August 11, 2020
This morning medical device company Medtronic announced its plans to buy Companion Medical, which is best known for making the InPen, an insulin pen that integrates a companion app, for an undisclosed sum.
Companion Medical has been in the digital health game for some time. Its InPen fist scored FDA clearance in 2016 and its funding round attracted the likes of pharma giant Eli Lilly. The...
July 15, 2020
Three health tech startups and spinouts announced today a merger to become a single entity focused on delivering virtual-care products and population health insights for seniors.
Curavi Health, CarePointe and U.S. Health Systems (USHS) are set to become wholly owned subsidiaries of the new company, Arkos Health, and the executive teams of each will be merged.
UPMC's existing stake in Curavi (...
July 10, 2020
Economic downturns and catastrophic events can often prompt market consolidation, so perhaps it's no great surprise that the first half of 2020 has been unusually active when it comes to mergers and acquisitions, especially in the second quarter.
MobiHealthNews tracked 23 confirmed acquisitions in Q2, plus one credibly reported one, and another 11 in Q1, for 35 so far this year – six up from last...
June 30, 2020
Garmin announced today that it has purchased Firstbeat Technologies' Firstbeat Analytics, its business unit responsible for physiological-measurement algorithms for use with consumer health and wellness devices. The terms of the deal were not disclosed.
Headquartered in Jyvaskyla, Finland, Firstbeat Analytics has been providing software that interprets various data collected from sensors. It has...
June 30, 2020
Exercise apparel company lululemon athletica announced yesterday that it will be acquiring Mirror, an in-home fitness-content-streaming platform, for $500 million in a deal slated to close at the end of the second fiscal quarter.
lululemon said in its announcement that Mirror will continue to operate as a standalone company underneath its new parent. Launched in 2018, Mirror had raised roughly $...
June 29, 2020
Editor's note: An earlier version of this story stated that Brainlab is based in Berlin, rather than Munich.
Level Ex, a Chicago startup that makes medical-training video games for doctors, has been acquired by Munich-based medical-technology company Brainlab, the companies announced today.
The companies did not disclose the terms of their deal, although Level Ex CEO Sam Glassenberg told...
June 26, 2020
Israel-based smartphone urinalysis and wound-care startup Healthy.io is purchasing fellow home-diagnostics company Inui Health in a roughly $9 million cash deal, CNBC reports.
The agreement also involves milestones that Inui Health will need to meet, and sees CEO Dr. Jaime Tenedorio take on a new role within Healthy.io's team.
MobiHealthNews has reached out to both companies for confirmation of...
June 24, 2020
FDA begins sharing patient's cancer drug experiences. The FDA's Oncology Center of Excellence has kicked off the first step of new pilot program that will increase the availability of patient-reported outcome data from cancer clinical trials. Project Patient Voice, as it's called, will start with making the data from a single trial accessible online while the agency solicits public feedback, but...
June 18, 2020
Community care service-coordination platform Unite Us announced this week that it has acquired Staple Health, a social determinants of health analytics company. The terms of the deal were not disclosed.
Founded in 2017, Staple Health's specialty is predictive analytics regarding the role social factors can play in various health outcomes. Unite Us was interested in adding these strengths to its...
June 15, 2020
In an effort to further its foothold in the healthcare space, Walmart announced that it has acquired digital medication management company CareZone’s tech platform, patents and “key intellectual property.”
While CareZone will remain a separate, unrelated company, some of its employees on the product and tech team will be joining Walmart in order to help integrate the system. The platform caters...