Dave Muoio

By Dave Muoio 02:26 pmNovember 4, 2019
The FDA has issued a class two device recall for Senseonics’ Eversense continuous glucose monitoring system. This posting follows a September notice from the company that alerted providers and distributors in the US that the sensors of certain devices may stop working prematurely. Senseonics identified a small number of Eversense Sensors that have prematurely stopped functioning due to inadequate...
By Dave Muoio 03:32 pmOctober 31, 2019
Apple's high on health. Apple CEO Tim Cook was pleased as punch with his company’s latest quarterly and yearly report, which he said on an investor’s call yesterday was Apple’s “highest revenue in a September quarter ever” at $64 billion. Thirty-three million dollars of this was in iPhone revenue — a 9% decline over last year that he felt was a significant step up from the 15% decline seen...
By Dave Muoio 01:48 pmOctober 31, 2019
Roughly two years after the fact, digital healthcare advertiser Outcome Health is finally closing the loop on its ad fraud scandal. Yesterday the Chicago-based company and the US Department of Justice announced a $70 million settlement alongside an admission that the company’s former executives and employees sold falsified advertising inventory from 2012 to 2017. “Outcome Health deceived its...
By Dave Muoio 04:06 pmOctober 30, 2019
Mirror, a fitness content streaming device that users can hang and use like a traditional full-length mirror, has raised $34 million more in a Series B-1 funding round headed by Point72 Ventures. Others now backing the startup include athletic apparel retailer lululemon, LionTree LLC and individual backers including Karlie Kloss, Kevin Huvane and Steve Lockshin. Prior investors Spark Capital and...
By Dave Muoio 11:47 amOctober 30, 2019
Pear Therapeutics has announced a new deal with Ironwood Pharmaceuticals that will explore the platform’s potential for patients with certain gastrointestinal (GI) conditions. “We are excited to be partnering with Ironwood on this initiative and believe there is a compelling clinical rationale for use of [prescription digital therapeutics] in treating GI diseases,” Dr. Corey McCann, president and...
By Dave Muoio 04:43 pmOctober 29, 2019
Alphabet serious about health wearables? Alphabet has reportedly put in an unspecified offer to buy out Fitbit, according to anonymous sources talking to Reuters. The news comes roughly a month after another report from the outlet suggesting that the wearables maker had brought on investment firm Qatalyst Partners to explore a potential sale, in which Alphabet was name dropped as a potential...
By Dave Muoio 03:30 pmOctober 29, 2019
Alphabet serious about health wearables? Alphabet has reportedly put in an unspecified offer to buy out Fitbit, according to anonymous sources talking to Reuters. The news comes roughly a month after another report from the outlet suggesting that the wearables maker had brought on investment firm Qatalyst Partners to explore a potential sale, in which Alphabet was name dropped as a potential...
By Dave Muoio 12:05 pmOctober 29, 2019
Weave, a Utah-based software startup tackling patient communications for various medical specialties as well as dentistry and optometry, has brought in a $70 million Series D funding round, bringing the company to a total valuation of $970 million. New backer Tiger Global Management led the raise, with prior investors Catalyst, Bessemer, Crosslink, Pelion and LeadEdge also contributing. WHAT THEY...
By Dave Muoio 03:32 pmOctober 28, 2019
The past few days have seen new pivotal trial announcements from two startups eyeing FDA submissions for their digital health offerings. On Thursday Cognoa unveiled an investigation for its pediatric development monitoring and diagnostic tool. This will be a multi-site, prospective, blinded, active comparator study of the tool, which is intended to support primary care autism diagnoses among...
By Dave Muoio 01:00 pmOctober 28, 2019
Facebook is again expanding its public health messaging efforts with the launch of a new tool that shows users in the U.S. a list of recommended preventive tests or checkups, sets scheduling reminders and connects users to local providers of those services. Born of partnerships with the American Cancer Society, the American College of Cardiology, the American Heart Association and the CDC, the...