June 19, 2018
A ground-breaking facility that will harness Artificial Intelligence to develop new drugs for clinical testing within weeks is to be opened through investment from the new £103m Rosalind Franklin Institute (RFI).
Funded by the government through UK Research and Innovation, the RFI will use advanced technologies such as AI and robotics to transform the drug discovery process and create new...
May 10, 2018
With its potential to use data to make healthcare more efficient and effective, some say that artificial intelligence could save a NHS faced with rising demand, workforce shortages, and a funding crisis.
However, the possibilities for AI come at a time of increased scrutiny on the use of personal data. The EU’s General Data Protection Regulation (GDPR) is forcing organisations to consider how...
May 8, 2018
As technology increases in the healthcare arena more and more venture firms are turning their attention to digital health.
Healthcare focused venture firm 7wireVentures has recently closed on a $100 million fund and formed a coalition with eight major healthcare organizations including several large health systems and insurers. The 7wire Connected Consumer Health Fund has invested in 12 digital...
May 3, 2018
Despite the expected declining sales numbers, Fitbit affirmed its focus on digital health, during its Q1 earnings call. In particular the company is now looking to its latest Google collaboration, where the two companies will work on refining EHRs to give clinicians a more comprehensive look into patient data, to speed up innovation in the digital health space.
“First, Fitbit and Google are...
May 2, 2018
Almost exactly two years after Nokia acquired French health technology company Withings, it has announced that it is in negations to sell its digital health division back to Withings cofounder Éric Carreel. The deal is expected to close in late Q2.
"Nokia and Éric Carreel recognize that as an original Co-Founder of Withings, he is best positioned to carry the company forward into its next phase...
April 30, 2018
This morning telehealth company American Well announced that it will be acquiring fellow telemedicine company Avizia in late Q2 for an undisclosed sum.
The deal is expected to help American Well grow its acute care capabilities, which Avizia specializes in. The deal will give American Well access to Avizia’s hospital-based cart lineup and custom software workflows for over 40 clinical...
April 26, 2018
It would be hard to argue that that there is a dearth of artificial intelligence platforms trying to get into the healthcare game. But it isn’t just developers deciding where the industry is heading; it's also up to the healthcare players holding the purse strings.
“Investors get a different view into technology than a lot of folks, and the decisions they make about where to put capital have big...
April 19, 2018
Vicarious Surgical, a startup that combines virtual reality with surgical robotics, just landed $16.75 million in a Series A funding round led by Vinod Khosla's Khosla Ventures and Eric Schmidt’s Innovation Endeavors, with participation from Bill Gates’ Gates Ventures, Jerry Yang’s AME Cloud Ventures and Marc Benioff. The company plans to use the money to support the next growth phase and build...
April 17, 2018
Digital chronic disease management company Livongo today announced that it has acquired Retrofit, a company that specializes in weight-management and disease prevention programs.
“Retrofit and Livongo are like-minded in strategy, values and culture. Together, we will provide a comprehensive set of solutions for the prevention and treatment of chronic conditions that address the whole person,” ...
April 16, 2018
Digital physiotherapy company Sword Health has brought in $4.6 million in a seed funding round led by Green Innovation, Vesalius Biocapital III, and other unnamed US and European investors.
Sword Phoenix is a platform that uses artificial intelligence to understand each patient's needs, and provide responsive feedback during treatment and remote guidance from clinical teams, according to its...