Global Edition news

By Dave Muoio May 11, 2020
Senate Republicans introduced a new bill during the tail end of last week that seeks to increase transparency and ownership of personal health, geolocation, proximity and other related data collected by digital devices or systems during the COVID-19 public health emergency. The so-called COVID-19 Consumer Data Protection Act was introduced by Sen. Roger Wicker R-Miss.; Sen. John Thune, R-S.D.;...
By Laura Lovett May 11, 2020
This morning, chronic-condition-management startup inHealth named digital health veteran Harry Kim as its next CEO and executive chairman. The company’s current CEO and original cofounder Aubrey Jenkins will move into a new role as president of the company. “The healthcare professionals delivering care every day are front line warriors and heroes. In the fight to improve people’s health, we need...
By Dave Muoio May 11, 2020
Carbon Health, a primary care provider blending in-person and virtual care services, has announced a $28 million Series B1 raise from prior backer DCVC. WHAT THEY DO San Francisco-based Carbon Health runs a series of clinics in California. These brick-and-mortar locations are supported by a Carbon Health mobile app, through which patients can view their health records, schedule appointments,...
By Laura Lovett May 8, 2020
Just a few hours ago the FDA greenlighted the first home-collected saliva sample for COVID-19. Rutgers Clinical Genomics Laboratory, which already landed an EUA in mid-April for its test, can now expand its efforts to include test kits for home collection. Patients do so using a specially designed collection device. This sample is then sent off to the Rutgers Clinical Genomics Laboratory in a...
By MobiHealthNews May 8, 2020
This quarter Dexcom raked in $405 million in revenue, compared to $280.5 million in 2019’s Q1. This represents a 44% increase year over year (YoY), and beats the company's revenue goal by $46.7 million. Dexcom attributes its success to its growing user rate. The gross profits from Q1 were $258.7 million. However, operating expenses have increased, coming in at $215.4 million in 2020 Q1, versus $...
By MobiHealthNews May 8, 2020
Digital research platform Owkin scored $25 million in funding yesterday. The round was led by Bpifrance Large Venture with participation from Cathay Innovation and MACSF. The platform aims to connect doctors, researchers, scientists and other stakeholders. It uses artificial intelligence to help create data sets and distribute the information to the stakeholders. Its main product, Owkin Studio,...
By Laura Lovett May 7, 2020
Yesterday morning digital health and fitness company Pear Sports announced its purchase of artificial intelligence exercise-coaching platform Performance Lab.  Performance Lab specializes in using AI to gain insights into athletic performance and then develop a personalized exercise program. Pear Sports plans to use this technology in its real-time interactive coaching tool. “The mission at Pear ...
By Dave Muoio May 7, 2020
A number of digital health companies have seen their businesses grow amid the COVID-19 crisis, and so far Livongo Health appears to be no exception. The company announced strong quarterly results headlined by revenue growth and a record number of client launches. Taking new agreements and the prospect of continued demand for virtual services into account, the company said that it has raised its...
By Laura Lovett May 7, 2020
Pharmaceutical-cost-transparency startup GoodRx is now looking to the testing space with the launch of its new lab market place. Customers can now to do a price comparison across tests that cover everything from STI to COVID-19 testing and pregnancy too celiac.  So far, the company has teamed up with 10 lab-testing providers. Once a customer has entered the condition they would like to be tested...
By Dave Muoio May 6, 2020
New York City-based home-lab-test startup LetsGetChecked said this morning that it has wrapped up an oversubscribed $71 million Series C round co-led by Illumina Ventures and HLM Venture Partners. The raise also included new backers Deerfield, CommonFund Capital and Angeles Investments, while investors Transformation Capital, Optum Ventures and Qiming Venture Partners USA returned to further fuel...

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