January 4, 2017
According to Rock Health's new end-of-the-year funding report, total digital health funding was down to $4.2 billion, an 8 percent drop from 2015's total of $4.6 billion. But even though less money was infused into the industry, 8 percent more companies received funding: 296 versus 273 last year, a record number of companies funded.
Interestingly, nearly 20 percent of the funding was wrapped up...
December 29, 2016
Fitbit has dropped one of its several lawsuits against Jawbone. The patent case, which had been on track for trial in the International Trade Commission in March, was attempting to block the importation of existing and still-in-development Jawbone products on the basis that Jawbone had violated its patents.
The motion to terminate wasn’t a concession that Jawbone hadn’t violated anything after...
October 12, 2016
When BlackRock invested $300 million in Jawbone to keep it afloat, Bloomberg News called it "a loan and a leash". Now, according to a new report in Fortune, the beleaguered tech company is tugging on that leash. Fortune reported this week that Blackrock is pressuring the company to sell, but CEO Hossain Rahman believes the company has the funds to stay afloat.
"I believe everyone knows one of...
September 9, 2016
This year is shaping up to be a big one for acquisitions, if not for the money (many are for undisclosed amounts) but for sheer volume. We’ve seen 30 so far, and with a little over three months to go, 2016 may well end up eclipsing 2015’s total of 37 deals. Rather than just list the companies, we've broken them down into different categories based on who the acquirer is, to try to outline some...
September 8, 2016
Favor is once again on Fitbit’s side in the ongoing legal battle between the leading wearable company and its increasingly beleagured competitor Jawbone. The US International Trade Commission ruled that a judge erred in deciding that two Fitbit patents weren’t eligible for legal protection.
Now, Fitbit can pursue an effort to block Jawbone’s products from the US market, but Jawbone doesn’t think...
August 26, 2016
In 2012, MobiHealthNews ran an article — contributed by patent lawyer Orion Armon of Cooley LLP — asking the question “Is mobile health about to enter a patent thicket?” Armon had noticed a stark rise in the number of patents being issued in the mobile health space. He predicted that this would likely lead to an increase in mobile health patent litigation.
Four years later, we haven’t seen nearly...
August 24, 2016
The International Trade Commission will officially not be blocking Fitbit's imports. Rival Jawbone asked the ITC to do just that a little over a year ago, filing parallel cases with the ITC to two cases they had filed against Fitbit in federal or state court: one pertaining to allegedly violated patents and the other pertaining to allegedly stolen trade secrets.
The patent case was dismissed in...
August 17, 2016
More and more, direct-to-consumer wearables companies are moving into business-to-business healthcare markets. It's not exactly a surprising move -- the potential for consumer technology to encourage healthier lifestyle choices is a core thesis of digital health, and one that could have big implications for healthcare as it faces a rise in chronic conditions. Nonetheless, over the course of the...
August 9, 2016
The Apple rumor mill is rolling again, this time with reports of a new forthcoming health device. According to Apple Insider, via Taiwanese paper Economic Daily News, the new product, two years in the making, will "accurately collect users' personal daily life including heart rate, pulse, blood sugar changes and other information." It's supposedly set for a 2016 launch.
Details about the form 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...