March 1, 2016
Baltimore, Maryland-based WellDoc has announced a collaboration with LifeScan, a Johnson and Johnson company that makes blood glucose meters. WellDoc also raised an additional $7.5 million from Johnson & Johnson Innovation and other investors, bringing the company’s total funding in its most recent round to $29.5 million.
Existing investors include Samsung Ventures, Merck Global Health...
December 17, 2015
Baltimore, Maryland-based WellDoc has raised $22 million in a round led by Samsung Ventures and Merck Global Health Innovation (GHI) Fund with participation from Adage Capital Management, Excel Venture Management, Alexandria Venture Investments and Hudson River Capital Partners.
The company will use the funds to focus on growing adoption of its flagship offering, BlueStar, an FDA-cleared mobile...
October 21, 2015
San Diego, California-based PatientSafe Solutions has acquired all the assets of Merck subsidiary Vree Health for an undisclosed amount. The acquisition will help the care coordination and provider workflow company expand its offerings to the home care market in addition to the hospital. Merck isn't letting it's former company too far out of its site: the Merck Global Health Investment Fund (...
October 7, 2015
Wesley Chapel, Florida-based care coordination platform CareSync raised $18 million in a round from the Merck Global Health Innovation Fund (Merck GHI), Greycroft Partners, and Harbert Venture Partners, with participation from existing investors Tullis Health Investors, Clearwell Group, CDH Solutions, and CareSync CEO Travis Bond. The company raised $4.25 million around this time last year.
September 9, 2014
Remote cardiac monitoring company eCardio has agreed to merge with wearable, remote monitoring device maker Preventice. The new company, which is called Preventice, said the merger will allow it to "drive innovation and growth in remote monitoring systems and mobile health applications".
Preventice's co-founder Jon Otterstatter will be the president and global strategy officer of the new company...
April 16, 2014
CORRECTION: A previous version of this article said Skyscape was being shut down, it is in fact being reworked and re-launched.
Merck GHI-owned digital health marketing firm Physicians Interactive has launched free iPhone and Android versions of its medical content reader and physician toolkit iPad app Omnio, and will be sunsetting legacy app Skyscape Medical Resources once those apps are...
December 26, 2013
It's clear that consolidation is finally starting to happen in mobile health.
In the third quarter of 2013, MobiHealthNews reported an unprecedented number of mobile and digital health acquisitions in a single quarter -- five. Depending on where you count Humana's acquisition of Healthrageous (which we reported on October 1st), the fourth quarter either matched or surpassed that...
September 25, 2013
PatientSafe Solutions raised $7 million from EDBI, the investment arm of Singapore's Economic Development Board. This completes a $27 million round for the company and brings its total funding to around $70 million. MobiHealthNews covered the first part of this round back in January. It was led by Merck GHI with additional contributions from Camden Partners, TPG Capital and Psilos Group.