Summer hasn’t been beach holiday time for some of the companies we’ve been following….Genetic testing for the masses 23andMe, only last fall in much hot water with FDA (but recently making nice–TTA 2 July), received a two-year, $1.4 million grant from the National Institutes for Health (NIH). iHealthBeat….’Smart pill’ developer Proteus Digital Health received a Series G round of $52 million, adding to a June round of $120 million. Investors not disclosed, but Proteus currently has a blue-chip list including Novartis, Medtronic and Kaiser. BusinessWire….Pre/post-procedure education and recovery monitoring service VOX Telehealth received another $1.1 million round of angel financing... Continue Reading
Search Results for proteus
That comfy sensor patch gets a bit closer (US/BE)
...use in the Reebok Checklight to determine sports-related concussion risk [TTA 16 May, “Brain Games”] and in beta for infant temperature sensing (left above). It seems clear from the announcement today and further remarks (see below) that the objective is not drug delivery, but for patient monitoring and disease management. MC10 commercializes John Rogers’ work in stretchable sensor patches and batteries [TTA 10 April]. The Biostamp does not have FDA approval but the partnership may be a way to fast-track CE approval. MC10 release, Fast Company (also reviews Proteus, Corventis, Given Imaging), Mobihealthnews with comments from Ben Schlatka, MC10 cofounder.... Continue Reading
Ka-ching! Mid-year digital health funding hits $2.3 B: Rock Health
[grow_thumb image=”https://telecareaware.com/wp-content/uploads/2014/07/stick_figure_push_up_arrow_400_clr.png” thumb_width=”120″ /]It’s geometric! Rock Health’s total of $2.3 billion in digital health funding as of June 2014 just rocketed through the $1.97 billion 2013 full year total. Year over year to date, it’s up over 16 percent. And there’s stardust on every sub-sector: software, digital health, biotech and even medical device, the laggard (negative growth) in previous reports. Funding rounds must have taken vitamins, because they are 50 percent larger on average at $15 million versus last year’s $10 million. But there’s the same concentration on big deals like NantHealth, Flatiron Health, Alignment Healthcare and Proteus, heavily skewed... Continue Reading
Monday’s ‘in the news’ briefs
Proteus raises $120 million from “major new institutional investors based in the United States, Europe and Asia” for further development of its ‘smart pills’. Mobihealthnews. Previously in TTA here (starting in 2009!) It’s a long way from ‘tattletale pills’…..InTouch Health now has an FDA-cleared iPad app, CS for iPad, to support a digital stethoscope component on the mobile devices. The app is designed to assess heart and lung sounds in real time in acute-care settings particularly tele-ICU. MedCityNews…..In the mood to read your brainwaves? The Muse is here to help with neurofeedback. MedCityNews takes it on a test drive and... Continue Reading
Proteus to build UK plant, work with NHS; PM’s 5G may save the day
The Proteus smart pill, once found to be so ‘creepy’, is making its first significant international move by planning to build a UK plant ultimately capable of turning out 10 billion units annually, and also partnering with several NHS-affiliated groups: Eastern Academic Health Science Network (EAHSN), The Northern Health Science Alliance (NHSA) and Oxford University, Oxford University Hospitals NHS Trust and Oxford Academic Health Science Network (OAHSN). According to their CEO Andrew Thompson (quoted in Mobihealthnews), this starts the long NHS tendering and commissioning process. Beyond the sensors in the Proteus pill, the signal is picked up by a disposable... Continue Reading
mHealth Summit 2013: Sunday Venture+ Forum
...date (AirStrip or Fitbit for example); some have raised over $100m (23andMe, Practice Fusion); and then there are companies that investors have pumped over $150m into (ZocDoc, Castlight, PatientSafe, Proteus). 2) The fact that many investors are first time investors, jumping in late, and even large investors in health for the first time. 3) The caution signal with the curvy line that tells us the cycle for exiting is 7 to 10 years. Jack’s starting the mathematical climb and just as I am beginning to feel the first signs of Climber’s Regret, he asks: “How many of these companies are... Continue Reading
Dick Cheney’s defibrillator and medical device hacking
The news this week that former US Vice President Dick Cheney and his cardiologist decided to turn off wireless access to his implanted defibrillator (ICD) in 2007 based on fears of radio-based attacks underlines the increased awareness of security threats to wireless interfacing or programmable devices. The fear of ‘death by malicious hacking’ could very well lessen the sales and acceptance of new wireless-dependent designs in pacemakers, diabetes management/artificial pancreas and even medication ingestion tracking (Proteus). One proposal outlined in medical device supplier blog Qmed is interesting: “Since most proposed attacks would take place from a distance, researchers believe that... Continue Reading
Body computing, sensors and all that data
This past week’s Body Computing Conference at University of Southern California (USC) had three sessions focusing on wearable sensors and the big names such as the well-financed Fitbit, Jawbone, BodyMedia, the ingestible sensor Proteus and Zephyr. The panels were split between the medical-grade and the consumer oriented with this report indicating some friction between the two. The notion of the Quantified Self died hard, even with Basis Science’s Marco Della Torre noting that 80% of health app users abandon them within two weeks, so the discussion moved to form factor and the ‘holy grail’ of getting the 90% of never-ever... Continue Reading
The pill spot – Proteus’s first trial and FDA approval for the next generation PillCam (US)
...the medicine prescribed in the Western world is actually taken as directed. It is therefore very valuable to know whether and when medication has been taken so that appropriate steps can be taken to begin addressing some of the above issues where necessary. Mobihealth news now reports on the first trial using Proteus’s medication checking system which records when specially-tagged pills have been ingested. The trial, which involved bipolar patients who are known to be some of the hardest people to get to take their medication on time, demonstrated 94% tracking accuracy, and some pretty impressive adherence statistics too. There... Continue Reading
Is health IT funding hot and not just warm?
Mercom Capital Group has also been on the trail health IT/digital health investment trends–we last looked at their 2012 report in January— and finds the opposite from the mid-year ‘warm not hot’ RockHealth digital health investment report [TTA 9 July]. They see sizzle in the $1.1 billion invested to date ($623 million in 2nd Quarter alone) in 272 deals done, versus RockHealth’s $849 million. This may all be in the definitions and the composition of companies surveyed–they had commonality on only two of the five leading deals (the leading deal for both was Proteus, the other was Watermark). Mercom is... Continue Reading
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