Dave Muoio

Nerve cells affected by Alzheimer's disease

(Photo by Sebastian Kaulitzki/Getty Images)

By  Dave Muoio 03:04 pm April 1, 2021
Those keeping an eye on the digital therapeutics industry over the last several years likely remember the name Dthera Sciences. The startup and its CEO Ed Cox became one of the developing space's many standard bearers around 2018. During that timeframe it landed a Breakthrough Device designation from the FDA for its Alzheimer's symptoms treatment, with Cox chairing a handful of industry...
Product shots of the Mantra Health app

Image courtesy of Mantra Health

By  Dave Muoio 11:11 am April 1, 2021
Mantra Health, a startup providing virtual mental healthcare services to higher education, has closed a $2 million extension to the $3.2 million in seed funding it disclosed late last year, MobiHealthNews has learned. The startup's newest backers include Canaan Partners, City Light Capital and Baleon Capital, as well as Aligned Telehealth founder Dr. Nitin Nanda as a strategic angel investor....

Photo by Adrianna Calvo, licensed under Creative Commons Zero

By  Dave Muoio 02:51 pm March 31, 2021
CirrusMD, a startup offering on-demand, text-first telehealth, has raised $20 million in a new Series C funding round that brings its lifetime funding to $46 million. Blue Venture Fund led the raise, which also saw support from 7wireVentures, Drive Capital and the Colorado Impact Fund. WHAT IT DOES CirrusMD's approach to virtual care is focused on convenient and timely communication. Offered...
Business people shaking hands in a conference room

(Photo by Martin Barraud/Getty Images)

By  Dave Muoio 01:28 pm March 31, 2021
SOC Telemed (formerly Specialists on Call) announced yesterday that it has purchased fellow acute care telemedicine provider Access Physicians. The cash and stock transaction is valued at roughly $194 million, with the potential for additional considerations based on performance. WHAT'S THE IMPACT SOC Telemed was already a major name in the enterprise telemedicine space. The company reported...
By  Dave Muoio 02:52 pm March 30, 2021
Oxford University spinoff Oxehealth has received an FDA De Novo clearance for software that can estimate pulse rate, heart rate, respiratory rate and breathing rate from a video camera signal. Founded in 2012, the company has often likened its technology to that of a pulse oximeter, which detects minute visual changes in skin color to measure blood oxygen levels. In this case, the Oxehealth Vital...
A child using a pre-commercial version of Akili's product.

(Image courtesy of Akili Interactive)

By  Dave Muoio 03:07 pm March 29, 2021
Akili Interactive has published the full data from its STARS-ADHD Adjunctive trial. The data builds upon the company's pivotal study of AKL-T01 (now available as EndeavorRx) and suggests the videogame-like digital therapeutic delivers benefits with or without accompanying stimulant medication, and that they persist up to one month following the treatment. "These results increase the...
A collection of one-dollar bills

(Image: "1 US Bank Note" licensed under Creative Commons Zero)

By  Dave Muoio 12:28 pm March 29, 2021
Crossover Health, a tech-boosted provider of in-person and virtual care services, has brought in $168 million in Series D funding. Announced today, the raise was led by Deerfield Management Company and brought on several new investors including Perceptive Advisors, OrbiMed Advisors, Foresite Capital, Avidity Partners, SharesPost100 Fund, Irving Investors and PFM Health Sciences. WHAT THEY DO...
Two seniors relax on a track with Apple smart devices

(Photo by Violeta Stoimenova/Getty Images)

By  Dave Muoio 02:57 pm March 25, 2021
iPhones and Apple Watches could enable at-home assessment of cardiovascular disease patients' frailty via sensor data and an app-guided version of the six-minute walk test (6MWT), a traditionally clinic-based assessment of a person's functional capacity, according to data published yesterday in PLoS One. Conducted by Stanford University researchers and funded by Apple, the study provided 110...
By  Dave Muoio 12:31 pm March 25, 2021
NeuroPace, maker of an implanted neurostimulation therapy device for uncontrolled epileptic seizures, filed SEC documents yesterday outlining plans to raise as much as $75 million in an IPO listing on the Nasdaq. The Mountain View, California-based company has been around since 1997 and has brought in a couple hundred million in funding across several rounds, according to CrunchBase. In fact, the...
A Peloton Tread+ device

(Image courtesy of Peloton)

By  Dave Muoio 03:06 pm March 24, 2021
Peloton's acquisition spree. Bloomberg reports three smaller acquisitions by connected fitness company Peloton Interactive over the past several months. These include AI voice assistant company Aiqudo in February, as well as fitness smartwatch maker Atlas Wearables and interactive workout mat Otari in the final quarter of last year. Peloton told the publication that the three deals had closed and...