Digital Health

By Dave Muoio 03:04 pm August 31, 2020
Hogwash, or a brain activity breakthrough? Friday evening came with a long-awaited look at the work of Neuralink, Elon Musk's ambitious brain-computer interface implant startup. In the streamed progress update, Musk ran down a PowerPoint overview of the technology's capabilities, which he likened to "a Fitbit in your skull." The coin-shaped implant will read and wirelessly transmit brain signals...
By Laura Lovett 01:46 pm August 28, 2020
Women’s health startups are starting to garner a lot of attention. However, a new report out of PitchBook found that the industry is still struggling to catch the attention of VCs, and has produced few exits. “Only six femtech exits were completed in 2019; however, this still represents a 64% increase in exit value compared to 2018. The largest exits in recent years include Progyny’s (NASDAQ:...
By Mallory Hackett 12:40 pm August 28, 2020
Following a study looking into how adults living with Type 2 diabetes use technology to self-monitor lifestyle and health behaviors, researchers from the University of Texas Health Science Center at San Antonio found that technology-assisted self-monitoring was safe and effective in generating positive health outcomes. The researchers noted several limitations to the study, but say the findings...
By Laura Lovett 02:34 pm August 27, 2020
New research has emerged that a digital mental health program may help patients decrease anxiety and depression.  The study, published yesterday morning in JMIR, gave patients with moderate to severe depression the Vida Health app, which used cognitive behavioral therapy and one-on-one therapist counseling. Scientists saw the rates of anxiety and depression decrease during the program and stay...
By Laura Lovett 12:27 pm August 27, 2020
Abbott has scored yet another Emergency Use Authorization for rapid coronavirus testing – this one, named BinaxNOW COVID-19 Ag Card, come in the form of a card and can provide results in 15 minutes. The other notable difference in this test is the price point. Abbott said it will sell the tests for $5 each.  Users will also be able to link their results to Abbott’s app dubbed NAVICA, which will...
By Mallory Hackett 11:35 am August 27, 2020
Amazon entered the wearable health-device market today with the release of Amazon Halo, an on-wrist health tracker with an accompanying app. The device itself has a fabric band, is screenless and includes a compact sensor that tracks activity, temperature and heart rate. It is water-resistant and has a seven-day battery life. The Halo app uses five health metrics designed to give users a...
By Laura Lovett 12:04 pm August 26, 2020
Digital respiratory health company Propeller Health is expanding its geographical footprint to Japan thanks to a partnership with pharma giant Novartis.  Patients living in Japan who take one of Novartis’ drugs to help with uncontrolled asthma, the Enerzair or Atectura Breezhaler, will be able to enroll in Propeller’s digital-management program.  Those that opt in can attach the Propeller’s...
By Mallory Hackett 11:28 am August 25, 2020
Fitbit announced today three new wearables – the Fitbit Sense, Fitbit Versa 3 and Fitbit Inspire 2 – to its product pipeline. The Fitbit Sense marks the company’s first “advanced health” smartwatch, including an electrodermal activity (EDA) sensor, an electrocardiogram app, a heart rate tracker and an on-wrist skin temperature sensor with more than six days of battery life. It costs $329 and...
By Mallory Hackett 12:08 pm August 24, 2020
Castor, a cloud-based clinical data platform designed to automate the research process, announced recently it closed a $12 million Series A funding round. Two Sigma Ventures led the round with participation from Hambrecht Ducera Growth Ventures and existing investor INKEF Capital. This brings Castor's total funding to over $18 million, following an earlier investment from INKEF Capital in 2018....
By Mallory Hackett 11:56 am August 21, 2020
Artificial intelligence-enabled in vitro diagnostics company Renalytix AI announced today a research partnership with AstraZeneca to develop and launch medical strategies for cardiovascular, renal and metabolic diseases. The first stage of the collaboration will use KidneyIntelX, an AI-enabled in vitro diagnostic platform that gathers patient data from electronic medical records to generate a...