September 8, 2011
Dr. Patrick Soon-Shiong announced that NantWorks is the name of the company that he has been building through a series of acquisitions over the past few years. Following the sales of two companies Soon-Shiong founded -- American Pharmaceutical Partners (sold 2008) and Abraxis BioScience (sold 2010) -- he has invested more than $400 million dollars in acquisitions, according to a NantWorks press...
July 11, 2011
The FDA has cleared UK-based Toumaz Limited's Sensium Digital Plaster with a 510(k). The device is a small, low power body-worn sensor that continuously monitors vital signs, including temperature, heart rate and respiration rate.
Toumaz also announced the formation of a joint venture with Dr Patrick Soon-Shiong's California Capital Equity (CCE). The JV will be called Toumaz US and will sell and...
June 2, 2011
GlowCap: Connected pillbox top
According to a recent study by Express Scripts, Americans might be wasting as much as $258 billion annually by not taking their prescribed medications. Missed doses can lead to emergency room visits and doctors' visits, which could be prevented if medication adherence was improved. The Express Scripts study found that more than half of people who believe they take...
February 14, 2011
Dr. Patrick Soon-Shiong, the executive director of the UCLA Wireless Health Institute and recent acquirer of GlowCaps maker Vitality, has made a strategic investment in Toumaz, which is developing low cost, ultra-low power wireless technologies for a number of verticals including medical monitoring and internet-connected consumer devices. The wireless technology that Toumaz is building is called...
December 9, 2010
A study recently published in the journal Clinical Transplantation found that kidney transplant recipients improved their adherence to immunosuppressive drug regimens by 40 percent when healthcare providers tracked their adherence and offered tips for improvement. The participants used prescription bottles with wireless tracking that recorded when they opened their medicine bottle -- an...