January 25, 2021
Cardiac-monitoring device maker Bardy Diagnostics has agreed to an acquisition by Hillrom, a medical technology provider specializing in smart hospital beds and other connected monitoring tools. The $375 million deal is expected to close during fiscal Q2 2021.
Bardy's flagship product is the Carnation Ambulatory Monitor, often referred to as the CAM patch. It's a P-wave signal-capturing wearable...
Preventice Solutions' BodyGuardian Mini Plus device and companion app.
January 21, 2021
Preventice Solutions, the maker of various wearable cardiac sensors for remote patient monitoring, is set to be acquired by medical technology firm Boston Scientific for $925 million, with as much as $300 million in potential commercial milestones on the table as well.
Due to Boston Scientific's existing 22% equity stake in Preventice, those price tags translate to $720 million and a potential $...
January 21, 2021
Consumer telehealth and wellness brand Hims & Hers wrapped up its merger with special purpose acquisition company (SPAC) Oaktree Acquisition Tuesday, and today began trading on the New York Stock Exchange.
The deal was first announced in October, and was originally expected to close before the end of its Q4 2020. After Tuesday's approval, the deal has provided Hims with $279.5 million, $205...
January 14, 2021
This week, digital health company Amalgam Rx announced it has acquired clinical-decision-support company Avhana Health for an undisclosed sum.
This will mark a new service for Amalgam Rx, which has been expanding its services since it was founded in 2016, and spans multiple facets of digital health, including patient support programs, digital therapies and combination products.
January 14, 2021
Fourteen-and-a-half months later, Google has finally completed its acquisition of health wearables company Fitbit. The news was announced this morning in complementary statements from Fitbit cofounder and (now previous) CEO James Park and Rick Osterloh, Google's SVP of devices and services.
"This is just the beginning because becoming part of the Google family means we can do even more to inspire...
January 12, 2021
Digital health investment firm Rock Health is the latest market spectator to tally up and break down what's widely being considered an exceptional year in activity and fundraising.
Per the firm's 2020 Market Insights Report, released yesterday, the space claimed $14.1 billion of investments spread across 440 deals. By their reckoning, this represents a respective 72% and 15% increase over 2018,...
December 30, 2020
Back in July, we theorized that 2020 could end up being a record-setting year for digital health M&A, and that’s turned out to be the case. With 35 deals in the first half of the year, nine in the third quarter, and 20 more in Q4, MobiHealthNews and its sister publications tracked a staggering 64 deals this year.
That count, by the way, excludes “blank check” or Special Purpose Acquisition...
December 17, 2020
Following months of regulatory investigation, the European Commission has officially signed off on Google's $2.1 billion purchase of health-wearable-maker Fitbit. Still, the go-ahead is contingent on a handful of commitments from the tech company that focus on its competitive practices across advertising, digital health APIs and smart device interoperability.
"We can approve the proposed...
December 3, 2020
Put your X-ray where your mouth is. After fielding accusations of fraud that temporarily damaged the value of its stock, digital X-ray-imaging company Nanox gave a highly publicized live (but virtual) demonstration of its imaging technology at the Radiology Society of North America's annual meeting.
The demo – a recording of which Nanox said will be available to the public later today from the...
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...