April 12, 2018
Cambridge, Massachusetts-based Common Sensing, which specializes in connected containers for injectable medications, has raised $6.6 million in Series A funding. The round was led by Waterline Ventures, with New World Health, Royal Philips, and Haselmeier also participating.
The funding will be used to accelerate manufacturing and commercial operations for Common Sensing’s GoCap, a dose and...
February 22, 2018
Medication management app maker Medisafe has a guiding principle when it comes to the difficult task of improving medication adherence: One size does not fit all. Patients miss medications for a range of different reasons, so a range of different approaches can be appropriate to help them.
“We can understand different reasons for adherence for different people, activate different motivators, and...
January 31, 2018
A new large-scale study shows that interactive, tailored text messages can improve medication adherence by 14 percent.
"The program results far exceed our expectations with 44 percent refill rate in the text message group as compared to 30 percent in the non-text group," Rena Brar Prayaga, the paper’s corresponding author and a behavioral data scientist at mPulse Mobile, said in a statement. "In...
January 23, 2018
Mount Sinai Health System is trying a new way to get high-risk patients to take their medications: financial incentives. Supported by a grant from Health 2.0 and the New York City Economic Development Corporation, the New York health system has enrolled 12 patients in a pilot with startup Wellth.
“What I’m so impressed with is a lot of companies go out and say ‘We want to make this and this is...
November 14, 2017
The first drug in the US with a digital ingestion tracking system has been approved by the FDA.
The pill, Abilify MyCite, is prescribed for treatment of schizophrenia, acute treatment of manic and mixed episodes associated with bipolar I disorder and as an add-on treatment for depression in adults.
An ingestible sensor embedded in the pill is able to record that the medication was taken – sending...
November 8, 2017
Tel-Aviv, Israel-based Vaica, a producer of cloud-based medication adherence products, has announced a new in-home device to help patients stick to their treatments. The Capsuled device stores medications, and includes reminders, informational materials, and other features designed to better enable patients’ daily medication routines.
"The Capsuled is a unique patient adherence product targeted...
October 25, 2017
UK-based startup Echo has raised $9.3 million (7 million British pounds) in Series A funding for their medication management and resupply app, according to a report from TechCrunch. The funding round was led by White Star Capital with additional participation from MMC Ventures, Rocket Internet’s Global Founders Capital, Public.io, and prior investor LocalGlobe.
Cofounded by Dr. Sai Lakshmi, a...
October 4, 2017
Medication adherence app maker Medisafe announced this week that the company has reached a milestone of 4 million users and more than 1 billion medication doses logged. The company also launched a new resource for pharma companies that taps into the company's massive dataset.
“Once you have 4 million users and … a billion doses managed in the four years since the apps have been in the stores, you...
September 8, 2017
Tabula Rasa Healthcare, a healthcare technology company focused on medication safety, is hoping to pump up its technological might, and this week took a step in that direction by completing its acquisition of SinfoníaRx, a provider of Medication Therapy Management technology and services for Medicare, Medicaid, and Commercial Health plans.
SinfoníaRx has been growing pretty rapidly of late....
August 28, 2017
About the Authors: @DanGebremedhin is a Principal at Flare Capital Partners, an early stage Health Technology and Services focused VC Firm. He is a practicing physician at the Massachusetts General Hospital, previously served as a Medical Director at the Harvard Pilgrim Health Plan, and spent five years as an entrepreneur in the Health IT Industry.
@KaraLWerner is a current member of the 2017 ...