Dave Muoio

Executives sign a contract
By  Dave Muoio 02:19 pm December 2, 2020
Physitrack, a London-based provider of digital physical therapy and patient engagement technology, is kicking off an M&A push with news that it has purchased one of its primary competitors. Physitrack CEO and cofounder Henrik Molin told MobiHealthNews that the company has acquired Physiotools, a Finnish company that got its start selling physical therapy books, but over the years shifted its...
By  Dave Muoio 03:12 pm December 1, 2020
Olive, an artificial intelligence startup aiming to lessen the burden of healthcare administration tasks, announced today that investors have added another $225.5 million to its coffers, bringing its nine-month and lifetime fundraising totals to $385 million and $448 million, respectively. Tiger Global led the latest investment, which also saw participation from returning backers General Catalyst...
By  Dave Muoio 01:24 pm December 1, 2020
Alphabet subsidiary DeepMind has cracked a decades-old protein-folding challenge with an artificial intelligence system that could eventually help identify new treatments for diseases, among other nonmedical uses. "We have been stuck on this one problem – how do proteins fold up? – for nearly 50 years," John Moult, cofounder and chair of the Critical Assessment of protein Structure Prediction (...
By  Dave Muoio 03:20 pm November 30, 2020
The back half of November saw two special purpose acquisition companies (SPACs) announce merger agreements valued at more than $1 billion. First on the list is Butterfly Network, maker of the Butterfly iQ handheld ultrasound devices and a corresponding workflow platform. The well-funded startup will be merging with Longview Acquisition for a final valuation of $1.5 billion. The company's common...
Three stacks of dollar bills
By  Dave Muoio 12:31 pm November 30, 2020
Digital health funding in the final quarter of 2020 may not reach the staggering heights of the preceding quarter, but the final few weeks of raises are still projected to edge out the investments of Q4 2019, according to a report from CB Insights. WHAT'S THE IMPACT Based on equity financing reported through Nov. 17, the industry analyst's preview report pegs worldwide digital health fundings to...
A mother and child during a telehealth video visit
By  Dave Muoio 01:37 pm November 19, 2020
The COVID-19 pandemic has exposed many consumers to telehealth for the first time, but their reactions to these virtual care technologies – namely, how willing they are to continue using them and how much they're willing to pay – greatly vary based on how much each generation values convenience over a trusted provider. These are the major takeaways of the Accelerate Health 2020 Consumer...
irhythm patch
By  Dave Muoio 03:17 pm November 18, 2020
Long-term data on ambulatory monitoring patches. Scientists from the Scripps Research Translational Institute and Johnson & Johnson have unveiled three-year study data for iRhythm Technologies' Zio wearable ambulatory monitoring patches at this year's American Heart Association Scientific Sessions. The mSToPS study examined 1,738 participants who were a mean age 73.7 years at the time of...
The Lucira COVID-19 All-in-One Test Kit and its packaging
By  Dave Muoio 12:29 pm November 18, 2020
Yesterday afternoon, the U.S. FDA issued an Emergency Use Authorization (EUA) to a COVID-19 molecular diagnostic test that provides individuals with a result within 30 minutes, in the comfort of their home. As opposed to currently available at-home testing products, which have patients self-collect a nasal swab sample and ship it for processing in a lab, the Lucira COVID-19 All-in-One Test Kit...
By  Dave Muoio 10:30 am November 17, 2020
It's little exaggeration to say that the college experience of 2020 is unrecognizable from that of years past. With the COVID-19 pandemic refusing to dissipate, many students are earning their credits through their computers. Those who are attending classes on campus are navigating social distancing requirements and frequent testing protocols. All of this comes with the normal stressors young...
An image of the pre-acquisition InPen device and connected app.

The InPen alongside Companion Medical's connected app

By  Dave Muoio 01:56 pm November 12, 2020
Shortly after acquiring smart insulin-pen-maker Companion Medical, Medtronic has officially launched the InPen device alongside integration with its Guardian Connect connected glucose monitoring (CGM) system. Of note, Medtronic's InPen is the only smart insulin pen cleared by the FDA for use by people requiring multiple daily injections. It received that 510(k) back in 2016. WHY IT MATTERS With...