the size of a palm, and would speak with other connected...
January 6, 2021
The Kingdom of Bahrain has reportedly become the very first country in the world to allow COVID-19 vaccine appointments via a mobile app.
All citizens and residents of the Gulf nation are able to schedule their free vaccination via the BeAware smartphone application, which was launched at the beginning of the pandemic as the country’s COVID-19 contact tracing offering. During booking, users can...
January 5, 2021
Swiss telemedicine startup, OnlineDoctor has concluded a Series A financing round of €5 million (CHF 5.5 million Swiss francs).
Swiss health insurance company CSS, along with SwissHealth Ventures led the funding round. New investors Mutschler Ventures and US investor, PilotRock Ventures also contributed to the funding.
Previous investors, including Forty:one, venture capital company,...
January 4, 2021
WW International has released its latest approach to weight loss, a fully immersive digital membership plan called Digital 360.
The program builds upon the WW weight loss method and gives members access to on-demand and live coaching, an online community of peers, and a variety of virtual experiences and events.
Specifically, the Digital 360 program includes a personalized weight loss and...
December 29, 2020
A multidimensional approach to health was already gaining considerable momentum prior to the outbreak of COVID-19. From physical fitness, to mental wellbeing, the health tech consumer landscape was evolving and innovating at a steady speed. However, what was previously modest growth in health tech adoption has since spiked rapidly due to the pandemic. According to a study by Deloitte, due to...
December 22, 2020
Connected fitness company Peloton, a unicorn famous for its connected-bicycle offering and virtual fitness classes, has acquired Precor, a major manufacturer of commercial fitness equipment, for $420 million. The acquisition is expected to close in early 2021.
WHAT'S THE IMPACT?
The acquisition will allow Peloton to bring much of its manufacturing in house and have more control over the supply...
Photo by Carsten Koall/Getty Images
December 22, 2020
Considering the size and scope of Alphabet, it should be little surprise that the company and its subsidiaries (Google, Google Cloud and Verily, to name a few) have become deeply ingrained in the healthcare ecosystem over the last several years.
The tech giant maintained the momentum in 2020 with efforts focused on artificial intelligence, data flow and digital clinical research – and also sought...
December 22, 2020
UK startup Babylon Health has scored $100 million (£74.5m) in a convertible loan led by Swedish listed fund VNV Global.
The new investment is part of the financial round of 2019, which saw the firm raise $550 million (£410m) in Series C funding.
VNV Global invested the full $100 million round in Babylon through Global Health Equity, a newly established company within the VNV Global group. $35...
December 18, 2020
Like most companies, Apple's plans for 2020 were upended with the rise of COVID-19. After initial hits to its production line, on-and-off store closures and remote working arrangements, executives said during Apple's fiscal fourth-quarter 2020 call that the tech firm weathered the storm with all-time records for revenue, earnings and cash flow – and that's before taking a look at its skyrocketing...