Mergers & Acquisitions

By Dave Muoio 03:03 pm April 21, 2020
Digital diabetes-management company One Drop announced last week that it has acquired the assets, IP and certain staff of Sano Intelligence, the maker of a non-invasive connected CGM patch. The terms of this asset purchase were not disclosed. Sano was founded in 2011, and over the course of the decade raised approximately $20 million from investors such as Fitbit, Intel Capital, True Ventures and...
By Dave Muoio 03:12 pm April 20, 2020
International pharma giant Novartis announced this morning the acquisition of Amblyotech, a startup that combines 3D glasses and video game software to treat amblyopia, more commonly known as "lazy eye." The terms of the deal were not disclosed. Novartis also said that it will be developing new games and kicking off a proof-of-concept study alongside major French video game publisher Ubisoft and...
By Laura Lovett 04:14 pm April 16, 2020
Remote-monitoring and decision-support startup Biofourmis is set to acquire Takeda Pharmaceuticals’ Gaido Health, an oncology-focused digital tool, for an undisclosed sum. The new cash deal is expected to help Biofourmis further its foothold on the oncology space.  “When we started Biofourmis, our primary focus was cardiovascular disease. The goal from the beginning was to continue to expand our...
By Dave Muoio 03:26 pm March 5, 2020
SymphonyAI Group, a collection of private B2B artificial intelligence companies spanning multiple sectors, announced yesterday that it has acquired TeraRecon, the maker of products for medical-image post-processing and other related products. As the group’s seventh portfolio company, TeraRecon will continue building out its radiology, cardiology and vascular-surgery AI-imaging support. However,...
By Laura Lovett 10:12 am March 5, 2020
Yesterday morning, Ginger announced that it acquired fellow digital mental-wellness company LiveBetter's technology assets.  LiveBetter has focused on brining virtual mental health tools to smartphone users for free. Meanwhile Ginger focuses on providing digital mental health services including behavior-health coaching, video therapy, tele-psychiatry visits and other self-guided content. It...
By Laura Lovett 04:29 pm February 27, 2020
Caravan Health, a company that helps providers transition into accountable care organizations (ACO), has dipped into the digital space with the acquisition of patient engagement tech vendor Wellpepper, according to the startup’s former CEO Anne Weiler.  Founded in 2012, Wellpepper works with health plans to provide their patients with digital treatment plans, messaging services and an alert...
By Laura Lovett 02:41 pm February 24, 2020
Digital health engagement platform Sharecare announced this morning that it is acquiring Visualize Health, a population health and quality measurement platform that helps providers catch any gaps in patient care.  Visualize Health’s program is focused on the value-based care model. Its platform helps to identify any quality measure gaps and deficiencies in documentation. When the program catches...
By Laura Lovett 01:12 pm February 20, 2020
This morning digital fitness coaching platform Pear Sports announced that it has purchased fellow exercise-focused startup Functional Solutions.  Following this acquisition, Pear Sports (not to be confused with digital therapeutics darling Pear Therapeutics) plans to roll Functional Solutions’ visual programming and custom fitness content into its enterprise SaaS. This can then be sold to gyms,...
By MobiHealthNews 03:11 pm February 18, 2020
Lumeon, a digital health startup that employs automation to help with operational functions, has inked a deal with the Mayo Clinic. As part of the deal, the Mayo Clinic’s library of clinical insights will be integrated into Lumeon’s Care Pathway Management Platform.  “Mayo Clinic is not only one of the most prestigious health systems in the world, but they have also been an early adopter of...
By Sophie Porter 11:10 am February 18, 2020
US medical technology provider Medtronic has announced the acquisition of Digital Surgery, a UK-based company specialising in surgical AI and digital education and training. The purchase integrates Digital Surgery into Medtronic’s Surgical Robotics business, a subset of their Minimally Invasive Therapies Group. WHY IT MATTERS Medtronic is the largest medical device supplier in the world. By...