August 12, 2016
Over the years, more and more companies have gone public in the digital health space and existing public companies have gotten into the space, either on their own or thorugh acquisitions. Here's a roundup of digital health talk on the latest round of second quarter investor calls and quarterly finance reports.
Fitbit. San Francisco-based Fitbit, maker of a series of popular wearable activity...
August 3, 2016
Adam Pellegrini left his post as VP of digital health at Walgreens Boots Alliance to join fitness wearable company Fitbit. Pellegrini will be responsible for leading Fitbit’s vision, strategies and programs to further drive the company’s integration into healthcare systems around the world. Pellegrini has more than 20 years of experience across multiple sectors of the healthcare industry...
August 2, 2016
San Francisco-based Fitbit, maker of a series of popular wearable activity trackers, reported second quarter earnings and revenue that exceeded expectations, sent stock prices up and left the heads of the company optimistic for the “rest of the year and beyond," especially since the company will also be introducing new products by the end of the year and hired Adam Pellegrini, formerly of...
July 21, 2016
Another day, another digital heath patent invalidated by the courts. After an International Trade Comission judge invalidated Jawbone patents in May and a federal judge invalidated American Well patents in June, now another ITC judge has nixed a number of Fitbit patents, likely on the same grounds. Bloomberg broke the news.
Those closely following the sprawling legal drama of Fitbit and Jawbone...
July 20, 2016
The judge in the class action suit against Fitbit, a suit that alleges the wearable company made misleading claims about its sleep tracking feature, has denied Fitbit's motion to dismiss the case. The case could still be dismissed on other grounds or settled out of court.
James Brickman of California filed suit in May 2015 -- just after Fitbit announced its intention to go public. Brickman, who...
June 13, 2016
Two of the biggest IPOs in digital health lately have come out of the wearable and telehealth spaces. But those aren't the spaces at least two seasoned digital health investors are most excited about. At BIO 2016 in San Francisco last week, Casper de Clerq, a general partner at Norwest Venture Partners, and Dr. Lucian Iancovici, a general partner at dRx Capital, Qualcomm and Novartis' joint...
June 3, 2016
Apple has quietly hired Dr. Rajiv B. Kumar, a pediatric endocrinologist currently employed by Lucile Packard Children's Hospital at Stanford University, FastCo reported Friday. He will continue working at the hospital part time. Kumar has experience implementing Apple's HealthKit to help patients manage their diabetes. In recent weeks, Apple also saw the departure of one of its healthcare lawyers...
May 18, 2016
Fitbit has acquired the assets of smart payment company Coin’s wearable payments platform as well as the intellectual property. Fitbit also hired key personnel from the Coin wearable payments platform team. The acquisition was completed on May 12.
The acquisition will allow Fitbit to integrate an near-field communications (NFC) payment feature into future Fitbit devices, though the company said...
May 16, 2016
Wearable tracking device shipments reached 19.7 million units in the first quarter of 2016, up 67 percent year over year from 11.8 million units. Two areas where the market showed continued growth are smart watches and basic wearables, which are devices that don’t run third party applications.
"The good news is that the wearables market continues to mature and expand," IDC Wearables Research...
May 9, 2016
Doctor On Demand has hired Hill Ferguson, a former PayPal senior executive, as the company’s CEO. Ferguson will replace Doctor On Demand’s current CEO Adam Jackson. According to the press release, Jackson and the Doctor on Demand board decided the company needed a CEO with a different set of skills to grow its enterprise and direct to consumer businesses.
“Over the last three and a half years,...