April 14, 2015
IBM Watson has taken a giant step deeper into the healthcare industry with the formation of a new business unit called Watson Health and a new cloud offering called the Watson Health Cloud. The move also includes some big name partners -- Apple, Johnson and Johnson, and Medtronic -- and two acquisitions: Cleveland-based Explorys and Dallas-based Phytel.
Watson has been involved in healthcare...
March 17, 2015
Diabetes management platform Glooko has raised $16.5 million in a round led by Canaan Partners. The round also included a strategic investment from Medtronic as well as funding from additional investors The Social+Capital Partnership and Samsung.
Glooko began by making a cord that connected various glucometers to a user's smartphone. Over time, the company has moved from a connector chord to a...
September 24, 2014
Medtronic has developed a Bluetooth-enabled continuous glucose monitoring system for patients with diabetes, that will connect to an iOS app, Medtronic Global Program Marketing Manager Samantha Katz announced from the stage at Health 2.0 in Santa Clara, California.
MobiHealthNews has learned that though the new system is not yet FDA cleared, it will start a "pivotal clinical trial" later this...
July 24, 2014
Catalyst, an internal iPad app developed by Medtronic.
In a third-quarter earnings call with investors, Apple senior vice president and CFO Luca Maestri listed medical device giant Medtronic as a headline example of a company creating a lot of iOS apps to use internally.
"Today companies have equipped millions of employees with iPhones and they’re seeing huge benefits in productivity, employee...
June 30, 2014
In the first half of 2014, digital health funding reached $2.3 billion, according to a report from accelerator Rock Health. The report included data from 143 digital health companies that have raised over $2 million during the past six months.
Funding in the first two quarters of 2014 surpassed total funding for all of 2013, which was $1.97 billion. Deal growth was driven by early-stage companies...
June 5, 2014
As we head into the halfway point of 2014, it's already clear that the trend of mobile and digital health acquisitions is up. Just five months into the year, MobiHealthNews has tracked 16 mergers, acquisitions, asset buys and majority stake acquisitions -- just one less transaction than we tracked during the whole of 2013.
While many of the buys were medical software acquisitions of various kinds...
May 21, 2014
In 2009 when Corventis first unveiled its technology, its main offering was an innovative fluid sensor, which was part of the array of sensors embedded in its peel-and-stick patch that was eventually named PiiX. One of the grave symptoms for heart failure patients is fluid collection in the heart -- a symptom that most remote monitoring companies track by simply keeping tabs on a patient's weight...
May 20, 2014
Medical device giant Medtronic is in the final stages of acquiring peel-and-stick medical sensor company Corventis for north of $150 million, MobiHealthNews has learned. While neither company has publicly commented on the deal, it is expected to be officially announced some time in the next few weeks. (Update: I've heard conflicting reports from sources on the price of the deal since publishing...
March 24, 2014
Health and fitness app app maker Azumio currently leads the diabetes app market with 17.8 percent market share, according to a new report from Research2Guidance. The company tracked iOS and Android downloads of more than 1,000 diabetes apps between 2008 and 2013 with the help of Priori Data, a Berlin-based company that collects publicly available metadata on apps.
According to Research2Guidance's...
January 2, 2014
MC10 raised $20 million from undisclosed investors, according to an SEC filing. The company has previously raised $40 million in first, second, and third round funding, bringing its total funding to $60 million. This latest round is the company's largest single round to date.
Previous MC10 investors include Medtronic, Aberdare Ventures, Northbridge Venture partners, Breamar Energy Ventures,...